US EditionEU announces a $5 billion investment in South Africa as the tariffs war with Trump escalates
- The European Union will invest $5 billion in South African aid and development projects, announced EU Chief Ursula von der Leyen.
- Most of the investment aims to support the transition to clean energy, including wind, solar, and hydrogen power production.
- This announcement was made at the first bilateral summit between the EU and South Africa in seven years.
- Von der Leyen stated, 'Europe values its partnership with South Africa,' before meeting President Ramaphosa.
55 Articles
55 Articles
Pragmatic partners: The EU’s new model for engagement with South Africa
The EU and South Africa are fresh off the back of their first mutual summit in seven years. Pretoria remains committed to its policy of strategic ambiguity, while the EU took the chance to further its green and industrial ambitions via a new partnership model
South Africa MUST Negotiate With Trump to Avoid Catastrophe, Warns Political Leader
South African authorities must quit insulting Donald Trump and get to the negotiating table before doing any further harm to South Africa and its economy, warned United Independent Movement leader and former Mandela national security advisor Neil De Beer. De Beer, an Afrikaner who joined the ANC’s military wing and played a key role bringing ... The post South Africa MUST Negotiate With Trump to Avoid Catastrophe, Warns Political Leader appeared…
Europe boosts ties with US friends spurned by Trump
The NewsEurope is ramping up efforts to strengthen ties with US partners spurned by President Donald Trump.Brussels unveiled Thursday $5.1 billion in investments in renewable energy and vaccine production in South Africa, the continent’s biggest economy, and said it would open trade talks with Pretoria, which was left scrambling after Washington cut aid over a land redistribution law it said discriminated against white farmers. And Mark Carney —…
Deutsche Welle
EU to invest $5bn in South Africa after US aid withdrawal
Donald Trump's cancellation of millions in aid to the country left a massive funding gap. The EU's investment package includes funding to boost vaccine manufacturing and for a transition to clean energy.
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