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Tinubu, Scholz, Others Brainstorm On Africa’s Development

November 20, 2023
in Africa
Tinubu, Scholz, Others Brainstorm On Africa’s Development
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The Compact with Africa Summit hosted by German Chancellor Olaf Scholz is currently taking place today in Berlin.


The President of France, Dutch Prime Minister and President of the European Union Commission are among other world leaders that will attend this summit that seeks to Increase private investments from the G20 and German y in Africa.

ten African heads of state and government, and more than 30 ministers from across the continent will be meeting on the sidelines with big business corporations interested in investing and also financing critical infrastructure in Africa.

 

President Tinubu will join the German Chancellor and some African leaders on a panel discussion to talk about the role of Germany in fostering local value chains and investments in Africa.

 

President Tinubu later join other Heads of State and Government of CwA member countries, bilateral partners, as well as Heads of International Organizations to deliberate on the enhancement of economic and business cooperation with a view to outlining concrete measures to boost investments in critical areas such as energy, trade, infrastructure, and new technologies, among others.

 

Nigeria’s President is also expected to Leverage on the opportunity presented by the Fourth G20 Investment Summit, to follow up on productive meetings previously conducted with high-ranking representatives from German business organizations who were part of the official delegation of the German Chancellor to Nigeria.

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