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G20 led summit for Africa highlights renewed interest

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G20 led summit for Africa highlights renewed interest

Leaders from more than a dozen African countries are heading to Germany for the G20 Compact with Africa conference, which aims to help bolster private investment in the world's poorest, but fast-growing, continent.

Axar.az reports that underscoring renewed interest in Africa, European Commission President Ursula von der Leyen, French President Emmanuel Macron, and Dutch Prime Minister Mark Rutte will be among those attending the summit in Berlin, hosted by German Chancellor Olaf Scholz, according to German government officials.

Scholz, who has visited Africa several times since taking office in late 2021, will hold bilateral talks with several African countries on Sunday, before hosting a German-African investment summit at Berlin's Marriott Hotel on Monday morning.

Europe and the United States are jostling with Russia and China for geopolitical influence, critical minerals, and new economic opportunities in the world's second most populous continent.

Date
2023.11.19 / 09:50
Author
Axar.az
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