Germany updates: Merz seeks to win over investment – DW – 07/21/2025
Chancellor Friedrich Merz is welcoming executives from top German firms on Monday, hoping to rally fresh investment after two years of recession.
Around 30 companies — including big hitters like Siemens and Deutsche Bank — are expected to present projects under the "Made for Germany" push to restore confidence in the economy.
While the government has approved billions in tax relief and a €500-billion ($580 billion) fund for infrastructure and climate, Berlin says public money alone won't be enough. from the DW newsroom, overlooking the Rhine River in Bonn — the former capital of West Germany.
You join us as Chancellor Friedrich Merz gets ready to woo some of Germany's biggest business bosses to help get the sluggish economy back on its feet.
Top names like Siemens and Deutsche Bank are expected talks in Berlin, along with more than a dozen other DAX-listed giants.
About 30 firms are set to join what's being billed as a major push to rebuild investor confidence in the country's economic future.
Merz is under pressure after two back-to-back years of recession and little sign that 2025 will turn things around.
Follow along for the latest on what Germany is talking about on Monday, July 21.
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The Sahel region stretches from the Sahara Desert in the north to the savannas in the south, encompassing several countries, including Mali, Niger, Burkina Faso, Mauritania and Chad. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Antoine Glaser is a French journalist and former director of Paris-based magazine — a leading publication focused on Africa with editions in English and French. He said French companies with operations in the region enjoyed "preferential treatment," especially during the Cold War era due to the Francafrique policy. "They thought they were at home in Africa," he told DW, and ignored more recent realities such as the fact that Africa has "gone global and France didn't see China coming." One such stark reality, he added, is Chinese companies now have a 25% market share in French-speaking Africa, while France's share has tumbled to "between 6% and 7%." Moreover, French multinational nuclear fuel cycle corporation Orano announced last September that it would suspend production at its Arlit uranium mine in northern Niger due to financial difficulties faced by its Nigerien subsidiary, Somair. The decision came as border closures between Niger and Benin, triggered by the July 2023 coup, had blocked all uranium exports, Orano said in a statement, adding: "In spite of efforts to find alternative possibilities to export the uranium produced by Somair and to relaunch commercial activities, all the proposals made to the Nigerien authorities have remained unanswered." In June 2024, Orano also lost its mining license for the Imouraren uranium deposit due to a decision by the military government, which revoked the license following a period of tensions and ultimatum. Situated about 160 kilometers (100 miles) from Agadez — the largest town in central Niger — the Imouraren mine holds one of the world's largest uranium deposits. Mining was launched by French nuclear group Areva, rebranded as Orano in 2018, which mothballed the mine in 2015 due to unfavorable market conditions. Since then, tensions have illustrated the fragility of a system in which military and diplomatic presence supported economic interests. Beyond the uranium sector, France's whole model of influence is being destabilized, affecting sectors like infrastructure, telecommunication, energy and public works — all symbols of France's presence that are now being regularly challenged. In February 2023, French President Emmanuel Macron presented a new strategy, entitled "Our Future The Africa-France Partnership," and offering new forms of partnerships. Unveiled by Macron ahead of his tour of Central Africa, the strategy advocates abandoning old paradigms and puts a new emphasis on economic and trade relations rather than focusing on security issues. The central idea of this new model is based on a transition from "a logic of aid to a logic of solidarity investments and partnerships," and is meant to be a "symbiotic relationship" beneficial to all parties. What France used to consider as its "backyard" for a long time is disappearing amid wider change in the Sahel region. In addition, Africa as a whole is no longer France's exclusive business playground. Countries like Turkey, Russia, China and even Germany are advancing their positions, forcing French companies to readjust their business policy if they are to survive in an increasingly competitive environment. A French corporate consultant, speaking on condition of anonymity, told DW that in Mali, Burkina Faso and Niger, the real French presence was "already marginal before recent tensions" with their colonial motherland. In the mining industry, he said, the main players are now often from Australia or Canada, like Toronto-based mining giant Barrick Mining Corporation. 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But this means accepting new, often opaque conditions, and managing a context of risks [such as] political instability, terrorism and legal uncertainties," he told DW. While withdrawal seems inevitable for some French multinational corporations, others are still betting on rebalancing their business strategies. According to a report in the offshore industry magazine , energy giant TotalEnergies, for example, is trying to find a new footing in English- and Portuguese-speaking countries, including Kenya, South Africa, Namibia and Angola. But competition there is fierce, and France can no longer rely on a historical advantage in these countries. Even more so as questions of legitimacy and social responsibility also play an increasing role, said Amaizo. "The real question is one of mentality. If companies want to remain credible, they must prove that they are co-constructing locally and sharing the benefits, rather than going it alone with the resources." With the era of the Francafrique special relationship between France and its former African colonies now coming to an end, there are signs that French multinationals are trying to transform themselves, too, by collaborating more strongly with local partners or moving operations elsewhere in Africa. No matter what they do or where they go, legitimacy remains their main capital and must be regained.
