“We have worked with Samsung and they identified the Dube TradePort as a space to operate from,” he said. President Jacob Zuma “will launch the special economic zone within a month or so and the first investment anchor will be Samsung,” he said. The company will make an official announcement within the next two weeks, Stefanie Bosman, a spokeswoman for its local office, said in an e-mailed response to questions.
The South Korean company is targeting $10 billion of sales in Africa annually by 2015, the Seoul Economic Daily reported on July 8. The number of mobile-phone users may rise 43 percent to 346 million by 2017 from 2012 in sub-Saharan Africa, the fastest-growing region, where roughly two-thirds of the population are without a mobile subscription, the GSM Association, an industry body, said in a 2013 report.