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Ramaphosa Rallies Investors as South Africa Targets $2 Trillion Growth Drive

Mar 31, 2026

Ramaphosa Rallies Investors as South Africa Targets $2 Trillion Growth Drive

South Africa’s President Cyril Ramaphosa has urged global and domestic investors to back the country’s next phase of economic expansion, as he opened the South Africa Investment Conference 2026.

Addressing over 1,000 delegates from more than 50 countries, Ramaphosa highlighted a period of recovery and growth supported by structural reforms, stabilising inflation, improved sovereign ratings, and rising investor confidence.

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Central to his message was “investment-led growth and job creation”, aimed at reducing unemployment and promoting inclusive development.

He cited progress under Operation Vulindlela, including improvements in energy supply, logistics, visa systems, and digital infrastructure—all designed to lower business costs.

The President also announced ambitious public investment plans, with over R1 trillion earmarked for transport, energy, and water infrastructure over the next three years, to stimulate private sector participation.

He highlighted opportunities in renewable energy, green hydrogen, advanced manufacturing, and digital services, stressing that South Africa’s future growth will be shaped by decarbonisation, digitisation, and diversification.

Minister of Trade, Industry and Competition Parks Tau reaffirmed South Africa’s standing as a top investment destination.

The conference also launched the country’s second investment drive, targeting R2 trillion in new investment between 2026 and 2030, building on previous commitments that exceeded initial targets.

Ramaphosa assured investors of policy stability and sustained reform momentum, positioning South Africa as a resilient and competitive hub for long-term investment.

 


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