Wednesday, July 11, 2018


By William Yaw Owusu
Wednesday July 11, 2018

The German Embassy in Accra has announced that the third German African Business Summit (GABS) will be hosted by Ghana from February 11 to 13 next year.

Germany’s Ambassador to Ghana, Christoph Retzlaff, revealed this yesterday at a news conference in Accra.

He said the summit is expected to be attended by more than 750 high-ranking representatives from business and politics from Germany and Sub-Saharan Africa.

“GABS is the German signature business event in Africa. GABS is organized by the Sub-Saharan Initiative of German Business (SAFRI),” he said.

He said “top business and government leaders from Germany and Sub-Sahara Africa meet every two years in Africa to promote economic relations between Europe’s largest economy, and the fastest growing region in the world. Up to 750 leaders, decision-makers and business representatives are expected to participate.”

The ambassador said that business leaders, who will get the opportunity to attend the summit, will meet and build networks, as well as gather information on economic development, business opportunities, finance, digitalization and start-ups, etc.

He said they are also expected to gain insights on “current development and future potential for German-African business relations German African Business Summit (GABS).”

“The German African Business Summit (GABS) is Germany’s signature business event in Africa. At the GABS, top business and government leaders from Germany and Sub-Saharan Africa meet every two years in Africa to discuss and promote economic relations between Europe’s largest economy and the fastest-growing region in the world,” he said.

“The GABS 2019 in Accra is where German and African business interests meet, where economic partnerships between Germany and Sub-Saharan Africa are strengthened, and where business trends and market opportunities are explored.”

“The Sub-Saharan Africa Initiative of German Business (SAFRI) is the voice of German business to policy-makers in Germany and the Sub-Saharan African region. The objective of SAFRI is to intensify cooperation with the countries of Sub-Saharan Africa and foster mutual trade and investment. SAFRI is supporting the dialogue between German and African business and industry, providing a platform of exchange for German and African partners.”

SAFRI is a joint initiative of leading business federations – the German-African Business Association (AV), Federation of German Industries (BDI), Federation of German Wholesale, Foreign Trade and Services (BGA) and Association of German Chambers of Commerce and Industry (DIHK).

The GABS is chaired by the SAFRI Chairman, Prof Dr Heinz-Walter Gro├če, chairman of the Board of B. Braun Melsungen AG.

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