EU Pledges 4.7 Billion Euros to South Africa

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.
South Africa, Europe strengthen bonds after Trump sidelines both
The eighth EU-South Africa summit will be held in Cape Town this week, with both sides seeking strategic and reliable partners in the wake of hostilities by the United States.
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 leaders vow deeper ties amid US threats
The EU-South Africa summit came at a time of "global uncertainty ... characterised by rising unilateralism, economic nationalism", South Africa's President Cyril Ramaphosa said in opening remarks that referenced a huge global shake-up since US leader Donald Trump took office.
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.
EU pledges 4.7bn euros to South Africa as Trump brings them closer
US President Donald Trump has stunned European leaders with his pivot towards Russia in the Ukraine war, upending US policy since Moscow's full-scale invasion in 2022. His staunchly pro-Israel stance has brought him into conflict with South Africa over its genocide case against Israel at the World Court.
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