The Coega industrial development zone has contributed almost 15 000 jobs to Eastern Cape and
has an investment value of nearly R3bn. It has huge potential to grow more entrepreneurs,
placing it well for the country's plan to boost black industrialists.
TPG Growth and Satya Capital are looking for entrepreneurial partnerships north of the Limpopo
River that could benefit South African businesses. Their investment partnership will invest in
growth stage companies and the next generation of entrepreneurs across the continent.
A R9.65-billion private-public investment at Saldanha Bay, on South Africa's West Coast, aims at
improve the deep-water port's ability to service to offshort oil and gas industry, the Transnet
National Ports Authority announced on Monday.
South Africa estimates its "blue gold" could contribute as much as R177-
million to the economy by 2033. With two major port cities and its established
industrial development zones, the Eastern Cape is set to become the hub of this
maritime economic activity.
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