Analysis - Africa has become a strategic and economic attraction point for Germany. Europe's biggest economy wants to build stronger ties and Olaf Scholz's visit to Ghana and Nigeria sought to do just that.
German Chancellor Olaf Scholz met with Nigerian President Bola Tinubu to discuss trade and investment opportunities during a West Africa tour, as the European country looks to diversify its trade partners and expand economic partnerships in the energy-rich region.
He said that among these opportunities were"gas and oil, which traditionally linked to your country." Some analysts consider Germany the leading supporter of the African Union and its activities. One reason for that is the work of the German Agency for International Cooperation , which has several economic programs in place across the African continent.African Affairs analyst Emmanuel Bensah told DW that Scholz's visit would solidify investments and enable Germany to hold onto this kind of influence in Africa.
"No country in the global North would go and dump their money in South because investment follows stability and then it follows interest. It follows gains because if you don't have any gains or returns on investment, if the returns on investment were not there, you shouldn't go there," Ejime said.
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