German Chancellor Angela Merkel on Monday held talks with African leaders, calling on world economic powers to increase investment in Africa.

Merkel said the world will not develop well “unless all continents of the world take part in it,” adding international community can hold “talks with Africa,” in stead of “talks about Africa.”

The chancellor hosted several African leaders in Berlin, including heads of Egypt, Ghana, Cote d’Ivoire, Mali, Niger, Rwanda, Senegal and Tunisia, as well as officials from the World Bank, IMF and African Union, aiming to boost business cooperation in the region.

The two-day meeting, themed “Compact with Africa”, will mainly focus on work to increase sustainable private sector investment, as well as improve infrastructure and tackle unemployment.

It will also serve as a preparation for the upcoming G20 summit in Hamburg, where African development will be one of the major issues.

Germany has pledged around 300 million euros investment to Africa countries, but the aid is only for those “reform-oriented countries” and will “take the same road with Germany against corruption, for transparency and implementing human rights.”

The financial support was also targeted at curbing the influx of migrants into Germany.

According to statistics, Germany has taken in more than a million asylum seekers since 2015. Enditem

Source: Xinhua/NewsGhana.com.gh