Stay updated with breaking news from Germans emmy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The exchange rates tend to be fairly stable so the question is why haven t german companies already discovered africa for themselves at present only one point eight percent of our exports go to africa now the second largest. country receiving exports from germany in africa is nigeria which is africa s largest economy it has two hundred million inhabitants eager to grow their economy yet in terms of german s exports that is only the sixty eight export ranking now chinese companies have dramatically increase their foothold on the african country and looking at their massive projects projects the chinese have been putting up are germans too late to the party no i think the party is only just about to begin chinese companies have traditionally been state supported and been engaged in large scale infrastructure projects they re not the competitors of german s. ....