France, March 14 -- European Commission President Ursula von der Leyen has announced a €4.7 billion investment package for South Africa, on her visit to the country for the EU-South Africa summit, with the country's President Ramaphosa welcoming consolidated cooperation.

Von der Leyen was in Cape Town on Thursday alongside other European leaders to take part in the eighth EU-South Africa summit.

TheEuropean Commissionpresident said the Global Gateway investment package was intended to support a just energy transition, vaccine manufacturing and digital and physical connectivity.

The summit aims to enhance bilateral cooperation,including in the economy, trade and investment relations and security and defence.South Africais the EU's...