President Cyril Ramaphosa will this week host Prime Minister Lee Hsien Loong of the Republic of Singapore for an Official Visit in Cape Town. Singapore is a significant investor in South Africa, with investments totalling over R5 billion in sectors such as manufacturing, financial services, and real estate. Singapore, like South Africa, is a member of the Indian Ocean Rim Association (IORA), the Commonwealth, as well as the Non-Aligned Movement (NAM). One of the key areas of collaboration between South Africa and Singapore is trade. South Africa exports a range of products to Singapore, including gold, diamonds, and wine, while Singapore exports electronics, chemicals, and machinery to South Africa," the Presidency said.

Source: The North Africa Journal May 15, 2023 05:20 UTC