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Germany hosts first German-African business summit

On the margins of the first German-African Business Summit, the German Federal Foreign Minister Frank-Walter Steinmeier met on September 8 with leaders of four African Regional Organizations; Southern African Development Community (SADC), African Union (AU), East African Community (EAC) and Economic Community of West African States (ECOWAS). They discussed German cooperation with regional organization in African, peace and security as well as migration issues.

In his keynote address Foreign Minister Steinmeier outlined the challenges and chances of Sub-Saharan Africa and encouraged the participating high ranking business representatives to invest and explore the chances of doing business in Africa.

The summit was held in Berlin from 7 to 8 September. It highlighted and recognized the African continent as a promising business partner and emerging market, rather than a development aid recipient. It was attended by high ranking officials including Sigmar Gebriel, Vice-Chancellor and Federal Minister for Economic Affairs and Energy, Dr. Gerd Muller, Federal Minister for Economic Cooperation and Development and John Dramani Mahama, President of the Republic of Ghana.

Following the Summit, Berlin is now hosting the 15th International Economic Forum on Africa in collaboration with the OECD and the African Union. The Forum’s main topic is “Africa Beyond 2015.”

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