The establishment in 2016 of the Agency for Business and Economic Development (Agentur für Wirtschaft und Entwicklung – AWE), which is intended to function as an interface between German development co-operation and the private sector, emphasises BMZ’s efforts to boost collaboration.

There is collaboration with private businesses in many sectors of development co-operation. Particularly important, however, is co-operation in agriculture – a sector that provides a livelihood for many poor people in the Global South. Moreover, agriculture, especially in Africa, is seen as an important starting point for economic development and the promotion of rural areas. Fundamental BMZ documents highlight the pivotal role of companies in developing and promoting agricultural value chains and in providing know-how and technology. For example, involving partners from the private sector, civil society and the scientific community is a key element in the Green Innovation Centres for the agriculture and food sector that, as part of the “One World – No Hunger” special initiative, are currently a focus of BMZ’s activities.