Investment by South African companies in Guinea Bisaau will benefit both countries: Ramaphosa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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South Africa wants to increase its energy capacity by exploring new opportunities in countries like Guinea Bissau.

President Ramaphosa says cooperation will benefit both countries.

“It is our hope that we will be able to explore further opportunities your excellency, for investment by South African companies in Guinea Bisaau, in areas such agriculture, mining, energy, manufacturing s well as infrastructure. Such investment would benefit both our countries and enable Guniea Bissau to derive greater value from its natural resources and also providing South African companies with new opportunities benefit for growth.”

Embalo says they want to bring investors to their country to strengthen their economy that was battered by COVID-19.Embalo says his country has potential for oil exploration amid the global energy challenges. “We want to strengthen our corporation in all areas of common interest. We want to attract investment in Guinea Bissau. We have important potential in agriculture, fisheries and exploration of oil.”South Africa and Guinea Bissau share a vision and strategic partnership on the advancement of peace and security, prosperity and development of our Continent.​ The visit will also be a platform to reinvigorate a number of bilateral agreements that require closer implementation.

 

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Bloody fools we have more then enough coal under us

Lol 😂😂... a lot of South Africans think their country can function alone 😂😂... Even the united state don't function alone

The money will be stolen either way

What's wrong coal energy do we really need to go outside south africa when we have so much coal ?

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