Transcript South Africa - Agora.mfa.gr

Prospects for Greek
Entrepreneurship in SubSahara Africa
SOUTH AFRICA
EU Council President
Herman Van Rompuy
 "I hope the Summit [EU-Africa Summit
2014] will mark a new stage in our
relationship with Africa.”
 “It was time for a ‘shift from
development cooperation to a
partnership of equals with trade and
investment playing a key role."
Geert Laporte of the European
Centre for Development Policy
Management.
"In just a few years Africa has
become an attractive bride that can
choose among several
candidates."
Foreign Policy, Regions, EPA
 EPA:
 Negotiations for an Economic Partnership
Agreement (EPA) with the EU continue. It
is imperative that the EPA should support
the South African Government’s objectives
of strengthening regional integration and
promoting domestic industrial
development and job creation.
South Africa, Africa, NEPAD
 Africa FTA:
 Ongoing negotiations to establish the Tripartite
FTA (COMESA, EAC, SADC) will combine the
three major regional economic communities of
600 million people and combined GDP of
USD$1 trillion, as building blocks towards
continental integration. Once established, the TFTA will contribute to economies of scale, the
building of new distribution channels, value
addition and manufacturing in Africa.
 South Africa:
 Open economy.
 A resilient and diversified international
economy:
 Statistics for the period 1982 to 2012 show that
South Africa’s GDP growth follows global GDP
growth trends.
 On average, the economy has grown at 3.2
percent a year from 1994 to 2012, despite the
global setback of the 2008 recession.
 Export/Import:
 Export contributions are still below the 31%
level reached in 2008
 Imports stand at 36% of GDP
 Most important imports are fuels, machinery
and equipment, autos, medical equipment,
medicines
 Most important exports are commodities,
autos, agro produce, the mining value chain
South Africa - global
perspective
South Africa's total road network is about 754 000
kilometers, of which over 70 000km are paved or
surfaced roads.
South Africa has an extensive rail network – the 10th
lengthiest in the world – connecting with networks in the
sub-Saharan region.
More than 50 airlines, making around 230 000 aircraft
landing, and carrying about 33m passengers a year,
move through South Africa’s 10 principal airports.
•The Port of Ngqura is being developed off the coast of
Port Elizabeth in the Eastern Cape and is set to be the
deepest container terminal in Africa.
Source: South Africa Geared for Growth, 2010
South Africa – emerging market
perspective
Of 14 emerging markets; Australia, Canada, Russia,
Mexico, China, Poland, Spain, India, Korea, Brazil, SA,
Colombia Chile & Argentina
South Africa is:
•2nd most sophisticated financial market
•2nd lowest effective business tax rate
•4th ranked for ease of accessing capital
•4th ranked i.t.o. the cost of capital
•6th ranked for infrastructure
•7th for FDI as a % of GDP
Source: Brazil National Confederation of Industry. Competition Brazil 2010: A Comparison of
selected countries
Economic Achievements
• The JSE Securities Exchange one of the world’s top
20 exchanges.
• 1st for the regulation of securities exchange,
strength of auditing & reporting standards by Global
Competitiveness Report.
• 34th out of 183 countries in the World Bank Ease of
Doing Business 2011
– 2nd in the ease of getting credit
– 2nd for good practice in protecting both borrowers
and lenders
– 10th in investor protection
Source: SouthAfrica.info
Economic Achievements
• 54th out of 139 countries in the World Economic
Forum’s Global Competitiveness Index.
– 9th in financial market development
– 27th in the protection of intellectual
property
Africa is becoming more attractive...
Source: Ernst & Young’s Africa attractiveness survey
South Africa’s FDI
Composition
Rank
Sector
Proportion %
1
2
3
4
5
6
7
8
Coal, Oil and Natural Gas
Metals
Automotive OEM
Alternative/Renewable energy
Communications
Hotels & Tourism
Real Estate
Chemicals
Building & Construction
Materials
Transportation
25.13%
20.75%
8.15%
7.53%
7.32%
5.49%
3.00%
2.89%
9
10
Source: The Financial Times Ltd
2.78%
1.89%
INVESTMENT ENVIRONMENT
&
OPPORTUNITIES
Spatial Development
Initiatives In South Africa
PLATINUM SDI
PHALABORWA SDI
NORTHERN
PROVINCE
PHALABORWA
PIETERSBURG
NELSPRUIT
RUSTENBURG PRETORIA
MMABATHO
NORTH WEST
GAUTENG
MOZAMBIQUE
MAPUTO
PROVINCE
MAPUTO
WITBANK
JOHANNESBURG
MBABANE

PONTA DO OURO
WELKOM
KIMBERLEY
KWAZULU/
NATAL
RICHARDS
FREE STATE
BAY
BLOEMFONTEIN
PIETERMARITZBURG
 DURBAN
NORTHERN CAPE
WEST COAST
INVESTMENT
INITIATIVE
MAPUTO
LUBOMBO
SDI
KWAZULUNATAL SDI.
PORT EDWARD
UMTATA
VREDENBURG
PORT ST JOHNS
EASTERN CAPE
SALDANHA BAY
ATLANTIS
PAARL
CAPE TOWN
WESTERN
CAPE
GEORGE
EAST LONDON
NQURA
PORT ELIZABETH
WILD COAST SDI
FISH RIVER SDI
Possible Development
Corridors & SDIs in SADC
MALANGE
Development
Corridor
LOBITO
Development
Corridor
"A Kis angani
"A Mbandak a
"
"A A Librev illeGabo n
Port Gentil
"A
Kenya
"A Nairobi
Rw and a"
A Kigali
"A Bujum bura
Co ng o
Braz zaville
"A"A
Kins hasa
"A
Point e N oire
Dem ocrat ic Rep ub lic
Bu rund i
of Cong o
"A Matadi
"A
Mombasa
"A Kigom a
"A Kananga
Kahem ba
"A
Luanda
"A
"A
"A Dodoma
Tanzania
"A Dar es Salaam
Malanje
"A
Ang ola
"A
Benguela
"A
"A
Menongue
"A
Namibe"A
NAMIBE
Development
Corridor
Malawi
LilongweA
"
Zamb ia
Nacala
"A
Harare
Mozam bique
Zim bab we
Windhoek
"A
"A Beira
"A Bulaw ay o
Nam ib ia
NACALA
Development
Corridor
"A
"A Lus aka
"A Liv ingstone
"A
Walv is Bay
Mtw ara
Lum umbashi
Huambo
TAZARA
Development
Corridor
BEIRA
Development
Mad agascar
Corridor
"A Toamas ina
"A Antananariv o
Bo tswana
"A Toliara
Gaborone
"A
Walvis Bay
Dev. Corridor
Pretoria
"A
"A
"A
"A
Johannes burg Mbabane
Map uto
Swaziland
Kim berley
"A
"A
"A Maseru
Bloem fontein
COAST-TO-COAST
Corridor
Cape T ow"A
n
Sout h Africa
Leso tho
"A
"A
"A
Durban
Eas t London
Port Eliz abeth
MAPUTO
Development
Corridor
LUBOMBO SDI
South Africa: Role in Africa
Moving In
Major investment
projects in other
African nations by
South African
businesses since the
end of apartheid
Energy & Oil
Aviation
Telecommunications
Manufacturing
Hotels & Retail
Mining
Source: Business Map; New York Times