Economic partnership with Africa
Minister Müller to present Marshall Plan with Africa at business summit in Nairobi
Press release of 08.02.2017 |
BERLIN – Federal Minister Gerd Müller will launch a vocational training initiative at the German-African Business Summit in Nairobi. Around 400 delegates from African and German companies and associations, and from the political field will put forward ideas for boosting investment in Africa at the conference taking place in the Kenyan capital.
Minister Müller: "Vocational training is the key to more investment and jobs in Africa. That is why we are starting with a new vocational training programme whose recipe for success is its practical orientation and the emphasis on cooperation with the private sector. Businesses looking to invest in Africa need well-trained skilled workers, Africa's young people need training and prospects for the future. By bringing those two needs together we will be able to boost investment in Africa."
The clue to the German-African vocational training initiative is providing training for workers in manual and technical trades that has a practical orientation. Working with German and Kenyan businesses and associations, over the next five years this development policy intervention will provide basic and further training for up to 5,000 young people, will award up to 500 scholarships to boost youth employment and vocational training, and will provide basic and advanced training for up to 100 vocational training instructors.
Private sector investment and vocational training are also cornerstones of a Marshall Plan with Africa that Minister Müller will be discussing with African partners and business men and women at the summit in Nairobi.
Minister Müller: "We need economic cooperation with a totally new dimension. This means more investment, rather than more public funding. Africa is rich in mineral and natural resources. There is the potential here to create millions of jobs, if processing and hence value addition remain in the African countries where these commodities are extracted. The role of German development cooperation is to support these countries by offering advisory services and technical know-how. This new understanding of development cooperation will release completely new forces."
Kenya is one of the ten leading economies in sub-Saharan Africa. Over the last ten years Kenya's economy has grown by an average of more than five per cent each year. This year it is anticipated that growth will even exceed six per cent. To achieve that Kenya urgently needs more skilled workers who are better qualified. At the same time, Kenya has high youth unemployment. Each year nearly one million more young people enter the labour market.
The German-African Business Summit is taking place in Nairobi, the capital of Kenya, from 9 to 10 February 2017. It is being organised by the Sub-Saharan Africa Initiative of German Business. The German government is represented at the summit by the Federal Minister for Economic Cooperation and Development, Gerd Müller, and the Federal Minister for Economic Affairs, Brigitte Zypries.
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- "The cornerstones of a Marshall Plan with Africa – A new partnership for development, peace and a better future": Speech by Federal Minister Müller at the German-African Business Summit in Nairobi
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- German-African Business Summit 2017 - external link, new window - Visit website
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Cornerstones of a Marshall Plan with Africa (draft)new window, PDF 1.3 MB, accessible 01/2017 | pdf | 1.3 MB | 34 P. | accessible