Summary

The European Union will invest $5 billion in South Africa after Donald Trump’s administration cut nearly all U.S. aid.

EU chief Ursula von der Leyen announced the funding at a Cape Town summit, emphasizing support for clean energy projects like wind, solar, and hydrogen, as well as vaccine manufacturing.

The EU, now South Africa’s largest sub-Saharan trading partner, pledged to prioritize local jobs and development rather than simply extracting resources for export.

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    3 hours ago

    is because of the greedy and entitled ANC run government.

    That government has a constituency that keeps them in power.