Benign Economic Statecraft in the Making: the Case of German Approach towards Africa

<ns3:p>Background The emergence of a multipolar order and the growing potential of African states have captured the attention of German authorities. Through our examination of the policy frameworks directed towards Africa, we elucidate the fundamental motivations behind strategic considerations, which tackle the nexus of economic and security issues while striving to influence the architecture of global governance. Methods We have embedded our research at the intersection of foreign policy analysis (FPA) and the realistic stream of thought within the international political economy (IPE), focusing on economic statecraft in particular. Our novel approach unlocks the complexity of internal decision-making processes in German foreign policy towards Africa. Furthermore, we underscore the interconnectedness between foreign policy and globalisation through the synergistic transformationalist approach. In terms of the pragmatic implementation of economic statecraft, we have studied how harnessing global economic dynamics and presence in Africa may bolster the likelihood of achieving German strategic interests. Results The German approach highlights the importance of the foreign economic policy toolkit while transforming Africa's perception and image from being seen as 'requiring assistance' to one of 'chances and opportunities'. Consequently, the German government seeks to develop a framework that would enable German businesses to increase their investments in Africa, provide local employment opportunities, enhance indigenous industrial capabilities, and promote fair economic transformation within the region. Conclusions Germany seeks to maintain, safeguard, and strengthen the global order, recognising itself as a primary beneficiary. Therefore, key objectives are supposed to mitigate the impacts of de-globalisation and weaponisation of economic interdependencies. Cultivating and fostering collaboration with Africa, having in mind its untapped potential, determines the anticipated effectiveness of this approach. While peace and stability in Africa constitute essential preconditions, strategic orientation necessities economic initiatives that advance German interests: effective diversification and de-risking.</ns3:p>