Elon Musk just lately met with South Africa’s President Cyril Ramaphosa in the USA. In response to South Africa’s United Nations Bureau Chief Sherwin Bryce-Pease, Musk and President Ramaphosa talked about potential investments in South Africa.
“I’ve had discussions with him and have stated, Elon, you change into so profitable and you’re investing in a wide range of international locations, I need you to come back residence and make investments right here. He and I are going to have additional dialogue,” President Ramaphosa advised reporters final week.
Whereas visiting New York to attend the 78th United Nations Common Meeting (UNGA) session, President Ramaphosa met with Elon Musk to additional focus on potential investments in South Africa. As the pinnacle of many profitable corporations, discussions with Musk maintain important potential for innovation in South Africa.
President Cyril Ramaphosa met South African-born American billionaire Elon Musk in New York to speak funding in SA after a day centered solely on FDI and engagement with dozens of enterprise leaders#sabcnews pic.twitter.com/vmNV6P7Ey5
— Sherwin Bryce-Pease (@sherwiebp) September 23, 2024
For now, South Africa is primarily occupied with Starlink, as it might present web connectivity to many rural and underserved areas. Native reviews counsel that President Ramaphosa may additionally be occupied with welcoming investments from Tesla.
Nevertheless, Starlink is perhaps probably the most useful to South Africa for the time being. Elon Musk has already acknowledged that SpaceX is awaiting regulatory approval in South Africa to launch Starlink web companies.
Starlink already affords web companies in a number of African international locations, together with Zimbabwe, Zambia, and Kenya.
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