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EU announced billion Dollar investment package for SA  

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The European Union (EU) has announced a 5.1-billion-dollar investment package for South Africa (SA) through the The Global Gateway Investment Package, an EU initiative to encourage clean energy and secure links in the digital, energy and transport sectors.

The announcement was made at the eighth South Africa and EU summit, held  in Cape Town, SA, to boost diplomatic ties and trade. The summit took place as both SA and the EU face increased uncertainty and protectionism as a result of geopolitical instability and trade wars.

For more on this Thami Ngubeni spoke to Dr Sizo Nkala, Research Fellow at the Centre for Africa-China Studies, University of Johannesburg, SA.

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