The commitment was made during the first state visit by South African President Cyril Ramaphosa to the Middle Eastern nation, the Presidency said in an emailed statement on Saturday.
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Ramaphosa is seeking to revive a flagging economy after taking over from Jacob Zuma as the nation’s leader in February and seeks to lure $100 billion in investment over the next five years. Business and investor confidence has slumped after an initial boost following Zuma’s departure as ruling-party leader in December.
The South African president also visited Nigeria this week, where he met with the nation’s leader, Muhammadu Buhari.
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