Puseletso Kofa, the founder of Dirong Investments and Motor Spares, said she signed deals with three Chinese companies to enter into a joint venture to manufacture auto components.
More than 400 Chinese manufacturers exhibited over 7,500 products in Johannesburg, South Africa and clinched deals worth more than USD 400 million with African entrepreneurs during this year's China Homelife expo. Binu Pillai, chief operating officer of the organizer Meorient International Exhibition, said last week's show provided a platform for the African business community to meet Chinese manufacturers face to face without traveling to China.
Goods on show included high-quality textiles and garments, household and consumer electronics, electric appliances, building materials and cosmetology. Auto parts and equipment involved in food processing, industrial machinery, power and electricity, lighting and epidemic prevention were also on show. Pillai said they vet those intending to come to the exhibition to ensure quality goods are showcased. The exhibition allows business communities from the region to access affordable, quality products from China, he said.
Puseletso Kofa, the founder of Dirong Investments and Motor Spares, said she signed deals with three Chinese companies to enter into a joint venture to manufacture auto components. The company has been selling auto components in southern African countries, and Kofa said they want to venture into manufacturing. Kofa said she collected some samples from Chinese companies to present them to some motor manufacturers in the country. Traditional leader King Themba Solomon Mazibuko and his entourage attended the show and invited the Chinese government and companies to continue investing in the country to create jobs and transfer skills.