Art & LifeSportsGhana vs Germany - Development Scorecard

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Posted on Wednesday, 23 June 2010 11:59

Ghana vs Germany - Development Scorecard

There are over 50,000 Ghanaians currently living in Germany, according to a development scorecard prepared by the Africa Progress Panel for their 'Scoring for Africa' report. Read more on the relations between the two countries off the field. 

 

Attempts on target


Development Assistance: Ghana is a solid partner for German development cooperation. Since 1961, Germany has granted over €1 billion in development assistance to Ghana. In 2008 alone, €53 million were pledged for projects in the priority areas of agriculture, decentralization and private sector development. (Source: German Ministry of Foreign Affairs)

 

Debt Cancellation: Germany has cancelled 100% of bilateral debt owed by the Heavily Indebted Poor Countries (HIPC), which includes €270 million owed by Ghana. (Source: ONE Data Report 2009)

 

Trade: Having a long history of trade relations, both countries are aiming to increase the total trade volume to €500 million this year. Germany is Ghana’s fifth largest supplier and seventh most important export destination. Ghana’s exports to Germany are dominated by three traditional export goods: cocoa, gold, and timber. Recently, aluminum and fruits such as pineapple and pawpaw have begun to make up a larger part of Ghanaian exports to Germany as non-traditional exports from Ghana gain acceptance in German markets. (Source: German Embassy Accra)

 

Tourism: After the UK, Germany is the most popular travel destination for Ghanaians, partly due to the more than 50,000 Ghanaians currently living in Germany. (Source: German Ministry of Foreign Affairs)

 

Attempts off target

 

Development Assistance: Despite significant and laudable increases in development assistance Germany remains off track to meet its 2010 Gleneagles target; it has so far achieved only 31% of its committed ODA increase promised by 2010. To deliver on these commitments, Germany needs to increase ODA to Sub-Saharan Africa from the baseline $2.7 billion in 2004 to $6.9 billion in 2010 (in 2009 prices). Reaching the 2010 target is not impossible, but will require rapid increases in the remaining budget cycle. (Source: ONE Data Report 2010)

 

Doha Development Round: The world’s major economies, including Germany, have continuously committed themselves to completing the Doha Development Rounds (which started in 2001), but have thus far failed to do so. The goal of the Doha Rounds is to lower trade barriers around the world, allowing for an increase in global trade – including with the developing world.

 

Fouls

 

Agricultural Subsidies: Despite recent reports on potential improvements in Ghana’s access to EU markets, EU agricultural subsidies continue to hit Ghana hard. As a key member of the EU and net contributor to its Common Agricultural Policy, Germany has a special responsibility to push for a reduction of harmful tariffs and subsidies in the agricultural sector.

 

 

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Last Updated on Wednesday, 23 June 2010 14:39

Gemma Ware

Gemma Ware

Gemma Ware is business editor of The Africa Report magazine, where she has worked since 2008. She coordinates the magazine's business pages and writes on a range of subjects from the continent's telecoms revolution, to private equity and African stock markets.

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