Germany hosts African leaders for business summit

German Chancellor Angela Merkel is meeting a dozen of African leaders in Berlin for a business summit. The meeting which is focusing on helping Africa boost business investment domestically is part of the Compact for Africa Conference. The G20 Compact with Africa (CwA) was initiated under the German G20 Presidency to promote private investment in Africa, including in the area of infrastructure. The CwA’s primary objective is to increase attractiveness of private investment through substantial improvements of the macro, business and financing frameworks. The initiative is demand-driven and open to all…

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