Germany wants a “Marshall Plan” to address the continent’s economic challenges of Africa.
The German Minister for Economic Cooperation and Development, Gerd Müller, revealed the initiative.
Briefing the African Development Bank Group leadership about the plan in Abidjan, Müller noted that Africa remains a continent of huge opportunities.
The continent, he said, would have to create 20 million jobs per year and expand training and education facilities for a growing population expected to reach 2 billion by 2050.
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The blueprint proposes a “new level” of equal cooperation between Africa and western countries in areas such as education, trade, business development and energy.
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