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
The 4th EU-Africa Summit in Brussels drew to a close on April 3 after the more than 60 African and EU leaders, including German chancellor Merkel, discussed the future of their relations and reinforcing the links between the continents. They issued a summit declaration highlighting the close EU-Africa relations and shared values of democracy, respect for human rights, the rule of law and good governance, as well as the right to development.
4th EU-Africa Summit ends
On April 3 the German Bundestag approved the participation of up to 20 German soldiers in the EU training mission in Somalia (EUTM Somalia). The aim of the mission is to provide training for members of the Somali armed forces. EUTM Somalia does not take part in combat operations.
Support for EU training mission in Somalia
German Foreign Minister Frank‑Walter Steinmeier arrived in Tanzania, his second African destination, on March 25. In Dar es Salaam, he met members of the Tanzanian Government and gave a talk at the local university on “50 years of bilateral relations between Germany and Tanzania”. This anniversary and the close partnership between the two countries in development cooperation are the focus of the visit.
Africa trip of Minister Steinmeier
The digital society is a society in transformation. Digital technologies play an important role in our everyday lives and provide us with a whole range of new options. Germany will host Science Year 2014 "The Digital Society", showing how research can produce new solutions to promote this development and focuses on the impact of the digital revolution.
Science Year 2014 - The Digital Society