French companies announce R50bn in new South African investments

French companies have announced R50-billion of new investments in South Africa in different sectors, including energy, health, tourism, mobility, retail, manufacturing and agro-industry, the French Embassy in South Africa said. The announcement was made at the 2022 South African Investment Conference on March 24  and follows the announcement of R20-billion in investment commitments in 2019, a pledge which has already been fully fulfilled.