EU & South Africa Forge Mineral Partnership

Markets & Money Today | 2 Min News | The Daily News Now! - Een podcast door The Daily News Now! - Vrijdagen

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South African President Cyril Ramaphosa and European Union leaders Ursula von der Leyen and António Costa forged a new partnership, focusing on critical minerals for green energy, digital technology, and defense. The agreement aims to boost South Africas economy through local processing and job creation, while the EU seeks to diversify its mineral supply. The EU also announced three major projects, investing €350 million in South Africas transport and energy infrastructure, with a focus on reducing carbon emissions. This marks a shift from traditional donor-recipient relationships, signaling a new era of Africa-Europe cooperation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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