European countries give South Africa R1.06 billion for new projects

So obviously some sort of wide European sponsorship of anything SA going on.
 
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The European Commission is broke. They do not have enough money to keep the lights on in European countries. Open border, poverty on the rise, runaway crime..... They do not have a single Euro to give to South Africa.

Just like the past 20 years, a lot of "announcements" are made, but no actual money is coming to South Africa. No investments happening.

This is just far left propaganda and I am almost willing to bet all my money on the fact that the communist leaders in the European Commission skims 95% of this money, while giving 5% to the communist leaders locally.
 
The Hydrogen investment is a good deal for them, sures up their green initiatives before China can corner the market further, so this isn't an altruistic endeavour it's strategic. There'll be more such "grants" posing as financial facilities that is basically just keeping their access open.
 
The Hydrogen investment is a good deal for them, sures up their green initiatives before China can corner the market further, so this isn't an altruistic endeavour it's strategic. There'll be more such "grants" posing as financial facilities that is basically just keeping their access open.
Yeah, plonking down an industrial chemical plant in an environmentally sensitive area is great.

The purpose of this colossal solar park is to produce green hydrogen and turn it into Electro-Sustainable Aviation Fuel (eSAF) – for export – to “decarbonise air travel” in Europe. The hydrogen and eSAF plant itself will cover 73 hectares and will include electrolyser blocks, Fischer-Tropsch and carbon-capture units, pressurised hydrogen and CO₂ storage, bulk fuel and eSAF storage, gas flares, and a dedicated on-site fire station. There is also still the matter of a “third-party biomass boiler”, about which the scoping report provides no meaningful information. It will need to truck in and burn around a thousand tonnes of dry woodchips or agricultural waste a day to sustain the plant’s operations. The scoping report lists fires, explosions and asphyxiant releases among the risks of infrastructure failure, and notes that the chemical-handling side is likely to trigger classification as a Major Hazard Installation (MHI). The plant is also expected to require an Atmospheric Emissions Licence. The Battery Energy Storage System will stretch over roughly 8 hectares – or about eleven rugby fields. The Phelan Green Group’s proposed project in Hopefield, in other words, is a mega-industrial energy complex.

https://www.politicsweb.co.za/news/hopefield-how-the-mega-industrial-complex-came-to-town

I don't have a problem with industrial development, but put the damn thing in an existing industrial zone.

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Yeah, plonking down an industrial chemical plant in an environmentally sensitive area is great.



https://www.politicsweb.co.za/news/hopefield-how-the-mega-industrial-complex-came-to-town

I don't have a problem with industrial development, but put the damn thing in an existing industrial zone.

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Agreed, but it's not in their backyard so why would the oh-so environmentally minded Europeans care. Anyway think about the jobs the investment will create lol
 
Im surprised we get loans given our high levels of corruption and incompetence....
 
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