GIPC, German Cooperation sign €762,300 financing agreement 21st Dec 2020 | Source: Graphic Online
The Ghana Investment Promotion Centre (GIPC) has signed a €762,300 financing agreement with the German Federal Ministry for Economic Cooperation and Development to help address challenges in the investment sector that had been worsened by the coronavirus disease (COVID-19).
Under the agreement, the two parties would mobilise investment and promote job-creating growth of enterprises in the country.
It will also support potential investors who were unable to travel due to COVID-19 restrictions to obtain relevant information as well as facilitate the design of match-making platforms to connect international investors to local businesses.
Graphic Online
BY: Joshua Bediako Koomson
Category: General News
Ms Dorothee Dinkelaker (middle), Head of Development Cooperation, German Embassy, and Mr Yofi Grant (right), the Chief Executive Officer of the Ghana Investment Promotion Centre, displaying the signed documents. With them is Mr Gerald Guskowski (left), Head of the GIZ Country Programme. Picture: GABRIEL AHIABOR
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The Ghana Investment Promotion Centre (GIPC) has signed a €762,300 financing agreement with the German Federal Ministry for Economic Cooperation and Development to help address challenges in the investment sector that had been worsened by the coronavirus disease (COVID-19).
Under the agreement, the two parties would mobilise investment and promote job-creating growth of enterprises in the country.
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Germany reinforces its support to vulnerable populations in Jordan
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AMMAN – Germany has again shown its commitment to support refugees and vulnerable Jordanians with a contribution of 65 million Euros (US$76.9 million USD) to the United Nations World Food Programme (WFP) in Jordan for the years 2020 and 2021.
The contribution, provided by Germany’s Federal Foreign Office, will enable WFP to continue supporting half a million refugees in communities across the Kingdom, including those living in the Zaatari and Azraq refugee camps, through monthly cash assistance to meet their food and nutritional needs.
“In 2020, refugees and vulnerable communities in Jordan have faced tremendous challenges due to the outbreak of COVID-19. We are grateful for WFP who has stayed and delivered much-needed assistance during the first months of the pandemic. Germany has provided US$540 Million in additional funding to cover urgent needs caused by COVID-19 worldwide. We are glad to continue
Market Report 2020: Work and protective clothing in Germany
A weakening industrial economy, trade conflicts, Brexit and now the corona pandemic result in an uncertain future. Though, how will workwear and PPE be affected by these parameters?
8th December 2020
Report summary
The economic crisis of a decade ago hit the industry for workwear and personal protective equipment (PPE) hard with a market slump of 10%. However, the low point did not last long. Sales in Germany recovered and are currently 20% (workwear) and a good 5% (PPE) higher than in 2010. However, the conditions for the industry are becoming more difficult.
A weakening industrial economy, trade conflicts, Brexit and now the corona pandemic result in an uncertain future. Though, how will workwear and PPE be affected by these parameters? In three scenarios the industry insiders of Marketmedia24, Cologne, assessed the development of the next decade and see light at the end of the tunnel.