“The Compact with Africa, which was created in 2017 under the German G20 presidency, aims to bring together reform-minded African countries, international organizations and bilateral partners to coordinate development agendas and discuss investment opportunities.” “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.” “German government officials say Africa can play a key role in helping Germany better diversify its supply chains, secure skilled labour, reduce illegal migration and achieve its green transition. African countries have long complained that while Europe talks about investment, China actually provides financing without any moral lecturing. Still, Chinese lending in Africa is in decline, while European interest is rising as it seeks to diversify supply chains.” #Opportunities #Innovation #PartnershipDevelopment CARE CARE Nederland Partos Ministerie van Economische Zaken en Klimaat Ministerie van Buitenlandse Zaken SDG Nederland Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH European Commission African Union UNCTAD
