Business and Development News
Germany is tightly integrated into the world economy with the export of goods and services as one of the main engines of the country's economy. Germany's competitiveness on the global market is also of increasing importance, along with its attractiveness for foreign investment. Each of these aspects create or preserve jobs, help further develop technology and serve as key indicators of economic globalization - and Germany's dependence on the world market.
Globalization also carries with it the imperative for all states to ensure stable economic development for the benefit of all: Trade and a dense network of economic links offer the means to improve livelihoods, create trust and stabilize international relations. Germany's foreign policy therefore strives to both promote and protect German economic interests in the world and help foster the further development of just and sustainable global economic cooperation.
Jun 12, 2017
German Finance Minister Wolfgang Schäuble wrote a byline article outlining Germany's objective to boost private investment in Africa.
A Better Investment Framework for Africa
Feb 13, 2017
"Technical and vocational education and training is the key to more investment and more jobs in Africa," said German Development Minister Gerd Müller at the German-African Business Summit in Nairobi.
German-African Business Summit in Nairobi
Feb 13, 2017
A reliable supply of water and electricity cannot be taken for granted in East Africa. Germany is committed to changing this. One example is the EnDev programme implemented by GIZ and BMZ, another Germany's support to the Nile Basin Initiative.
Germany's support for a reliable supply of water and electricity
Feb 13, 2017
The business with the hard-boiled eggs was one of the things that most impressed Rob Burnet. But more about that later. The Brit is the founder and director of “Well Told Story” (WTS), a Kenya-based company that produces a variety of media while at the same time pursuing sociological research. Funding for this research comes partly from Germany’s Hanns Seidel Foundation. Based in Karen, close to the capital Nairobi, WTS’ most important product is “Shujaaz” (“Heroes”), which Burnet describes as “a kind of interactive media platform for young people”.
Kenyan multimedia platform “Shujaaz”
Feb 10, 2017
They are young, creative and successful: German-African start-ups are active in many areas. Four cooperative ventures with a promising future.
Cooperative ventures with a promising future