How SA Plans to Spend R230 Billion EU Investment Package

How SA plans to spend R230 billion EU investment package

The European Union’s €11.5 billion (R230 billion) investment package into South Africa is a springboard that will support the country on its march towards inclusive and sustainable growth. This according to President Cyril Ramaphosa, who addressed the nation through the weekly newsletter. The package was announced last week by the EU at the Global Gateway Forum at held in Brussels, Belgium. Create jobs “This innovative partnership focuses on pri…

EU pledges $13B investment in South Africa

The deal aims to develop clean energy, transport infrastructure, and health care projects in the continent’s biggest economy.

President calls for more exports as EU ups investment in SA

Ramaphosa said the strategic partnership between SA and the EU has evolved in scope and substance over the years.

President Ramaphosa Welcomes €11.5 Billion EU Investment In South Africa - Infrastructure news

President Cyril Ramaphosa has welcomed a new investment package from the European Union (EU) valued at €11.5 billion (R230 billion), describing it as a significant step towards building South Africa’s economy of the future while deepening long-standing ties with Europe. Speaking during a media briefing on Thursday, President Ramaphosa said the initiative opens “new possibilities for trade and investment” and marks the beginning of “a new era of …