The European Union, led by Ursula von der Leyen, has unveiled a significant investment plan for South Africa during a summit with European Council President Antonio Costa and South African President Cyril Ramaphosa in Cape Town. The EU intends to inject 4.7 billion euros into the South African economy, with a major focus on clean energy projects and the production of clean hydrogen. Additionally, 700 million euros will be directed towards boosting vaccine manufacturing in South Africa. Von der Leyen emphasized the importance of mutual cooperation to enhance supply chains, create local jobs, and uphold high standards in labor and the environment. This investment is set to strengthen the economic ties between the EU and South Africa, as the two entities navigate through policy shifts and trade disputes instigated by the United States. The EU aims to diversify critical supply chains while supporting South Africa's aspirations for health security and industrial autonomy. The investment package not only addresses economic development but also signifies a strategic move to counter the influence of the US in the region. South Africa, as the EU's largest trading partner in sub-Saharan Africa, stands to benefit from this substantial influx of funds, enhancing its renewable energy capabilities and vaccine production capacity.