EU Removes South Africa From High-Risk List, Amid US Trade Uncertainty | Firstpost Africa
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South Africa has received a major economic boost after the European Union confirmed it will be removed from its list of “high-risk third country jurisdictions.” The move follows Pretoria’s exit from the FATF grey list and signals growing confidence in reforms to combat money laundering and terrorist financing. Being delisted is expected to ease trade, payments and investment flows with EU nations. The decision comes at a critical time as South Africa faces US trade tensions, new tariffs, and uncertainty around AGOA. While challenges remain, the EU’s recognition marks a positive step forward for Africa’s most industrialised economy.
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