1.11.4 South Africa

2013-05-24
South Africa is the third-largest air conditioner market in Africa after Egypt and Nigeria. Reinforced by its abundant natural resources, South Africa shows potential for further economic growth. It is part of VISTA (Vietnam, Indonesia, South Africa, Turkey, and Argentina), a group of rising countries following the BRICs. Air conditioner penetration is still low in South Africa, and the market holds promise.
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