{"id":24020,"date":"2023-11-21T16:48:24","date_gmt":"2023-11-21T16:48:24","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa"},"modified":"2023-11-21T17:34:06","modified_gmt":"2023-11-21T17:34:06","slug":"germany-pledges-to-invest-in-green-energy-projects-in-africa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa","title":{"rendered":"Germany pledges to invest in green energy projects in Africa"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030.<\/b><\/p>\n

Scholz discussed the pledge at a news conference on the G20 Compact with Africa summit taking place in Berlin. He did not mention any specific projects but said the materials used in green energy should be processed in the African nations they come from.<\/p>\n

\u201cThis creates jobs and prosperity in these countries,\u201d Scholz said. \u201cAnd the German industry gets reliable suppliers.\u201d<\/p>\n

Compact with Africa is based on an initiative launched by Germany during its chairmanship of the Group of 20 leading rich and developing nations. It aims to improve the economic conditions in the participating countries in order to make them more attractive for foreign private investment.<\/p>\n

Scholz said Germany should become a long-term and reliable partner to countries in Africa.<\/p>\n

\u201cAfrica is our partner of choice when it comes to intensifying our economic relations and moving toward a climate-neutral future together,\u201d he said.<\/p>\n

The Compact with Africa countries include Egypt, Ethiopia, Benin, Burkina Faso, Ivory Coast, Ghana, Guinea, the Democratic Republic of Congo, Morocco, Rwanda, Senegal, Togo and Tunisia, according to German news agency dpa.<\/p>\n

Asked about China’s strong presence in Africa, several African leaders said the continent was open to other partnerships.<\/p>\n

\u201cPerhaps China was more audacious, perhaps they have more vision and perhaps they trusted the potential in Africa,\u201d Moussa Faki, the chairperson of the African Union Commission, said.<\/p>\n

\u201cThe African continent is open to different partnerships,\u201d he added. \u201cOur wish is for you to place your trust in us, to impose less conditions and to create the conditions together. …<\/p>\n

\u201cImproving governance, that\u2019s our responsibility, and therefore this shared vision could allow, I\u2019m certain of it, for a large capital that could be invested in the continent,\u201d Faki said.<\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030. Scholz discussed the pledge at a news conference on the G20 Compact with Africa summit taking place in Berlin. He did not mention any specific projects but said the materials used in green […]<\/p>\n","protected":false},"author":84,"featured_media":24019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[247,242,243,233,3614,689,520],"class_list":["post-24020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa","tag-africa-press","tag-africa-press-eritrea","tag-eritrea","tag-foreign-investment","tag-germany","tag-green-energy"],"yoast_head":"\nGermany pledges to invest in green energy projects in Africa - Eritrea<\/title>\n<meta name=\"description\" content=\"The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany pledges to invest in green energy projects in Africa\" \/>\n<meta property=\"og:description\" content=\"The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-21T16:48:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-21T17:34:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1700575015.536321.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"538\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Germany pledges to invest in green energy projects in Africa\",\"datePublished\":\"2023-11-21T16:48:24+00:00\",\"dateModified\":\"2023-11-21T17:34:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa\"},\"wordCount\":322,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1700575015.536321.jpg\",\"keywords\":[\"Africa\",\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\",\"Foreign Investment\",\"Germany\",\"Green energy\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/germany-pledges-to-invest-in-green-energy-projects-in-africa\",\"name\":\"Germany pledges to invest in green energy projects in Africa - 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