Ghana

There are certain pieces of soft infrastructure that have to be in place for issues such as high interest rates and banking penetration to be solved. Notably, to achieve lower interest rates an environment must exist in which people have unique identities, preventing them from taking out a loan, refusing to pay it and then going to another...

Ghana is one of our most important trading partners in sub-Saharan Africa, but we know that much development potential remains untapped. German businesses are very interested in both trade with, and investment in, Ghana. However, the president rightly says that words alone do not achieve anything – they need to be followed by action.

Ghana has good human capital and our economy has great possibility for accelerated growth and job creation. In recent years, admittedly, our economy has not done so well, and we have not been successful in appreciably improving the living standards of our people. Our country has an abundance of valuable natural resources, and we have no excuse...