Africa’s biggest economy taps Gulf expertise as it looks to unlock $9.5 billion property empire

The government is considering a development fund that could raise money for projects linked to the planned South African National Property Company, Public Works and Infrastructure Minister Dean Macpherson said in a Bloomberg TV interview
Gulf banking giant eyes Africa’s largest economy after Nigeria expansion – Businessday NG

First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender, has confirmed plans to seek a banking licence in South Africa, potentially extending its African footprint after opening a representative office in Nigeria earlier this year