German Chancellor Olaf Scholz on Monday will host a meeting of African and G20 nations in Berlin.
The gathering is part of the Compact with Africa (CwA) initiative established during Germany's 2017 presidency of the G20.
The CwA aims to generate additional private investment in the African nations to boost their economies.
German Vice-Chancellor and Economy Minister Robert Habeck will also attend Monday's summit, along with EU Commission President Ursula von der Leyen, French President Emmanuel Macron, ten African heads of state and government, and more than 30 ministers from across the continent.
"Interest in the Compact with Africa has grown steadily," said Heiko Schwiderowski, Africa specialist at the Association of German Chambers of Industry and Commerce, known by its German abbreviation DIHK.
Schwiderowski emphasized that the investment conference with 800 delegates is being billed as the largest business conference that has ever taken place on German soil.
Germany's business and political leaders are sending out a very important signal, according to Schwiderowski, who said that working to expand economic relations is a worthwhile endeavour.
Some 13 African countries have so far joined the initiative: Benin, Burkina Faso, Ivory Coast, the Democratic Republic of Congo, Egypt, Ethiopia, Ghana, Guinea, Morocco, Rwanda, Senegal, Togo and Tunisia. As one of Africa's largest economies, South Africa holds the co-chairmanship.
Other countries, such as Angola, Zambia, Nigeria and Kenya, are attending the Berlin conference as guests.
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.