Cooperation with countries in Africa Generating more added value locally
And to ensure that revenues from the extractive sector actually benefit the population and are invested in infrastructure and social services, the BMZ also supports the Extractive Industries Transparency Initiative (EITI).
The member states of this initiative undertake to report on their commodity transactions. As a member of the initiative, Germany supports the EITI process and advises countries like the Democratic Republic of the Congo, Ghana, Guinea, Liberia, Malawi, Mali, Mauritania, Nigeria and Sierra Leone on recording and disclosing their revenues.
Germany is promoting the agricultural and food industries in African countries through 15 green innovation centres. At these centres, experts from the field of development cooperation and the academic community, as well as from companies and federations, work with farmers to develop methods for improving cultivation, reducing harvest losses and enhancing quality standards. They are also developing new marketing methods, promoting self-organisation among farmers and increasing trade along the entire value chain - from field to fork.
Moreover, the BMZ is promoting fair trade to help improve living and working conditions in the production countries.