Spotlight Today.
Hungary urges European nations to invest in Africa
Hungary’s Minister for Foreign Affairs and Trade, Péter Szijjártó, is urging European countries to focus on investments in Africa as a way of curbing illegal migration.He said, “The population of Africa is growing fast, and we all know that if African countries are not developing in a way that they could keep their rapidly increasing population at home, then we in Europe will be faced with an even more serious challenge caused by massive illegal migration, which has been hitting the continent.
Why Ghunbc?
The Ghanaian Hungarian Business Council (GHUNBC) was graciously conducted by H.E. Mr. Ibrahim Awal Mohammed, Minister of Business Development of the Republic of Ghana and H.E. Mr. Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary, at the 3rd Ghana-Hungary Business Forum, held on 1st December 2017 in Accra. GHUNBC’s main objective is to provide an avenue for companies registered in Hungary and Ghana to collaborate and partner with each other to enhance business growth as well as promote trade and investment.
Hungary-Africa Week in September.
The Foundation for Africa and its partners are organizing the Hungary-Africa Week, a multi-sectoral thematic series of events, which will take place from the 12th to 18th of September 2022 in Budapest, where economic, diplomatic, educational and scientific, international development, humanitarian, and cultural synergies will be the main focus. A highlight of the Hungary-Africa Week will be the Business Days in Budapest on the 13th and 14th of September, which aim to provide an opportunity for African and Hungarian economic operators to meet and support the development of effective partnerships
Ghana at a glance
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Geography
Located on the Gulf of Guinea, a few degrees north of the Equator, Ghana spans an area of 239,535 km2 (92,485 sq mi). Ghana has an Atlantic coastline that stretches 560 kilometers (350 miles) on the Gulf of Guinea in the Atlantic Ocean to its south. The country is geographically closer to the intersection of the Prime Meridian and the Equator than any other country.
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Ghana Economy
Ghana possesses industrial minerals, hydrocarbons, and precious metals. It is an emerging designated digital economy with mixed economy hybridization and an emerging market. It has an economic plan target known as the "Ghana Vision 2020"
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Demographics
As of 2019, Ghana has a population of 30,083,000. Around 29% of the population is under the age of 15, while persons aged 15–64 make up 57.8 percent of the population. The median age of Ghanaian citizens is 30 years old with an average household size is 3.6 persons
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Foreign relations
Since independence, Ghana has been devoted to ideals of nonalignment and is a founding member of the Non-Aligned Movement. Ghana favors international and regional political and economic co-operation, and is an active member of the United Nations and the African Union.
Hungary at a glance
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Geography
Hungary is a landlocked country. Its geography has traditionally been defined by its two main waterways, the Danube and Tisza rivers. The Danube flows north–south through the centre of contemporary Hungary, and the entire country lies within its drainage basin.
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Government And Politics
Hungary is a unitary, parliamentary republic. The Hungarian political system operates under a framework reformed in 2012; this constitutional document is the Fundamental Law of Hungary. Amendments generally require a two-thirds majority of parliament.
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Economy of Hungary
Hungary is an OECD high-income mixed economy with a very high human development index and skilled labour force with the 16th lowest income inequality in the world. Furthermore, it is the 9th most complex economy according to the Economic Complexity Index.
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Foreign Relations
The foreign policy is based on four basic commitments: to Atlantic co-operation, to European integration, to international development, and to international law. Hungary has been a member of the United Nations since December 1955 and a member of the European Union, NATO, the OECD, the Visegrád Group, the WTO, the World Bank, the AIIB, and the IMF.
- What we do at Ghunbc?