For this reason, Germany is working together with Ghana and other African Countries in the context of a reform partnership, based on the “Compact with Africa”. The purpose of the “Compact with Africa” is to achieve among others regulatory conditions in the reform partnership countries, in order to position them to become more attractive to international investors, especially investors from Germany and consequently create jobs for young Ghanaians.
Chancellor Merkel added that the Federal Ministry of Development Cooperation is also working with Ghana as part of the development partnership between the two countries to train young people to become efficient in the energy sector and to adapt to new challenges.
German Chancellor Angela Merkel arrived in Ghana on 30th August 2018 for a one day visit upon invitation of H.E. the President of the Republic of Ghana, Nana Akufo-Addo. She was accompanied by a business delegation interested in investment in Ghana.
She was welcome at the airport by H.E Vice President, Dr. Mahumud Bawumia. During the welcome ceremony, Chancellor Merkel undertook the inspection of the guard of honour organized in her honour before moving to the Jubilee house to meet H.E President Nana Akufo-Addo.
Chancellor Merkel and H.E Vice President, Dr. Mahumud Bawumia later took part in business round table discussions between the German business delegation and Ghanaian business representatives at the Kempinski Hotel in Accra. In the fringes of the discussion, three MoUs were signed with the German companies Voith, Bosch and Volkswagen for further investments in Ghana.
The Chancellor also visited the start-up incubator, Impact Hub, located in Osu where a number of start-ups supported and sponsored by GIZ Ghana showcased their innovations.