Germany Govt Pledges To Invest Green Energy Projects In Africa


The German government has pledged to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030.

According to Scholz, discussed the pledge at a news conference on the G20 Compact with Africa summit taking place in Berlin. He did not mention any specific projects but said the materials used in green energy should be processed in the African nations they come from.

He said: “This creates jobs and prosperity in these countries,” Scholz said. “And the German industry gets reliable suppliers.”

“Africa is our partner of choice when it comes to intensifying our economic relations and moving toward a climate-neutral future together,” he said.

The Compact with Africa countries include Egypt, Ethiopia, Benin, Burkina Faso, Ivory Coast, Ghana, Guinea, the Democratic Republic of Congo, Morocco, Rwanda, Senegal, Togo and Tunisia, according to German news agency dpa.

Asked about China’s strong presence in Africa, several African leaders said the continent was open to other partnerships.

“Perhaps China was more audacious, perhaps they have more vision and perhaps they trusted the potential in Africa,” Moussa Faki, the chairperson of the African Union Commission, said.

“The African continent is open to different partnerships,” he added. “Our wish is for you to place your trust in us, to impose less conditions and to create the conditions together. …

“Improving governance, that’s our responsibility, and therefore this shared vision could allow, I’m certain of it, for a large capital that could be invested in the continent,” Faki said.