Saudi Arabian auto distributor Jameel Motors and China’s Chongqing Changan Automobile Co. plan to enter the South African market later this year as the continent’s biggest economy shows signs of recovery.

Jameel will start selling Changan’s SUVs, pick-ups and sedans, as well as its Deepal electric vehicle range from the fourth quarter, the companies said in an emailed statement on Monday. Jameel, part of Abdul Latif Jameel Group, the third-largest shareholder of Rivian Automotive Inc., plans to invest 500 million rand ($27.2 million) and open 50 showrooms in the “medium term.”

“The South African market represents a significant long-term investment opportunity, given that it is the largest automotive market in Africa,” they said.

South Africa had over 500,000 new vehicle sales last year, with domestic new vehicle sales rising more than 10% in January year-on-year, according to the National Association Of Automobile Manufacturers Of South Africa.

The move also marks the latest inroad by a Saudi Arabian investor in Africa’s most industrialized economy.

Zahid Group is currently in talks with South Africa’s Barloworld to increase its stake in the logistics firm. The Saudi Telecom Company, via a subsidiary, recently acquired a South African telecoms company, and Riyadh-based ACWA Power has signed a memorandum of understanding to invest $10 billion in South Africa’s renewable-energy industry over the next decade.