'The perspective on Africa is one of exaggerated political, policy and economic risks: politically unstable, corrupt... deters German investors, particularly those in SMEs, who are more risk-averse,' said Serwah Prempeh.
'Most of them saw few opportunities for themselves on the African markets,' said former Chancellor Angela Merkel on the challenges of investing in Africa.
Overall, however, Germany has hardly been politically and economically active in Africa in recent decades, according to APRI's analysis of foreign direct investment data.
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