At the South Africa Infrastructure Investment Summit, President Cyril Ramaphosa highlighted that South Africa has attracted around R1.5 trillion in investment commitments since 2018 across energy, telecoms, advanced manufacturing, mining, and infrastructure sectors.

South Africa secured a record $54 billion (R890 billion) in pledges on the 6th South Africa Investment Conference, which has encouraged the country to set a new investment goal of R3 trillion – or $180 billion – over the next five years.

These commitments represent factories being built, renewable energy projects being connected to the grid, logistics corridors being modernized, jobs being created, and confidence being restored.

The investment strategy is focused on sectors that will drive growth and create jobs at scale. These include manufacturing, mining beneficiation, digital infrastructure, agriculture and green industrialisation.

The government also emphasized plans to mobilize trillions more into infrastructure development.