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Maroc Maroc - WN.COM - Africa - 08/Mar 09:00

Middle Eastern tensions could test South Africa’s diversification strategy

South Africa’s push to diversify its trade and investment partners has increasingly turned toward the Middle East and tensions could test the country’s export desk. Yet as geopolitical tensions simmer across the region, the key question policymakers will be observing is how resilient these partnerships are to instability. Pretoria’s economic diplomacy in recent years has sought to move up the mineral value chain by expanding into emerging economies in the Global South. Middle Eastern economies, abundant with sovereign wealth, and ambitious pursuits to diversify and build strategic trade relations with the continent, have become attractive partners. The UAE, in particular, has positioned...

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