Title: Special Initiative ‘Decent Work for a Just Transition’
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)
Country: Ghana
Lead executing agency: Ministry of Finance
Overall term: 2019 to 2025
Like many African states, Ghana has a high level of economic growth. This makes the country attractive for companies to invest in. However, additional support is needed in Ghana, for example to tackle local challenges including a lack of experts, limited capacity of the local supplier industry and a poor infrastructure.
The employment-promoting growth of Ghanaian and European companies in Ghana is increased.
The project works with companies to remove potential obstacles to investment and improve competitiveness. It examines how specific barriers to investment or trade can be overcome. Such barriers may include a lack of local experts, limited capacity of the local supplier industry, a poor infrastructure or limited access to markets and financing opportunities.
In addition, the project promotes cooperation between German, European and African companies. This allows cooperation and supply structures to be strengthened and value chains to become international. Small and medium-sized enterprises are a driver for jobs in Ghana. The project supports these companies in becoming more competitive – for example by helping them to remove investment barriers or tap into new markets.
The project specifically promotes economic locations that are attractive and promise success in the long term, including business parks and industrial estates, and growth sectors. This includes the automotive sector and agriculture.
Last update: March 2023