Africa wins the German economy

Africa wins the German economy in importance. Asked the continent is mainly because of its mineral wealth. China has long been recognized and shall invite DIHK chief Wansleben to n-tv on the federal government to "enforce German commodity interests" during their trip to Africa.

The German Industry and Commerce (DIHK) expects the trip to Africa of the German Federal Chancellor, the strict enforcement of commodity interests. "The question of raw materials can not be clarified with a visit. But I believe that it is very important that we make clear in Africa that we know how important Africa is to our common future," said the GCIC chief executive Martin Wansleben n-tv. "Gold, diamonds, oil, gas, rare earth - are basically all the resources that we desperately need," he said. "We depend on it."

"It hurt exclusive contracts in favor of African governments not only Chinese partner of the German economy," said Wansleben also the "passers Neue Presse". Such agreements would lead to the strong dependence of states of a single buyer who can then dictate the terms. A benefit for the local population was guaranteed only through responsible investors. "German companies in Africa, it also tells a reputation for quality to combine with high environmental and social standards," said GCIC CEO.

EUR/ZAR Exchange Table
EUR/ZAR Graph Chart 
EUR/ZAR Performance 
EUR/ZAR Appreciation 
EUR/ZAR Depreciation 
EUR/ZAR Investment Calculator 
EUR/ZAR Metal Prices 

Competition is increasing

Wansleben is sure "that the German Federal Government has formulated a good strategy for Africa". In addition, she was "in a convenient time possible." The competitive situation in our neighboring continent rapidly gains momentum, said Wansleben the Journal. Not only Asians, but also Russia, Brazil and Australia would push for the African market. "At the same time, demand for technology" Made in Germany 'on the part of African partners. "

Chancellor Angela Merkel began on Monday, the second major trip to Africa of her reign. The focus of the talks in Kenya, Angola and Nigeria are economic issues, particularly energy issues. They wanted to deepen its energy partnership with the oil country of Nigeria, the Chancellor announced in advance of travel. In Kenya, she wanted to talk about the increased use of renewable energies. And with the resource-rich Angola closer cooperation in energy and commodities will also be sought.