African Union (AU) Commission Chairperson Moussa Faki Mahamat on Tuesday called on the world’s largest economies to do more to promote private investments in the African continent.
Speaking at the Compact with Africa conference in Berlin, Mahamat underlined that recent economic and political reforms by African countries have increased foreign investments, but are well below the estimates.
“These investments have not fully fulfilled our expectations….nor are they a full exploitation of the potential this continent has to offer,” he said.
Mahamat proposed more African countries should be included to the Germany-led Compact with Africa initiative.
“We are talking about