From Berlin to Buenos Aires – B20 Handover

For Immediate Release:

From Berlin to Buenos Aires – B20 Handover

B20 Chairs Heraeus and Funes: B20 process is crucial for G20 to effectively shape globalization

G20 must deliver on Hamburg results

  • For open and rules-based markets that benefit all
  • International cooperation needed to find solutions to global challenges

“The B20 is crucial for an effective G20 that shapes globalization,” said Jürgen Heraeus and Daniel Funes de Rioja, the current and incoming Chairs of the official G20 business dialogue, Business 20 (B20), prior to the B20 handover in Buenos Aires. The official handover ceremony, 1 month before the G20 handover, will takeplace on November 1, 2017 in the Argentine Foreign Ministry, hosted by the Argentine G20 Sherpa, Ambassador Pedro Villagra Delgado.

“We can be proud of what we have achieved as B20 Germany,” Heraeus stated. In seven taskforces and one initiative, more than 700 leading business representatives developed joint policy recommendations that were handed over to German Chancellor Angela Merkel at the B20 Summit in May 2017. The G20 Summit in Hamburg is a partial success, given the difficult negotiating climate. We are nonetheless disappointed that the G20 did little more than secure the status quo in many areas such as international trade,” Heraeus continued. “The G20 must now fill its Hamburg commitments with life,” said the B20 Germany Chair. Heraeus, who will be accompanied by B20 Sherpa Stormy-Annika Mildner, represent the three German business associations that were mandated by the German government to preside over the German B20 dialogue: the Federation of German Industries (BDI), the Confederation of German Employers’ Associations (BDA) and the Association of German Chambers of Commerce and Industry (DIHK).

“We stand with B20 Germany for open and rules-based markets. At the same time, we agree that we must ensure that the benefits from globalization are widespread in our societies. For example, we need to invest more in education and lifelong learning”, Funes de Rioja added. B20 Argentina will be led by Funes de Rioja as Chair, designated by the Argentine government. Daniel Funes de Rioja is the former President of the International Organisation of Employers (IOE) and also participated in the B20 Germany process as Co-Chair of the Employment and Education Taskforce. He will be assisted by six business chambers – ADEBA, BCBA, CACS, CAMARCO, SRA and UIA – as Co-Chair. B20 Sherpas Carolina Castro (Executive Sherpa) and Fernando Landa (Policy Sherpa) are tasked with bringing the B20 to life. “This is a great opportunity for our region and our country, taking into account the transformation process Argentina is going through and the structural reforms the government is putting in place to face the challenges of open market economy, the globalization process, and smart integration”, said Funes de Rioja.

“The CWA initiative has taken root and would seek to expand the pool of investment opportunities and incentives for domestic MSMEs in compact countries”. Isaac Aggrey, B20 Taskforce Member stated.

About the G20

The G20 is the premier forum for international economic cooperation. Within the G20, 19 leading industrial and emerging economies as well as the European Union coordinate their policies and agree on joint actions and principles. The G20 members combined hold more than 85 percent of the global economic output, more than 80 percent of global goods and services exports and represent about two thirds of the global population.

About the B20

The B20 is an integral part of the G20 process and represents the global business community. The B20’s task is to support the G20 by making concrete recommendations for actions, consolidating global businesses’ interests, and lending its expertise to the G20. Beyond this engagement the B20 focusses on advocacy and fosters the international dialogue between governments, civil society, and the business community. Like the G20 presidency, the B20 presidency is a perennial process and rotates on a yearly basis.


B20 Germany Website


Shaping an Interconnected World

For immediate release

B20 Press Release

The G20 must stand together and show leadership

Business 20, the official G20 business dialogue, calls on the G20 to be united

B20 speaks out against protectionism and for climate protection

B20 calls on the G20 to shape globalization on the basis of clear and reliable rules

“The business representatives of the G20 members call on the G20 to be united and show leadership in shaping globalization” said Jürgen Heraeus, Chair of the official business dialogue Business 20 (B20), on Thursday before the G20 Summit in Hamburg.

“Global challenges need global solutions. National solo-runs are bound to fail. The G20 is now more important than ever and must overcome the challenges of the last few months,” explained Heraeus.

Over the past ten months, the B20 has developed recommendations for the G20 to improve the future viability and sustainability of the global economy. “We stand for open and rules-based markets. At the same time, we must ensure that the benefits from globalization are widespread in our societies. For example, we need to invest more in education and lifelong learning.” The B20 spoke out strongly against protectionism and for strengthening the multilateral trade system with the WTO at its heart.

The B20 supports the Paris Climate Agreement and encourages the G20 members to send a clear signal in Hamburg for climate protection. “Climate protection and economic growth are not mutually exclusive. Quite the opposite. In order to push ahead with the necessary innovations, leaving room to ensure competitiveness, a reliable implementation of the Paris Climate Agreement is necessary in order to ensure fair competition,” said Heraeus.

There are numerous protests taking place at the G20 Summit. “I strongly believe that the G20 and its Communiqués should be reviewed critically. But the right way is a constructive debate and exchange,” stated Heraeus. An example of this is the collaboration of the G20 Engagement Partners (Business 20, Civil 20, Labor 20, Think 20, Science 20, Women 20, and Youth 20). This was particularly close under the German G20 Presidency. In joint statements, the G20 Engagement Partners expressed their support for open and inclusive societies, and most recently for climate protection and international cooperation.

“The call for an interconnected World demands that the G20 intensify and broaden its effort and more effectively build concerted, integrated and coordinated inclusive development model that places wellbeing of societies at the centre of economic growth and development.” Isaac Aggrey outlined.

You can download the B20 Summary document containing the policy recommendations to the G20 here.

About B20

The Business 20 (B20) is the official G20 dialogue with the global business community. The mission of the B20 is to support the G20 through consolidated representation of interests, expertise, and concrete policy proposals. Furthermore, the B20 promotes dialogue among policy-makers, civil society, and business at the international level.

The German B20 is organized by the Federation of German Industries (BDI), the Confederation of German Employers’ Associations (BDA), and the Association of German Chambers of Commerce and Industry (DIHK). The B20 is headed by B20 Chair Jürgen Heraeus (Heraeus Holding). He is assisted by the three members of the Executive Committee Dieter Kempf, President of BDI, Eric Schweitzer, President of DIHK, and Ingo Kramer, President of BDA, as well as B20 Sherpa Stormy-Annika Mildner. B20 Germany has more than 700 members from all sectors and all G20 members, representing the entire G20 business community.

You can find further information on B20 Germany here:

B20 Business Community Supports G20 Africa Partnership

For immediate release

B20 Business Community Supports G20 Africa Partnership

Business 20 (B20) welcomes the G20 Compact with Africa Initiative to boost investment in Africa.

Investments need stable and secure framework conditions: B20 calls for greater legal and political certainty as well as joint efforts against corruption in Africa.

B20 members stand ready to support the African Compact countries, the G20, and development banks in the implementation of the individual Compacts.

The Business 20, the official business dialogue of the G20, strongly welcomes the G20 Compact with Africa Initiative, which will be launched at the G20 Africa Conference, G20 Africa Partnership – Investing in a Common Future, in Berlin on June 12-13. More than 40 corporate leaders and presidents of business associations – chairs and co-chairs of the B20 working groups as well as the presidents of BDI, DIHK, and BDA – have voiced their support for the initiative and presented 10 High Level Recommendations to the G20.

The partnerships between the G20, interested African countries, and multilateral development banks are designed to promote investment in Africa by improving the macroeconomic, financial, and political environment. A survey among B20 members has shown that the main obstacles to investment are corruption, regulatory and political barriers, lack of infrastructure, legal uncertainty, and an inadequately trained workforce. The B20 calls on the G20 to tackle these barriers.

“Africa is a continent of vast opportunities but also many challenges. The Compact with Africa Initiative will upgrade the partnership between the G20 and individual African countries to a partnership of equals. The Compacts, if implemented wisely, can become a cornerstone in boosting economic growth and sustainable development in Africa,” Juergen Heraeus, Chair of B20 Germany, underlines.

“Africa is increasingly being recognized globally for her potential in developing robust economies. The G20 Compact with Africa Initiative will address the core structural barriers faced by Africa which serve both development and long-term business interests in order to underwrite sustainable and equitable growth”. Isaac Aggrey, B20 Taskforce member, emphasized.

The B20 recommendations focus, among others, on the investment environment, infrastructure, trade, employment and education, health, as well as good governance and anticorruption. For example, B20 recommends the preparation of country-specific investment facilitation plans, the creation of one-stop shops for investors, the strengthening of investment platforms that provide more information on infrastructure projects, and an extension of policy instruments to mitigate political risks through the multilateral development banks and the G20 countries.

“The B20 stands ready to assist the G20 and Compact countries in order to ensure a successful implementation of investment partnerships” said B20 Chair Jürgen Heraeus.

You can find the B20 Recommendations here:

About B20

The Business 20 (B20) is the official G20 dialogue with the global business community. B20 German is organized by the Federation of German Industries (BDI), the Confederation of German Employers’ Associations (BDA), and the Association of German Chambers of Commerce and Industry (DIHK). The B20 is headed by B20 Chair Juergen Heraeus (Heraeus Holding). He is assisted by the three members of the Executive Committee Dieter Kempf, President of BDI, Eric Schweitzer, President of DIHK, and Ingo Kramer, President of BDA, as well as B20 Sherpa Stormy-Annika Mildner. B20 Germany has more than 700 members from all sectors and all G20 members, representing the entire G20 business community.

G20 Africa Partnership – Investing in a Common Future

G20 Africa Partnership – Investing in a Common Future

12-13 June 2017, EUREF Campus, 10829 Berlin

Many African countries are already important political and economic partners of G20 members. To renew efforts of cooperation and enhance sustainable economic development the German Presidency has launched the G20 Africa Partnership.

The G20 initiative aims to support a reliable financial framework in order to increase investment opportunities, push for a more sustainable infrastructure as well as create jobs and employment in African countries and thereby contribute to the AU Agenda 2063.

On 12-13 June 2017 the German Federal Ministry of Finance, the German Federal Ministry for Economic Cooperation and Development and the Deutsche Bundesbank are hosting the International Conference “G20 Africa Partnership – Investing in a Common Future”. The conference will give opportunities to strengthen high-level dialogues between G20 and African decision-makers, to identify common areas of interests and further needs for action with regard to sustainable economic growth, stability and investment opportunities in Africa. At the core of the conference will be efforts to improve the framework conditions for private investment in
African countries including through the G20 initiative “Compact with Africa”.

On the first day, Chancellor Angela Merkel, Federal Minister of Finance Wolfgang Schäuble and Federal Minister for Economic Cooperation and Development Gerd Müller will welcome high-ranking guests from African countries and G20 members for a high-level dialogue to discuss opportunities to enhance the business environment and increase investments in African countries.

The second day will be opened by President of Deutsche Bundesbank Jens Weidmann and will include a high-level investor roundtable (by invitation only) and technical discussions in different breakout sessions which focus on measures to improve the macroeconomic, business, and financing framework conditions as well as digitalisation and energy infrastructure in African countries.

Throughout the conference there will be many opportunities for networking activities between the participants which will consist of representatives from G20 and African countries, international organisations, investors, and further stakeholders.

Our executive director, Isaac Aggrey is expected in Berlin for the start of the conference during which he will join High-Level Roundtable discussion as well as engage with other African countries in bilateral meetings.



On May 3rd, 2017, the B20 officially handed over its Policy Recommendations to the German Chancellor Angela Merkel in Berlin.

The Recommendations are the product of a year long process of 7 Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies.

WASEN Ghana celebrates the successful involvement of its Executive Director Isaac Aggrey as one of the few selected Taskforce members of the B20. As Africa continues to meet unexpected challenges, Aggrey has pledged to monitor the Recommendations progress, bring pressure to bear and assist the B20 stay the course whiles pressurising the G20 to deliver on their promise.

The summary documents contain the B20 policy recommendations to the G20 and are available on the B20 website (in English and German):

B20 Press Release

For immediate release

B20 Summit in Berlin: Shaping an Interconnected World

• B20 presenting recommendations to the G20 at B20 Summit in Berlin
• B20 calling upon the G20 to restate its firm commitment to open and rules-based markets
• B20 emphasizing its support for the Paris Climate Agreement

At the B20 Summit on May 2-3, 2017 the Business20 (B20) presents its recommendations to German Chancellor Angela Merkel, who is presiding over the G20 in 2017.

Over the past seven months, more than 700 representatives from companies and business associations from all G20 countries and sectors have developed recommendations, which strive to make the global economy more sustainable and future-oriented.

The themes of this year’s G20 presidency are: Building Resilience, Improving Sustainability, and Assuming Responsibility. These are essential pillars for growth that is not only dynamic, but also inclusive and sustainable. The B20 supports these ambitions.

“If the G20 did not exist today, we would need to create it. Through trade, investment, financial integration, data flows, and migration, our economies are growing more and more interdependent. This interdependence is a driver of economic growth and prosperity”, B20 Chair Juergen Heraeus emphasized.

However, it also means that crises can spread more easily, from country to country and region to region, and that existing opportunities can only be fully leveraged through joint efforts. “In our interconnected world, international cooperation is key – to realize the benefits but also to tackle the challenges”, Heraeus stressed.

The global business community is convinced that globalization offers tremendous opportunities. However, common rules, strong institutions, and international cooperation are necessary to shape the outcomes of globalization and ensure that everyone has the chance to benefit from it. “The G20 must meet the objective of not only fostering growth, but growth that is sustainable and inclusive.Everyone should be able to benefit from globalization,” Heraeus stated. Business is ready to carry its share of responsibility, through job creation, education and vocational training, responsible business conduct, and innovation.

The B20 is convinced that a future-oriented, sustainable, and competitive world economy can only be guaranteed if businesses keep finding innovative solutions to curtail climate change, foster the energy transition, and decrease resource intensity.

The G20 can achieve this by implementing the Paris Agreement, accelerating the market readiness and deployment of low-carbon technologies, and by establishing a Resource Efficiency Platform.

G20 members should also promote open, dynamic and inclusive labor markets by removing structural and legal barriers, promoting diverse forms of work and female employment, and by bringing labor migration policies in line with labor market needs.“Rather than echoing the populist discourse that makes globalization the scapegoat for all kinds of problems – from economic downturn to security risks – we need to focus on offering real solutions to real problems”, Heraeus called on the G20.

“Traditional barriers to trade such as access to finance, poor infrastructure, inefficient logistics, and distance to market still inhibit emerging market from the global growth path. Improving these conditions and leveling the playing field by strengthening the policy environment in emerging markets should be the primary focus of the G20”. Isaac Aggrey, B20 Taskforce Member called on the G20.

About B20

The Business 20 (B20) is the official G20 dialogue with the global business community. The mission of the B20 is to support the G20 through consolidated representation of interests, expertise, and concrete policy proposals.

Furthermore, the B20 promotes dialogue among policy-makers, civil society, and business at the international level.

The German B20 is organized by the Federation of German Industries (BDI), the Confederation of German Employers’ Associations (BDA), and the Association of German Chambers of Commerce and Industry (DIHK).

The B20 is headed by B20 Chair Juergen Heraeus (Heraeus Holding). He is assisted by the three members of the Executive Committee Dieter Kempf, President of BDI, Eric Schweitzer, President of DIHK, and Ingo Kramer, President of BDA, as well as B20 Sherpa Stormy-Annika Mildner. B20 Germany has more than 700 members from all sectors and all G20 members, representing the entire G20 business community.

You can find further information on B20 Germany here B20.

WASEN Ghana Mentorship Program


Mentorship is a significant part of WASEN Ghana’s program.

WASEN Ghana has established a mentoring and support unit to provide ongoing support to applicants who have started a new business or who are growing an existing one. This will include matching applicants with prominent people in society amongst others, business leaders, corporate volunteerism, peer mentoring, clubs and societies, churches, community structures and mature members of the community.

 About the service

Mentors, each is an experienced business / accomplished person who have decided they want to give something back and work with the next generation of entrepreneurs.

This will be an agreement between two people sharing experiences and expertise to help with reflection, decision-making, and action to improve personal growth and professional development.

Mentoring advisors will help applicants to identify their growth plans and what they want to achieve personally from the mentoring. Based on this, WASEN Ghana will then match applicant with a mentor who can really add value, whiles monitoring applicant progress.

 What can a Mentor do for an applicant?

People who have been mentored have an increased likelihood of career success. Mentors can provide an independent perspective on businesses, acting as a sounding board for new ideas. They can work with applicants to set new goals, and clarify the direction applicant’s business is taking. They can also help to develop new skills and expertise, and prepare applicant for times of change.

 Interested in becoming a mentor?

As a mentor you will be part of WASEN Ghana’s Business Growth Hub mentors team. WASEN Ghana will arrange regular informal meetings for this group featuring guest speakers, opportunities to network and sharing experiences with your fellow mentors and exploring more ways of helping your mentees.

Mentoring can be a great way for you to develop too, honing skills such as supporting others, listening, giving feedback, and adapting your leadership style. It can also increase job satisfaction and raise your visibility within your own organisation and the business world at large.




Y20 Australia 2014 Delegates’ Declaration: A Communiqué to G20 Leaders (Full Report)

Y20 pic

Y20 Australia 2014 Delegates’ Declaration

“We need to create digital communities to enable knowledge sharing amongst young people in Europe and Africa” – Isaac Aggrey, WASEN Ghana

There are about 20 policy recommendations proposed by the Y20 to the G20 leaders with Support for Youth Entrepreneurship, Improve Labour Mobility, Protect Youth Jobs and Promote Decent Employment highlighted as top priority policy recommended actions. The Taskforce recognizes the outstanding efforts of the Y20 delegates and will support them to achieve the objectives proposed in the declaration.

The Youth 20 (Y20) is the official youth engagement group of the G20 and is an essential component of the Australian Government’s engagement of stakeholders with the G20 agenda.

“The risk of a “lost generation” of young people who are not able to find meaningful employment opportunities looms large and the Y20 provides an opportunity to engage with G20 Leaders on this very important issue” – Holly Ransom, 2014 Chair of Y20.

Much of the responsibility for enhancing the G20’s youth engagement strategy rests mainly with the 2014 Y20 Planning Group and the delegates to the 2014 Y20 Summit, who worked first online and then collectively in Sydney to draft key recommendations and a communiqué around the three Y20 themes for 2014: growth and jobs creation, global mobility and sustainable development.

This context underpins both the theme and the focus of this year’s 2014 Youth 20 Summit: “Engaging the present, shaping the future”. It reflects a desire for this year’s G20 to both provide the opportunity for young people to inform the Leaders’ decision-making on current global issues, and to coordinate youth engagement and action to drive future-focused change.

The goals for this year’s Y20 are two-fold:

  1. To place youth unemployment on the G20 Leaders’ agenda and get an agreement to a bold action plan to tackle the issue, and;
  2. To grow the legitimacy, reach and impact of the Y20 summit, and better integrate the voice of today’s youth into the existing G20 dialogue.

This will be achieved by being more succinct and pragmatic in the Y20 recommendations to Leaders, and by building greater traction with G20’s other engagement teams, working groups and taskforces.

In meeting the first challenge, the Y20 has restructured the policy development process to generate two documents at the end of the Y20 summit: a communiqué encompassing the consensus of ideas from Y20 delegates and a new document: a three-point “policy ask” to G20 Leaders that will be the focus of a global youth-action strategy on key issues such as youth unemployment. Additionally, the Y20 has deepened its policy base by developing a knowledge partnership with Deloitte Access Economics, presenting to the G20 Employment Taskforce and working closely with the Business 20 (B20) engagement group of the G20.

Across all the Y20’s work, the aim is to produce succinct, action focused communications for the G20 Leaders and work with all Y20 delegates to create a system of accountability through the establishment of a comprehensive multilateral global accountability framework.

The G20’s Taskforce on Employment (TFE) is coordinating the development of members’ employment plans that will be included in country growth strategies.

Australia, as G20 Chair has adopted this policy recommendations contained in the Communiqué by majority support – in addition to three priority policy recommendations in June – having developed them in committees and sought to accommodate the views of all delegates.

Australian Presidency’s has pledged its support for engaging youth in G20 decision making and will also host a Labour and Employment Ministers meeting on 10-11 September to develop actions to boost employment, lift workforce participation and help long-term and youth unemployment.

Success for the Y20 in 2014 will be defined by two outcomes. The first is getting a bolder commitment from G20 Leaders to take action to address youth unemployment.

The second is through the development of a fully functioning youth engagement group for the G20, which can be a lasting legacy of the Australian G20 presidency in 2014.

The Y20 has taken major steps to better integrate itself into the broader G20 agenda, and in taking these steps, will ensure that G20 youth will continue to have the opportunity to engage with G20 Leaders for many years to come.

WASEN Ghana’s Involvement with Youth 20 (Y20)

Y20 pic

Y20 select

The Executive Director of WASEN Ghana, Mr. Isaac Aggrey has over the years worked with experts and development partners to establish sound knowledge of rapid and sustained economic growth, promoted access to sound economic content, policy frameworks and provided an understanding of the principles, key concepts and processes of developmental projects including having his voice heard in Youth 20 (Y20) policy recommendations to the G20 Leaders, Global Partnership for Youth in the post-2015 Development Agenda (GPY2015). European Commission Communication on Civil Society Organizations in Development, Civil Society and Aid Effectiveness and the Open Government Partnership among others.

During 2014, he was selected out of many applicants from around the world and handpicked among a finalist of 7 to present and propose policy recommendations on Getting around: Labour Mobility and Youth Entrepreneurship by top executives from the European Union Young 20 (EUY20), an official youth engagement group of the G20.

The aim of this program is to bring young people closer to the G20 leaders and provide a platform for young people to voice their needs, opinions and interests on issues relevant to the G20 agenda.

The G20 committed in its Fifth Anniversary Vision Statement to listen carefully to institutions and countries which are not in the group particularly emerging countries. Accordingly, Australia, 2014 president of the G20 continues to work with non-members to develop international understanding of the G20’s 2014 agenda, to promote the agenda’s benefits to the global economy and to seek views and input from young people.

The 2014 G20 summit was held on 15 and 16 November at Brisbane, Australia and brought together range of opinions and perspectives from member states and the business community.

The G20 is been supported by international organizations, including the Financial Stability Board, the International Labour Organization, the International Monetary Fund, the Organization for Economic Co-operation and Development, the United Nations, the World Bank and the World Trade Organization. These and several other organizations are invited to attend the 2014 G20 meeting.

Isaac recognizes the important role that the G20 leaders continue to play in advancing sustainable business models and markets to build an inclusive global economy and therefore plans to advocate and lobby around issues affecting young people in Africa. He has the opportunity now to engage with the G20 Investment Taskforce Team (Business 20, Deloitte Access Economics and Employment) to attract infrastructure Investment and Financial Services to young people in Africa.



1st Digital8

As the demands of the global economy place increased pressure on societies to become self sufficient, the importance of providing opportunities to those who lack the necessary education and financial resources has become increasingly apparent.

Poverty creates political and economic instability, a major threat to business and sustainable development. Inadequate infrastructure, such as poor roads and remote and scattered villages, makes it hard for farmers to bring their products to market, and likewise hinders access to product.

1st Digital3Economic prosperity cannot be achieved when individuals and whole economies lack basic infrastructure. Roads, ports, rail networks, telecommunications, access to energy and water for domestic and agricultural use are some of the basic services needed to facilitate mobility and trade.

One of these factors is the failure to convert Ghana’s demographic advantage, namely young people, into a dynamic economic force. Young people will remain trapped in a cycle of poverty, violence and missed opportunity. It is of paramount importance that young people become the custodians of their own development, partake fully in citizenship duties, and contribute towards the economic development of Ghana.

Consensus BuldingGiven the urgency and the sheer scale of the challenges that confront Ghana, harnessing synergies between foreign direct investment and private sector investment is imperative. Coordination between these stakeholders is vital to maximize development benefits.

Ghana must harness all its natural resources to develop as rapidly as possible, recognizing the youth as the nation’s season of hope, enterprise and energy. The Youth must be encouraged to work hard and build upon the foundations already laid by the four fathers, looking into the future with some measure of confidence in themselves.

High-Level Panel_1Government must consider seriously investing a greater percentage of its budget in youth and women enterprises making them resourceful and a self-reliant.

Governance is the way in which a country or society takes decisions and allocates resources. It’s  not just about voting systems, it’s about the way in which people, including the poorest and most excluded can be involved in those decisions, and hold institutions accountable. These commitments require that government create a legal framework that will institutionalize the principles of transparency, participation, and collaboration into the culture and work of its governance structure.