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Germany to Boost Aid for African Deals in Move Against China

Robert Habeck 

Robert Habeck 

Photographer: Maja Hitij/Getty Images

Germany is set to increase its state guarantees for business investments in African countries, a move aimed at diversifying trade relations and to make it more independent from China.

“There will be additional incentives to invest in regions like sub-Saharan Africa where we want more German investments and more German trade,” Economy Minister Robert Habeck said opening a German-African business conference in Johannesburg on Wednesday.