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Merkel, Rwanda’s Kagame, South Africa’s Ramaphosa address “Compact with Africa” conference
Initiated under the German G20 Presidency, the G20 Compact with Africa (CwA) was intended to promote private investment in Africa. The 2018 conference under the patronage of Chancellor Angela Merkel takes place in Berlin.
The G20 Investment Summit brings together German businesses and CwA countries to explore investment opportunities under the framework of the G20 Partnership with Africa.
During the event, German investors will present flagship projects currently undertaken in the CwA countries and explore further opportunities on the African Continent.
The G20 Compact with Africa was initiated under the German G20 Presidency to promote investment in Africa.
Its primary objective is to increase attractiveness for private investment through substantial improvements of the macro, business, and financing frameworks.
It brings together reform-minded African countries, international organizations, and bilateral partners from G20 and beyond to coordinate country-specific reform agendas, support respective policy measures and advertise investment opportunities to private investors.
The initiative is demand-driven and open to all African countries. So far, 11 African countries have joined: Benin, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, Morocco, Rwanda, Senegal, Togo, and Tunisia.
