EU Pledges 4.7 Billion Euros to South Africa

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.
South Africa-European Union Summit concludes
President Cyril Ramaphosa has welcomed the European Union’s €4.7 billion Global Gateway Investment Package aimed at supporting strategic investment projects.
EU pledges R93. 5bn investment package to support South Africa in strategic investment initiatives
The European Union has pledged €4. 7 billion (R93. 5bn) to support South Africa's strategic projects, focusing on green energy transition, digital connectivity, and vaccine production. The landmark announcement came during the SA-EU Summit in Cape Town,
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 plans €4.7b in investment package for South Africa
Most of it (4.4 billion euros) to go into in clean energy projects, focusing on wind, solar, and clean hydrogen.
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,
South Africa reduces Eskom debt relief package by a further $1.1 billion
South Africa said on Wednesday that it would reduce its debt relief package for state power utility Eskom by a further 20 billion rand ($1.1 billion) and would give some of its support in loans rather than taking on the company's debt.
The Economist2d
The budget that will determine South Africa’s future
B udget announcements are rarely dramatic events in South Africa. But the statement on March 12th by Enoch Godongwana, the ...
Eskom's financial recovery: Treasury adjusts R70bn debt relief package
South Africa's state power utility Eskom is set to receive modified debt relief support, with Treasury announcing a ...
TechCentral1d
South Africa reduces Eskom debt relief package
South Africa said on Wednesday that it would reduce its debt relief package for state-owned power utility Eskom by a further ...