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South Africa: EU plans to mobilize billions for energy transition.

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Published: March 13th, 2025,
Last updated: May 28th, 2025

EU Council President António Costa, South African President Cyril Ramaphosa and EU Commission President Ursula von der Leyen at the EU-South Africa Summit in Cape Town.

The EU Commission wants to support South Africa with an investment package of EUR 4.7 billion as part of its Global Gateway program. The funds are to flow primarily into the energy transition in South Africa (EUR 4.4 billion), as EU Commission President Ursula von der Leyen announced on Thursday at the EU-South Africa Summit in Cape Town.

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global gateway EU foreign policy Energy transition