Ghana and Germany have a long-standing and mutually beneficial relationship, dating back several decades. The two countries have recently pledged to strengthen their cooperation in various sectors, such as energy, climate, agriculture, education, and renewables. They also aim to improve intercultural exchanges, reduce illegal migration from Africa to Europe, and address the insecurity in West Africa and other current global issues.
The German Cooperation in Ghana and the EU have launched a joint action to tackle the challenges of jobs, migration, and development in Ghana, focusing on empowering the small and medium-sized enterprises (SMEs) that constitute the backbone of Ghana’s economy.
The Finance Minister of Ghana, Ken Ofori-Atta, has expressed his optimism that the collaboration with German businesses would foster job creation, innovation, and national development. He also envisions a future where the fusion of German technology and expertise with Ghanaian innovation and local knowledge would pave the way for sustainable and inclusive growth.
As the home of the African Continental Free Trade Area (AfCFTA) Secretariat, Ghana is strategically positioned to offer German firms a head start in reaching the broader African market. The Ghana Investment Promotion Centre is actively developing an Investment Code to attract both domestic and foreign strategic investments, signalling Ghana’s commitment to nurturing a favourable investment environment
