Part 8/11:
Furthermore, geopolitical realities involve competition from other global powers. The United States, Russia, and China are increasing their footprint in Africa through diplomatic, economic, and military channels, creating a complex landscape in which South Africa and Saudi Arabia must navigate geopolitical rivalries.
The Strategic Significance of the Partnership
Saudi Arabia’s investment plans in Africa, valued at approximately $41 billion across sectors such as mining, renewables, and agriculture, exemplify a deliberate strategy to secure future-oriented industries and natural resources. For South Africa, these investments are vital liquidity injections that can boost economic growth, enhance global visibility, and create employment opportunities.