'Strategic allies': EU leaders praise Ramaphosa, announce €4.7bn package for energy, vaccines

'Strategic allies': EU leaders praise Ramaphosa, announce €4.7bn package for energy, vaccines

The European Union has given President Cyril Ramaphosa its full backing as G20 president and topped it with a new €4.7 billion package for South Africa's just energy transition and vaccine manufacturing.

South Africa: President Ramaphosa Engages EU On New Investment Package

[SAnews.gov.za] With the 8th South Africa-European Union (SA-EU) Summit underway, President Cyril Ramaphosa says South Africa intends to hold further constructive discussions on a new investment package by the EU, to South Africa.

EU, South Africa leaders vow deeper ties amid US threats

Cape Town, South Africa — The European Union and South Africa vowed to deepen cooperation at a summit on Thursday as both grapple with aid and trade threats from the new US administration. European Commission head Ursula von der Leyen also plans to mobilize a 4.7-billion-euro ($5 billion) investment package in South Africa that includes

A taste of South Africa at Coto restaurant

Enjoy vino for a laid-back afternoon of exquisite wines, savoury bites, and a taste of South Africa. Coto Restaurante between Marbella and Benahavís is presenting a special lunchtime celebration of South African wines from the Haute Cabrière winery on Saturday, March 29, midday. Taken von Arnim, one of the founders of Haute Cabrière, will guide visitors through a complimentary tasting session… Source

EU announces R94bn package for new investments in South Africa

President Cyril Ramaphosa welcomed the initiative, which he said would support strategic investment projects.

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.