The European Union has announced almost five billion euros of investment in South Africa. European Commission President Ursula von der Leyen unveiled the plans to support green energy and vaccine production during a visit to Cape Town. South African President Cyril Ramaphosa said the bilateral summit comes at a time of economic nationalism, referring to tariffs imposed by US President Donald Trump. Von der Leyen said the EU was eager to deepen its relationship with South Africa.
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That was an extremely DUMB thing to do. That money goes nowhere but into the pockets of the ANC government officials. The people won't see any of the money, nor will the infrastructures be improved. Has the EU been living under a rock??
What a joke! 🤣
South Africa is bankrupt, they need to line their pockets
What an embarrassment for the EU to associate themselves with this racist corrupt to the core ANC government
Absolutely shocking
Interesting now Europeans wants to invest in Africa 😂
Note: This money will never serve its intended purposes it will be stolen by the kleptomaniac anc members!
South Africa is floundering. To really help South Africa, dissuade SA from implementing laws that weaken property rights and discourage investment . A true friend will speak hard truths.
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Why would the eu give money to SA, so the government can steal more!
Don't they understand that the public will not get a cenr of that money nor will it improve the country!
Blink once, all gone
Why? Africa if the wealthiest continent in the world in natural resources (50-100 trillion$) we need to work together with ourselves
Waste. Spend the money on European citizens.
BS decisions like these are what led to rise of people like Trump, Afd and Milei. Etc
It's another lies not only from wrong greedy partnership but with a puppet government, Cyril Ramaphosa is a total definition of FAILURE and missed opportunity, he's corrupt, incompetent and in general a tool in the hands of minority to keep their capitalism to the top and sapp South Africa economy to white monopolists
I hope the EU are going to audit the funds, otherwise it's just going to line the usual pockets.
Unfortunately South Africa will corrupt all this money!
Thanks to EU
This EU chief von der Leyen’s €4.7 Billion For ‘South Africa’
Investing in energy 'transition' in South Africa von der Leyen means investing in the Cyril Ramaphosa and Patrice Motsepe's multi-billion African Rainbow Energy and Power (AREP) company and its subsidiaries. South Africa, you are being looted by the RamaTsepes and the ANC without restraint. This woman EU chief von der Leyen and her husband have vested interests in renewable energy!!!
Ramaphosa and his brother in law Patrice Motsepe own huge mineral mines in South Africa …join the dots.
So EU supports the looting and thieving of the state against the citizens ? Interesting so that means they must be stealing from their citizens too
That same EU wants to have access to your savings to fund their military. Ramaphosa is selling South Africans yet again.
Beast
Funding for Apartheid Bantustans corruption.
Be prepared to say buy buy to that 5B😅
A little bit odd when you consider the current geopolitical situation and stance towards the US and the ANC's own opinion of Europe and the European Union. Not to mention their relationship with Russia and China. Since I'm only a minority citizen and have no rights or say in what my government does all I can do is hope they conduct themselves professionally and do some good with the money and one day hope we do away with identity politics but I somehow doubt that. Who knows. Maybe it means the EU might actually value us and we start seeing better international relationships and treatment overall although it's more likely that we're just a source of assets for rich people.
The ANC (African National Corruption) will steal it and repurpose it for unintended purposes. Europe is ignorant of the ANC's teputation if they dont monitor the use of those funds.
EU now what to steal money from their citizenz to support this wow how noble this woman is but she will get on well with ANC..both communists
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Unemployment. Green energy for who , builders roads so that those Minerals could travel beautifully
Its called Non Alliance, its a clever way to be in between just as India and China do
Europe Needs raw materials to counter US power
South Africa the ally of Russia. EU sure care about Ukraine. The european have audacity to say US abandon Ukraine. Bunch of free-loaders.
Basically nothing that creates permanent jobs and rather more income for the cronies. Temp jobs and things that draw more money from the poor as well as jabs for them. We shall see, i bet it goes to bolstering the German border instead
As a South African, I’ve been reading these comments, and it’s clear many people are taking this out of context. Europe colonised much of Africa and has a responsibility to assist African nations to rebuild. While I understand Europe has its own challenges, providing even minimal aid to address the damages of the past is meaningful. You see, you have to really study the past of europe and african nations to understand its complexity. For nearly a century, Britain—arguably Europe’s biggest offender—exploited most of South Africa’s wealth and resources and then abandoned SA and most other African nations. Many African nations were left to navigate independence with fragile economies and political instability stemming from colonial policies. I’m optimistic about seeing more partnerships like this. Yes, there are corrupt politicians, but what frustrates me about the current direction of America is its tendency to just be hyper aggressive, make enemies, self-destruct, and eventually isolate itself from the world. And now the U.S. wants to join the Commonwealth of Nations—the former British Empire club? lol. Also it's irrelevant to make accusations that SA is Russia's puppet. Russia has done nothing to prosper growth in Africa, China yes, they're building roads, schools, hospitals, banks, power facilities. South Africa is a bit like Switzerland. When it comes to aggressive geopolitical tensions and conflict, we like to distance ourselves from that because we learned the hard way through apartheid and how the devastating effects of these policies can ruin a countries future for at least another century. So yeah, before you take it out of context. Don't forget the past.
Hopefully they don't steal the money