Core area “Sustainable economic development, training and employment” Vocational training, private sector and financial sector development

In order to overcome the lack of skilled workers in micro and small enterprises, the BMZ is involved – including through its Special Initiative “Decent work for a just tranisition” – in targeted efforts to improve vocational training in employment-intensive industries. Training opportunities for youransitionng people are being created in collaboration with the private sector.

In the field of financial systems development, Germany is supporting, among other measures, the establishment of the Ghanaian Development Bank and the creation of a deposit guarantee system.

Digital Transformation Center and advice centre as central points of contact

Another important element of cooperation with Ghana is the BMZ initiative area “Digital technology and data”. The German development cooperation Digital Transformation Center in Ghana brings together a range of different approaches to create an extensive portfolio. The centre serves both private businesses and the public sector as a point of contact for finding digital solutions. The aim of the measures is, in particular, to strengthen micro and small enterprises and start-ups. German support is being provided with a view to assisting them in making better use of the opportunities of digital technology. One major focus is on women-led businesses.

In addition, an advice centre for jobs, migration and reintegration has been set up in Accra. By informing people about employment opportunities and options, the centre is creating factors that encourage people to stay in the country and helping returning migrants to reintegrate.

Support for establishing local vaccine production

Ghanaian businesses want to work with international companies, including German players, to establish a local vaccine industry in Ghana. Germany is assisting and supporting this process through comprehensive advice, coordination and knowledge transfer. With support from GIZ, the Ghanaian government has drawn up a multi-year strategy for establishing vaccine production in Ghana, which includes setting up a national vaccine institute. In the short term, the Ghanaian companies want to set up vaccine filling equipment; in the medium term the vaccines themselves are also to be produced in Ghana. In order to create favourable conditions for that, Germany is working, together with the EU, with the Ghanaian regulatory authorities.