en.Wedoany.com Reported - The European Union has launched an investment roadshow in South Africa, with over 200 companies participating, seeking business opportunities linked to the EU's €12 billion investment commitment.

This week-long initiative aims to strengthen bilateral cooperation and expand the involvement of "Team Europe" in key strategic sectors. Against the backdrop of intensifying global competition for critical minerals, South Africa hopes investors will support higher-value mineral processing within the country before accessing critical minerals used in renewable energy, modern weapons, and artificial intelligence. China's restrictions on exports of strategic minerals have accelerated Western efforts to diversify supply chains through partnerships with Africa.

The EU and South Africa have finalized several major agreements, including a €600 million framework loan to the Development Bank of Southern Africa to support projects expected to generate 1,200 megawatts of renewable energy and reduce carbon emissions by 3.6 million tons. Additionally, state-owned freight and logistics company Transnet has secured a €1.48 billion financing facility to upgrade the country's port and railway infrastructure, marking the first disbursement under the broader EU-European Investment Bank Just Energy Transition commitment.

The EU remains South Africa's largest trade and investment partner, with bilateral trade reaching €46 billion in 2025. Over 1,700 European companies operate in the country, accounting for more than 40% of foreign direct investment.

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