The German G20 Presidency puts the spotlight on Africa’s economic development. In its ´Compact with Africa´, the German G20 Presidency, jointly with the African partners, wants to encourage institutional investment by pension funds and life insurers in infrastructure to encourage corporate direct investment. The objective of the “Compact with Africa” is to boost growth and jobs, promote inclusion and give people economic opportunities at home so that they do not have to leave their home country to seek subsistence elsewhere.
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Compact with Africa: Fostering Private Long-Term Investment
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Ist die europäische Entwicklungszusammenarbeit den globalen Herausforderungen gewachsen?
Investitionen Grundvoraussetzung für Wachstum. Die europäische Entwicklungszusammenarbeit ist nur eine Akteurin, die es mit globalen Herausforderungen aufnimmt. Sie spielt allerdings eine entscheidende Rolle auf dem internationalen Parkett. So ist sie nicht nur größter Geldgeber globaler Entwicklungshilfe.
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Infrastructure Investment in Africa: How the G20 can help Africa50 Succeed
Missing infrastructure limits development One of Germany’s goals under its G20 Presidency is to achieve sustainable economic progress in Africa, particularly through infrastructure investment. A concrete, actionable deliverable could be for the G20 to help support Africa50 – a new Africa-owned and led infrastructure investment initiative – get off the ground.
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Who does DG Trade think it is?
Africa is being blackmailed The next EU-Africa summit is due to take place in Abidjan in November. This requires a vision of peaceful, legal partnership with and for each other. This can only be the creation of self-supporting economic development in Africa. Although development cooperation has a catalytic function here, private investments are decisive. In this case, it is advisable to ask oneself the following: which elements of mutual interest can and should we change? The EU’s Economic Partnership Agreements with African countries and country groups should be named in this context as an example.
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The world of official data and statistics: not yet dead!
Data and statistics; not yet dead Recently, it has become popular to question the relevance of “statistics” to make sense of the evolving nature of today’s world. A recent article in the Guardian claimed that “rather than diffusing controversy and polarisation, it seems as if statistics are actually stoking them”. The credibility of “official statistics” on GDP, poverty or migration flows gets questioned as they seem to not be in line with what citizens experience in their daily lives. Nor do they seem able to capture how large parts of the population “feel” about societal developments.