During a summit in Cape Town, EU Chief Ursula von der Leyen unveiled a plan to invest 4.7 billion euros in South Africa. The majority of this investment, 4.4 billion euros, will be directed towards clean energy projects, specifically focusing on wind, solar, and clean hydrogen production. The EU aims to collaborate with South Africa to bolster supply chains and promote local job creation while adhering to stringent environmental and labor regulations. Additionally, 700 million euros will be allocated to scaling up vaccine manufacturing in South Africa. The investment is part of an effort to fortify the economic relationship between the EU and South Africa, as the former looks to increase its influence in the region. By emphasizing mutual interests and a commitment to local industries, both parties seek to navigate the challenges posed by recent policy changes in the United States, including trade tensions and tariffs. South Africa, as the EU's largest trading partner in sub-Saharan Africa, plays a crucial role in this economic partnership, with both sides aiming for a more balanced and mutually beneficial trade relationship.