Tag: China Bets $10 Billion on South Africa to Build Africa’s Next Tech Hub
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China Bets $10 Billion on South Africa to Build Africa’s Next Tech Hub
China has pledged $10 billion in South Africa over the next five years, targeting ports, rail, and a flagship technology park billed as the continent’s largest “Silicon Valley.” The deal, announced at the South Africa–China Bi-national Commission in Pretoria, underscores Beijing’s push to cement influence in Africa’s most industrialized economy while giving Pretoria a shot at…
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