15 Big Investments Establishing In Africa 2015

3.    In August, Volkswagen AG said it plans to invest $340 million in its South African car business to bolster production in the country. The Wolfsburg, Germany-based automaker has planned to inject nearly $220 million on production facilities at its manufacturing plant at Uitenhage, near Port Elizabeth in the Eastern Cape province. The remaining $110 million will be spent on enhancing the supply chain.