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22.02.2005 Business & Finance

GTZ Experts Strategies on Private Sector Development

Sixty German Technical Co-operation (GTZ) economic experts from 22 African countries yesterday began a three-day conference in Accra to strategise on how to promote the growth of the private sector in Africa.

The experts will also discuss how to sharpen GTZ's profile in economic development programmes in partner countries to enhance the impact of its support activities for the private sector in Africa.

Briefing the press, the GTZ Country Director, Dr Brigette Heuel-Rolf, said its support for the promotion of good governance, Small-and–Medium-scale Enterprises (SMEs) and agriculture in Africa, would be given priority this year. She noted that the present private sector promotional activities of GTZ in Ghana already reflected these three cornerstones.

She said for instance that GTZ provide SMEs with technical and financial assistance to enrich the quality of their products and services.

Dr Heuel-Rolf said that her outfit also assisted producers, processors and marketers of agriculture produce in order to promote agriculture in the country. On governance, she said that GTZ helped in building the capacity of officials at the district assembly level and promoted the rule of law and accountability. Besides, its improved the generation of internal revenue and land administration.

The German Ambassador to Ghana, Dr Peter Linder, commended Ghana for coming up with a trade policy and asked German investors to come and invest in the country.

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