Southern African-German Chamber of Commerce and Industry

The Chamber

The SAGCC (AHK Southern Africa) is part of the worldwide network of German Chambers of Commerce Abroad (AHK) with 140 locations in 92 countries. Since its inception in 1952, the SAGCC has played an integral role in fostering bilateral trade relations between South Africa and Germany, including countries in the SADC region.

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In view of South Africa Germany is the third largest export market. Considering South African imports Germany ranks on number 2 worldwide. For German companies South Africa is by far the most important economic partner on the African continent.

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Fragile economic structure

Mozambique is one of the poorest countries in the world: 60 % of its inhabitants live below the poverty line. Although the country's economy continues to grow unabated, so far only the social elite and foreign investors have benefited.

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Tense economic situation

Zimbabwe is currently one of the poorest economies in the world, characterised by very high unemployment, low gross domestic product, shortages of foreign exchange, investment and energy, and a fallow state in many economic sectors.

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Overview Zambia

Zambia's export economy is dominated by metallic raw materials such as cobalt and copper. Foreign exchange revenues from this sector of the economy account for up to 95% of total revenues. The primary sector of raw material extraction and agriculture has dominated very strongly since colonial times, with the secondary (manufacturing) and tertiary (services) sectors playing only a subordinate role.

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