EU Commits €11.5 Billion Investment in South Africa’s Green Energy and Infrastructure
The European Union has announced a massive €11.5 billion investment package for South Africa targeting clean energy transformation, infrastructure modernization, and pharmaceutical production. This strategic partnership aims to accelerate South Africa’s economic recovery while advancing continental healthcare security.
The European Union has committed to a transformative €11.5 billion ($13.3 billion) investment package in South Africa, targeting critical sectors including renewable energy infrastructure, power grid modernization, and pharmaceutical manufacturing capacity. This landmark announcement comes as Africa’s most industrialized economy seeks to revitalize growth and address persistent unemployment challenges.
