Tag: Germany

Germany intends to replace 'Marshall Plan with Africa' with new strategy to keep Germany in race for Africa against China. BERLIN With a new strategy for the African continent, Germany is preparing to compete against China in search of energy, raw materials, and new markets. In the "Dark Continent," which is remembered for its poverty, the capital problem, drought, and never-ending domestic turmoil make Africa's struggle for industrialization difficult, but the rich mineral deposits and young population continue to attract the attention of developed countries. This increased interest in the continent also leads to an increase in competition between countries. It is noteworthy that Chinese, Turkish, Italian and Indian investments in African countries have increased in recent years, on t...