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Friday, 18 December 2015

What does Germany have to offer the African continent?

Recent years has seen ample discussion of the growing trade and economic relationship of China with numerous African nations. Accordingly, this has led to debate surrounding the USA’s ongoing status as a trade leader on the African continent; and how this may change with China’s rise. Yet, thus far there has been little in-depth coverage of the capacity for growth in trade and political links with African nations and Germany, and the EU more broadly. All signs show this will change fast. Germany offers the African continent an array of advantages.  While ongoing challenges remain with Greece and the Euro, domestically Germany has enjoyed a long and sustained period of economic growth in recent years, and this has largely occurred alongside Chancellor Angela Merkel’s record ten-year tenure as Germany’s leader. Stability in a nation’s politics generally encourages confidence in its economics. Further, eurozone crisis has shown Berlin’s leadership in maintaining a (relative) cohesion in the EU, and increasingly viewed as the de-facto leading nation of Europe.

Source: Africa Times