President Cyril Ramaphosa says his visit to Spain reflects the strength of the two countries’ longstanding partnership and their shared commitment to building a modern, dynamic and mutually beneficial economic relationship.

He was addressing a Business Forum in the Spanish capital, Madrid.

Spain is a valued partner to South Africa.

Our relationship is built on shared values and a common belief in inclusive growth, industrial development and sustainable prosperity.

Today, we meet not only to celebrate our partnership, but to shape its next chapter.…

— Cyril Ramaphosa (@CyrilRamaphosa) April 17, 2026

The President says trade between Pretoria and Madrid reached approximately 2.8 billion Euros last year, making Spain one of South Africa’s fastest-growing major partners in the European Union.

“South Africa is a really outstanding investment destination and through this, your companies that have invested in South Africa have been able to create jobs which we solely need for over 20 000 people across various sectors from renewable energy, infrastructure, financial services to technology as well as tourism.”

VIDEO | Ramaphosa addresses Business Forum in Spain:

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