ASSESSMENTS

South Africa's Ambitious Foreign Investment Plans

Dec 10, 2012 | 11:16 GMT

South Africa's Ambitious Foreign Investment Plans
South African President Jacob Zuma addresses the South African parliament in Cape Town on Nov. 15

STRINGER/AFP/Getty Images

Summary

Despite possessing the largest economy in sub-Saharan Africa, South Africa lacks the international influence of a country that views itself as a continental leader. As the ruling African National Congress prepares for a Dec. 16-20 leadership convention that will almost certainly name President Jacob Zuma party leader for another term, Pretoria has begun a push to expand its strategic clout by investing in the West and elsewhere in Africa.

Pretoria wants to boost its international influence by funding projects elsewhere in Africa and in the West....

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