The Duchess of Gloucester and Lord Mayor of London, Nicholas Lyons , listen as President of South Africa, Cyril Ramaphosa, makes a speech at the Guildhall on November 23, 2022 in London, England.President Cyril Ramaphosa has expounded on economic opportunities in South Africa. He was addressing a banquet hosted at the Guildhall by London mayor Nicholas Lyons at the close of his state visit to Britain.
The impact of the Russia-Ukraine conflict on food and fuel prices has led to further economic turmoil and hardship, particularly for the poor and vulnerable. South Africa is a leading mining economy, with proven capabilities in advanced manufacturing, science and technology. Four years ago, we embarked on an ambitious investment drive to attract some £60bn in new investment in the South African economy over a five-year period.We will be hosting the 5th South Africa Investment Conference in April next year.
There is potential for significant partnerships on electric vehicle production, on green hydrogen and on green steel production.
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