Nigeria pitches $600m lithium and gold projects to Saudi investors
Nigeria has stepped up its bid to attract Gulf capital after pitching $600 million lithium processin...
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Known as the “rainbow nation,” a reference to the many ethnicities that make up the population, the nation of South Africa has a long history marked by interracial relations. Originally inhabited by Bantu-speaking tribes, Dutch traders established a settlement in 1652, and the British arrived in 1806, eventually colonizing South Africa. In 1948, the government implemented a policy of apartheid, which legalized racial segregation and discrimination. The first multi-racial elections took place in 1994, yet after 30 years, the national identity continues to be formed from a struggle between different groups who have come together as one nation. Much fragmentation remains.
South Africa is a young nation: one-third of the population is under 15, and 60% is under 35. It is also a middle-income nation comprising almost 40% of Sub-Saharan Africa’s GNP. Gross debt rose from 23% in 2008 to 71% in 2022. Traditionally, they have an economy of agriculture, livestock, and mining, with large financial and tourism industries developing as well. Yet the economy is adversely affected by one of the world’s highest unemployment levels, along with high corruption, HIV/AIDS, and high crime and poverty rates.
Traditionally, a religious country, three out of every four people claim to be Christian. There are many mainline and smaller independent churches. The charismatic population, making up nearly a quarter of the population, has grown from 400,000 in 1960 to 6.3 million in 2010, and South Africa is one of only three countries in the world where church participation has increased in recent years. However, much nominalism exists, especially in the mainline denominations. The church is on the frontline of confronting the nation’s challenges; there has been a large response to the HIV/AIDS epidemic, ministries to the poor and disadvantaged, and work on racial reconciliation. Yet healing is needed between the various cultures and churches. Spiritual training for the leaders of the various African independent churches is also needed.
60,442,647
1.7%
60,442,647
1.7%
7:01 AM
69°F
Pretoria; Cape Town; Bloemfontein
Parliamentary Republic
IsiZulu Or Zulu, IsiXhosa Or Xhosa, Afrikaans, Sepedi Or Pedi, Setswana Or Tswana, English, Sesotho Or Sotho, Xitsonga Or Tsonga, SiSwati Or Swati, Tshivenda Or Venda, IsiNdebele Or Ndebele, Other And Khoi Or Khoisan Or Khoe Languages)
$13,600
91.2%
Data sources.
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