Merkel’s Africa envoy, Günter Nooke leads discussion on German investments in Africa

With German visibility and participation on the rise in Africa’s energy industry, the Germany-Africa Business Forum (GABF) will host its second Germany-Africa cooperation focused webinar series led by H.E. Günter Nooke

The webinar will be held on 23 September at 3PM CET.

In a press release Executive Chair of the Germany Africa Business Forum, Sebastian Wagner announced H.E. Günter Nooke as the front liner of the event. Günter Nooke is the personal Africa representative of the German Chancellor Angela Merkel.

“We are honoured to announce that H.E. Günter Nooke will spearhead our webinar. With his vast and unmatched knowledge in both the German and African markets, he will be able to bring many interesting aspects of the discussion,” said Sebastian Wagner.

The webinar will be moderated by Sebastian Wagner, and Presenter of Kaya FM’s prime time business show, Gugu Mfuphi.

The discussion will be centered on the topic: Investment and Trade for Africa’s Economic Development; panelists include, Chairman of the African Energy Chamber, NJ Ayuk, and Rene Awambeng of the African Export-Import Bank.

The webinar will highlight key efforts to mobilise German funding for African energy markets as a means to advance the German-African cooperation which can already be seen in Equatorial Guinea, Angola, South Africa, Nigeria, Egypt, Congo DRC,  Senegal and recently, through the expression of interest by German investors in the DRC’s Inga III Dam.

According to the release from the African Energy Chamber, German interest in Africa as an investment destination has continued to grow and hope to see a more diversified investment beyond energy and sales of German products to Africa.

While South Africa and Egypt have seen a huge part of German investment, Ghana, Nigeria, Tanzania, Congo DRC and Zambia are considered hotspots for potential investors from Germany. 

Projects in the financial services, climate change, energy poverty, health care, energy transition, manufacturing, retail and consumer goods have seen a huge increase. 

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