Elon Musk lately met with South Africa’s President Cyril Ramaphosa in the US. Based on 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 turn out to be so profitable and you’re investing in a wide range of international locations, I need you to return house and make investments right here. He and I are going to have additional dialogue,” President Ramaphosa instructed 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 top of many profitable firms, 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 fully 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 fascinated with Starlink, as it might present web connectivity to many rural and underserved areas. Native stories counsel that President Ramaphosa may additionally be fascinated with welcoming investments from Tesla.
Nevertheless, Starlink could be essentially the most helpful to South Africa in the mean time. Elon Musk has already acknowledged that SpaceX is awaiting regulatory approval in South Africa to launch Starlink web providers.
Starlink already gives web providers in a number of African international locations, together with Zimbabwe, Zambia, and Kenya.
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