This monitoring report informs the AAG meeting, which is held twice a year. The meeting comprises all the CwA countries’ representatives, CwA co-chairs Germany and South Africa, CwA partners, and G20 partners. The report describes the impact of the CwA Initiative on private investment, with updates on the macroeconomic outlook, foreign direct investment, trade, reforms, and entrepreneurship. The monitoring report also shares best practices in boosting private investment with other countries and existing or potential private sector investors.
The G20 Compact with Africa (CwA) was initiated under the German G20 Presidency to promote private investment in Africa, including in infrastructure. Launched in 2017, the CwA’s primary objective is to increase the 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. So far, 12 countries have joined. With the Africa Advisory Group (AAG) as a regular G20 working group, the CwA is firmly anchored in the G20 finance track. It is currently co-chaired by Germany and South Africa.
Read report Download report
