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Ramaphosa Team to Seek $8 Billion Investment for South Africa

South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for 100 billion rand ($8 billion) in investment to boost the ailing economy. The team of economic envoys includes two former finance ministers — Trevor Manuel and Pravin Gordhan, who now holds the state firms portfolio — as well as a former top banker. Ramaphosa became president in February after winning the leadership of the ruling African National Congress last year on...

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