EU to invest $5bn in South Africa

European Union announces 4.7 billion euro investment package for South Africa
European Commission President Ursula von der Leyen on Thursday announced a new 4.7 billion euro ($5.10 billion) investment package for South Africa on a visit to the country. Von der Leyen said the Global Gateway investment package was to support a just energy transition,
EU announces a $5 billion investment in South Africa as the tariffs war with Trump escalates
European Union leaders have announced a 4.7 billion euro, or about $5.1 billion, investment package in South Africa to support green energy transition and vaccine production.
EU-South Africa partnership: Green energy and beyond
The EU and South Africa are forging stronger ties as they both grapple with aid and trade threats from the Trump administration in the United States.The European Union on Thursday announced a E4.7 billion investment package in South Africa to fund green energy projects and boost vaccine manufacturing.
EU pledges 4.7 billion euros to South Africa as Trump brings them closer
European Union leaders announced a 4.7 billion euro ($5.10 billion) investment package during a visit to South Africa on Thursday, at a time when both are on worse terms with the United States than they have been for decades.
EU, South Africa Strengthen Partnership at Summit
The European Union and South Africa held their first summit since 2018 in Cape Town. The EU plans to mobilize 4.7 billion ($5.1 billion) for investment in South Africa that will include money for green energy as well as for the manufacture of vaccines in the country.
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