The Republic of South Africa is a country located at the southern tip of the African continent. It borders the countries of Namibia, Botswana, Zimbabwe, Mozambique, and Swaziland, and entirely surrounds Lesotho.
South Africa has the largest population of people of European descent in Africa,one of the largest Indian population outside of Asia, as well as the largest Coloured (of mixed European, Asian and African descent) community in Africa, making it one of the most ethnically diverse countries on the continent. Racial and ethnic strife between the black majority and the white minority have played a large part in the country's history and politics. The National Party began introducing the policy of apartheid after winning the general election of 1948; however, it was the same party under the leadership of F.W. de Klerk who started to dismantle it in 1990 after a long struggle by the black majority, as well as many white, coloured and Indian South Africans.
The country is one of the few in Africa never to have had a coup d'état, and regular free and fair elections have been held since 1994, making it a regional power and among the most stable and liberal democracies in Africa.
South Africa is ranked as an upper-middle income economy by the World Bank. It has the second largest economy in Africa after Nigeria, and the 34th-largest in the world. By purchasing power parity, South Africa has the 7th highest per capita income in Africa. Although being the second largest economy, South Africa has the most sophisticated economy in the continent, with modern infrastructure common throughout the country. The country is considered to be a newly industrialized country according to the World Bank classifications.