President Cyril Ramaphosa will travel to Germany today (Wednesday) to attend a G20 Compact with Africa (CwA) meeting in Berlin on August 26 and 27.

Mr Ramaphosa was invited by Chancellor Angela Merkel.

The G20 Compact with Africa (CwA) was initiated under the G20 German Presidency in 2017 to promote private investment in Africa.

Currently, 12 African countries have joined the initiative, including Benin, Burkina Faso, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, Morocco, Rwanda, Senegal, Togo, and Tunisia.

South Africa, which is a member of the G20, co-chairs the initiative alongside Germany.

The Berlin meetings will include a G20 Investment Summit and “a separate meeting of heads of state and heads of government,” where discussions will take place on ways to improve the business environment and increase investment in Africa.

A statement from the South African Presidency added that the conference would also discuss vaccine production in Africa, “which is key to enabling African countries to build back stronger, faster, and more inclusively, and ensuring that the post-pandemic African economies become more resilient and equitable.”

Mr Ramaphosa will have a meeting with Ms Merkel to discuss bilateral and regional issues.