Linda Thomas-Greenfield, senior counselor at Albright Stonebridge Group in Washington, DC, tells DW that selling natural resources to the world is not enough for Africa to develop. Investors are welcome.
Investigative journalists have found the World Bank is still heavily investing in fossil fuel projects. DW's Fanny Facsar reports from Lagos where the lender granted loans to what's going to be the largest oil refinery.
The German development minister has warned African businesses against taking out loans from China. At the same time, the German Finance Ministry is hoping Beijing will be using more financial services from overseas.
Rampant graft afflicting the mining industry has led to a massive loss of public revenue in many countries. A new report shines a light on the risks of corruption occurring at the very start of the mining process.
Thanks to her migration policy, German Chancellor Angela Merkel is a popular figure in Africa. But her tour to Senegal, Ghana and Nigeria was primarily for her voters back home, says Claus Stäcker.
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