About the Compact with Africa
The G20 Compact with Africa (CwA) was initiated under the German G20 Presidency to promote private investment in Africa, including in infrastructure. The CwA’s primary objective is to increase attractiveness of private investment through substantial improvements of the macro, business and financing frameworks. It brings together reform-minded African countries, international organizations and bilateral partners from G20 and beyond to coordinate country-specific reform agendas, support respective policy measures and advertise investment opportunities to private investors. The initiative is demand-driven and open to all African countries. Since its launch in 2017, the CwA has sparked great interest. So far, twelve African countries have joined the initiative: Benin, Burkina Faso, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, Morocco, Rwanda, Senegal, Togo and Tunisia.
G20 Leaders' Declaration, Hamburg, 7/8 July 2017
Joining Forces 2017 | ||
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"I would also like to thank the G-20 under the leadership of Germany for this innovative initiative of emphasizing the private sector. Innovative because, in the past our cooperation has been mainly focused on the public sector, and it is high time that the private sector takes center stage…We in Rwanda have seen our long‑term development through the eyes of private sector development…The Compact with Africa comes at the right time, as many African countries have been reforming the environment to make it more conducive to private investment." Claver Gatete, Minister of Finance and Economic Planning, Rwanda |
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“We see the CWA as a long-term, demand-driven process. It is open to all African countries that are interested in improving their investment environment on a sustainable basis. The decision-makers are the African countries: They will determine what they want to do to improve conditions for private investment, with whom they want to cooperate, and in what form.” Wolfgang Schäuble, German Federal Minister of Finance from 2009-2017 |
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“I want to commend the German government for making the Compact with Africa a G20 priority this year. This compact has the potential to mobilize investment and energize inclusive economic growth in Africa. The IMF greatly appreciates the support of the German government for our capacity-building efforts in Africa and we are very pleased to participate in this important initiative.” Christine Lagarde, Managing Director International Monetary Fund. |
Highlighted Documents
CWA Monitoring Report - June 2023
Chairs‘ Conclusions of the G20 Africa Advisory Group - December 2022
CWA Monitoring Report - November 2022
CWA Monitoring Report - November 2022 (French)
Chairs‘ Conclusions of the G20 Africa Advisory Group - May 2022
CWA Monitoring Report - May 2022
CWA Toolkit - May 2022 (Word Version)
CWA Toolkit - May 2022 (Spreadsheet Version)
CWA Monitoring Report - Oct 2021
Chairs‘ Conclusions of the G20 Africa Advisory Group - October 2021
Africa Advisory Group Meeting Chairs' Conclusion - April 2021
CWA Monitoring Report - April 2021
Fall 2020 CWA Private Sector Investment Report
Africa Advisory Group Meeting Chairs' Conclusion - October 2020
G20 CWA -Task Profiles of participating International Organisations
CWA Recent Trends in FDI and Cross-Border Investments and Independent Review by ACET
CWA WBG Implementation Plan - October 2019
Upcoming Events
Past Events
Africa Advisory Group (AAG)
Virtual Meeting
Washington D.C., USA
Africa Advisory Group (AAG)
Virtual Meeting
Washington D.C., USA
2020 Africa-France Summit
Bordeaux, France
SEMINAR: Investment Opportunities and Challenges in Sub Saharan Africa
Frankfurt, Germany
Compact with Africa High-Level Conference
Hosted by Chancellor Angela Merkel
Berlin, Germany
G20 Investment Summit 2019 – German Business and the CwA Countries
Hosted by Chancellor Angela Merkel
Berlin, Germany
Africa Investment Forum
Johannesburg, South Africa
Africa Advisory Group (AAG) Meeting
Washington DC, USA
G20 Compact Blended Finance Peer Learning Seminar
Abidjan, Côte d'Ivoire
Tokyo International Conference on African Development
Yokohama, Japan
Side-Event August 29, 2019:
G20 Compact with Africa Seminar
Yokohama, Japan
First Economic Forum Togo - European Union
Lome, Togo
SITIC AFRICA
Tuni, Tunisia
Tunisia Investment Forum (TIF 2019)
Tuni, Tunisia
Africa Advisory Group (AAG) Meeting
Washington DC, USA
German-African Business Summit
Accra, Ghana
Senegal Consultative Group Meeting
Paris, France
Business for Africa and the World Forum
Sharm El-Sheikh, Egypt
German-African Day on Green Technology
Berlin, Germany
German-African Agribusiness Forum
Berlin, Germany