South Africa is Africa’s second largest economy by GDP (after Nigeria) and the continent’s only member of the G20. It is also one of the most unequal countries in the world, with high levels of unemployment, poverty and HIV/AIDS.
The UN General Assembly elected South Africa to serve on the UN Security Council from 2006 till 2008 and again from 2010 till 2012. South Africa is currently Vice Chair of the Indian Ocean Rim Association (IORA), and is a member of the Southern African Development Community. With Australia, South Africa jointly hosts the AUD1.9 billion Square Kilometre Array radio telescope project involving institutions from more than 20 countries.
South Africa is Australia's largest export market in Africa with two-way trade totalling A$2 billion in 2014. Australia and South Africa signed a Memorandum of Understanding in 2010, recognising the long history of co-operation between the two countries and aiming to strengthen political, economic and strategic engagement.
- Livestock and cropping systems for disadvantaged farmers
- Irrigation water management