European Union pledges 4.5 billion Euros investment to boost job creation - News Summed Up

European Union pledges 4.5 billion Euros investment to boost job creation


Accra, June 16, GNA – The maiden Ghana-European Union Business Summit has ended in Accra with the European Union (EU) promising an external investment of 4.5 billion Euros of the EU Budget to Africa, to generate about 10 million jobs on the Continent. Mr Jyrki Katainen, the Vice President of the European Union Commission for Jobs, Growth and Investment, who announced this at the closing ceremony in Accra, said the Africa-European Alliance for Sustainable Jobs launched in September last year, considered job creation as key pillar for resolving job creation challenges in Africa. He said the Sub-Saharan Africa must create about 18 million jobs each year to absolve the teeming unemployed graduates and underlined the need to mobilise private sector investments to achieve that feat. Vice President Dr Mahamudu Bawumia, in an address, said the EU-Ghana business summit reinforced the common belief of enhancing partnerships. The two-day summit aimed at boosting private sector investment and stronger trade opportunities between Ghana and European Union (EU) for their mutual benefits.


Source: All Ghana News June 16, 2019 12:45 UTC



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