JOHANNESBERG, June 2 – The European Union has launched its first investment roadshow in South Africa, bringing together around 200 companies seeking opportunities linked to the bloc’s €12 billion ($14 billion) investment commitment to the country.
Held at the Johannesburg Stock Exchange, the event marks the first major effort to mobilise funding under the 2025 EU-South Africa Clean Trade and Investment Partnership.
The initiative comes as competition for critical minerals continues to grow globally. South Africa is seeking to increase local processing and manufacturing linked to its mineral resources rather than exporting raw materials.
Speaking at the event, Trade Minister Parks Tau said the country’s focus is on beneficiation, industrial development and expanding value-added production within South Africa.
The EU is looking to strengthen supply chains for minerals used in clean energy technologies, defence equipment and artificial intelligence. European officials said the bloc is working to diversify sources of critical minerals as part of broader efforts to reduce dependence on a limited number of suppliers.
Several investment agreements are already moving forward under the partnership. These include a €600 million framework loan to the Development Bank of Southern Africa, which is expected to support 1,200 megawatts of green energy capacity and help reduce carbon emissions.
In addition, a €1.48 billion financing facility for state-owned freight operator Transnet will support upgrades to South Africa’s rail and port infrastructure as part of the country’s energy transition plans.
The EU remains South Africa’s largest trade and investment partner, with bilateral trade reaching €46 billion in 2025. More than 1,700 European companies currently operate in the country and account for over 40% of foreign direct investment.
EU officials said the partnership reflects a growing focus on long-term investment, industrial development and stronger economic cooperation between both sides.