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.
Non of that money will go to improving things there.
Why do you say so?
South Africa is still a racist hellhole.
South African Whites are some of the most greedy, entitled, cloistered people on the planet. None of the money will improve the situation in South Africa because South African Whites who already have too much will argue that they need even more before the black people they’re oppressing.
It’s a cultural problem that they don’t care to change, so it doesn’t change.