EU Pledges €4.7 Billion Investment in South Africa at Landmark Summit

The European Union has announced a €4.7 billion ($5.1 billion) investment package for South Africa to support green energy and vaccine production, marking a significant step in strengthening economic and political ties. The commitment was made during the first bilateral summit between the EU and South Africa in seven years, held at President Cyril Ramaphosa’s office in Cape Town.

A Shared History of Reconciliation

Speaking at the…