Scholz, who has visited Africa several times since taking office in late 2021, will hold bilateral talks with several African countries on Sunday, before hosting a German-African investment summit at Berlin's Marriott Hotel on Monday morning.
African countries have long complained that while Europe talks about investment, China actually provides financing without any moral lecturing.
Still, Chinese lending in Africa is in decline, while European interest is rising as it seeks to diversify supply chains.
Nearly two thirds of German companies want to expand their business in Africa, according to a study by KPMG and the German-African Business Association.
The member countries of the G20 Compact are Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo and Ethiopia.
Persons:
jostling, Scholz, Macron, Ursula von der Leyen, Emmanuel Macron, Mark Rutte, Olaf Scholz, Sarah Marsh, Andreas Rinke, Mike Harrison
Organizations:
Africa, Dutch, African Union, KPMG, African Business Association, Democratic, Thomson
Locations:
Berlin, Africa, Macron BERLIN, Germany, Berlin's, Europe, United States, Russia, China, Asia, Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo, Ethiopia