EU Pledges 4.7 Billion Euros to South Africa

EU announces $5B investment in South Africa as Trump threatens more tariffs on European products
European Union leaders have announced a 4.7 billion euro ($5.1 billion) investment package in South Africa to support green energy transition and vaccine production at their first bilateral summit in seven years.
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 announces €4.7 billion investment in South Africa, sparks mixed reactions on social media
The European Union has pledged its commitment to strengthening ties with South Africa, announcing a R94b investment package which has divided locals.
EU, South Africa Hold First Summit Since 2018 as US Ties Unravel
The European Union and South Africa are holding their first summit since 2018, the latest step toward shoring up a shaky relationship in a world where both are currently the target of US President Donald Trump’s capricious politics.
EU Pledges €4.7 Billion Investment in South Africa at Landmark Summit
Ramaphosa aims to use South Africa’s G20 presidency to advocate for debt relief and climate financing for developing nations—priorities that have been downplayed by the U.S.
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 to invest $5bn in South Africa after US aid withdrawal
The EU's investment package includes funding to boost vaccine manufacturing and for a transition to clean energy.The European Union will invest $5 billion in South African aid and development projects,
EU announces a $5 billion investment in South Africa as the tariffs war with Trump escalates
Senior European Union officials were in South Africa for a summit Thursday with President Cyril Ramaphosa that center on ...
EWN50m
EU launches peace, security & defence dialogue with SA to end conflicts in Ukraine, Palestine, Africa
Speaking on Thursday at President Cyril Ramaphosa's official Cape Town office, Tuynhuys, EU Council president, Antonio Costa, ...
allAfrica.com on MSN1h
EU affirms strategic partnership with SA
Amidst the changing global landscape, European Council President António Costa has emphasised the importance of the strategic ...
BusinessTech2h
Major wake-up call for South Africa
Deputy President Paul Mashatile says that South Africa’s spat with the United States should be a wake-up call for the country ...
EWN8h
EU says support of SA developmental, investment goals not conditional
On Thursday, the EU pledged to mobilise €4.7 billion in a global investment package for South Africa, including the ...
South African rand slips as markets focus on budget talks
South Africa's rand weakened on Thursday as the dollar recovered some ground after recent losses, a day after South Africa's ...
Anadolu Agency16h
African blocs want ceasefire, peace in eastern DR Congo ‘as soon as possible’: South African president
To address global instability and insecurity, we have decided to launch a dedicated EU-South Africa, peace, security and ...
EWN20h
EU leaders throw weight behind SA in face of growing economic threats
At the start of the eighth South Africa-European Union summit in Cape Town on Thursday, president of the European Commission, ...