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South Africa is the most economically developed country and the second largest economy in Africa. It is a member of important international organizations such as the G20 and BRICS. South Africa is very rich in natural resources, with relatively complete financial and legal systems. It has good communication, transportation, energy, and other infrastructures. Its mining, manufacturing, agriculture, and service industries are well developed. Those are the four pillars of its economy. Its deep well mining and related technologies are top of the world.
China, USA, Germany, Japan, UK, India, Saudi Arabia, etc.
South Africa has the largest Internet market in Africa, with an Internet penetration rate of 56% and a smartphone ownership rate of over 90%. South Africa is the 41st largest e-commerce market. In 2021, South Africa’s e-commerce growth rate is 19%.
One of the countries with the lowest electricity production costs in the world; a high proportion of coal generated power; sustainable and clean energy development such as solar energy, wind energy, and biofuels.
Rich in mineral resources, one of the world's largest producers of gold and platinum, and a leading producer of base metals and coal.
South Africa's steel industry is highly developed and the metallurgical related industries are in large scale, including basic iron ore, steel, basic non-ferrous metals and metal products.
Africa's largest chemical producer and a global leader in coal synthesis and gas-to-liquids conversion technologies.