Ethiopia’s Prime Minister Abiy Ahmed met with German Chancellor Olaf Scholz over areas of bilateral cooperation, and regional issues.
Abiy and Scholz met ahead of the fifth G20 Compact With Africa Investment Summit that kicked off in Berlin on Monday afternoon.
The two sides – in their second meeting this year – conferred on areas of bilateral cooperation, and domestic and regional issues, per the PM office.
Abiy also described his discussions with Scholz as “constructive”, stating it was aimed to “further strengthen” the political and economic ties between our two countries.
“We agreed to expand cooperation in clean energy, FDI, fertilizer production, and regional security issues,” Abiy said. “Ethiopia and Germany enjoy close cooperation on matters of climate change, energy, education, regional peace and security.”
The G20 Compact with Africa (CwA) brought together African leaders of member states, G20 and other partners in Berlin as Chancellor Scholz seeks to boost investment on the continent, especially in the critical minerals and green energy sectors.
Today, Chancellor Scholz said his country will support the joint Africa-EU Green Energy Initiative with 4 billion euros by 2030.
“Our clear message to the Compact with Africa countries: Produce green hydrogen – and you will have reliable customers in us,” he said.
The CwA was launched by Germany in 2017 during its G20 presidency to promote private investment in Africa with member states of the program.
These countries are Benin, Burkina Faso, Ivory Coast, the Democratic Republic of Congo, Egypt, Ethiopia, Ghana, Guinea, Morocco, Rwanda, Senegal, Togo, and Tunisia.
This year’s summit plans to increase member states apart from boosting G20-African ties.
Source: Link to the Post