Merkel pledges billion-euro fund for investments in Africa



The creation of the fund, announced during an investment forum in Berlin, is aimed at getting small and medium-sized companies to grow their presence in Africa.


German Chancellor Angela Merkel addresses delegates at the G20 Summit. Picture: @PresidencyZA/Twitter.

BERLIN – Chancellor Angela Merkel on Tuesday pledged a billion euros to incite businesses to invest in Africa, as she urged the private sector to take a closer look at the continent’s “huge” economic opportunities.

The creation of the fund, announced during an investment forum in Berlin, is aimed at getting…

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