German development assistance is based on the principle of subsidiarity and very often employs microfinance as a means out of poverty. Microfinance enables poor people to access financial services necessary for setting up their own small businesses or to simply escape poverty. As an example of advancing microfinance systems in Africa, Germany’s development bank KfW is currently running two microfinance projects in Ghana.
Microfinance in German development aid
Researchers from developing and transition countries are encouraged to consider the recent call for applications from the Alexander von Humboldt Foundation. Applications and nominations are now being accepted for the Georg Forster Research Award and Georg Forster Research Fellowship. The award comes with 60,000 Euro in prize money and the fellowships between 2,650 -3,150 Euro per month. Deadlines are May 15 and mid-June, 2014 respectively.
Georg Forster Research Award & Fellowships
The German Ministry for Economic Affairs and Energy (BMWi) together with Germany Trade & Invest (GTAI) identified six countries to which German exporters should pay more attention in the Government's view. Ghana features in this list of top export markets for 2014.
Focus on Ghana and other key economies abroad
The Brass Big Band Connection tour 2014 has begun with a performance in Kampala on April 12. This is the band's fourth visit to Uganda and it will hold several concerts and conduct workshops with Ugandan brass bands in various parts of the country to promote musical and cultural exchange.
Fourth visit to Uganda for German brass band
On April 8, the German Cabinet authorised the Bundeswehr to participate in the European stopgap mission “EUFOR RCA” in the Central African Republic. The German soldiers’ main task will be the strategic transportation of the wounded. The German Bundestag still has to give its approval – the vote is set to take place this week.
EU mission in the CAR
The 10th edition of Deutsche Welle's international award for the best in online activism, the Bobs, is now open for online voting. Stay interconnected and participate - vote today!
The Bobs 2014