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It is also expected that ProMIFA will support the establishment of a financing and risk-mitigation mechanism, develop new financial products, improve the quality of financial services. Picture by Erick Kaglan

Creating Economic Opportunities for Rural People

By Abdi Ali Published February 9, 2019 More than 50 000 African households are set to benefit from a US$35 million rural project. The Shared-risk Agricultural Financing Incentive Mechanism Support project (ProMIFA) of International Fund for Agricultural Development (IFAD) and the Government of Togo is meant to to spur inclusive economic growth and create employment…

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José Graziano da Silva, Director of United Nations' Food and Agricultural Organisation, says countries need to promote a rural and structural transformation that fosters synergies between farm and non-farm activities, especially in the processing, packaging, transportation, distribution, marketing and service provision sectors.

Creating Attractive Jobs for Rural Youth Could Contribute to Africa’s Economic Prosperity

By Khalifa Hemed Published May 13, 2018 Opportunities should be explored throughout the food chain in order to create enough jobs for young people across Africa. José Graziano da Silva, Director of United Nations’ Food and Agricultural Organisation, says countries need to promote a rural and structural transformation that fosters synergies between farm and non-farm…

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Dr Akinwumi Adesina, President of African Development Bank ,called for a stronger partnership: a partnership for greater scale; a partnership to take technologies and innovations to hundreds of millions of farmers.

Why Investing in African Agriculture Makes Economic Sense

By Irene Gaitirira Published February 23, 2018 Though agriculture in Africa has traditionally been associated with pain, penury, and poverty, it is a huge wealth-creating sector that is primed to unleash new economic opportunities that will lift hundreds of millions of people out of poverty. Akinwumi Adesina, President of the African Development Bank (AfDB), said this…

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Edson Mpyisi, Coordinator of Enable Youth Programme at African Development Bank says Africa should involve its youth in its agriculture sector.

Agriculture Could Solve Africa’s Youth Unemployment Problem

By Irene Gaitirira Published November 23, 2017 Only three-out-of-11 young people entering the job market in Africa every year end up in formal jobs in a continent whose youthful population (15-35 years) is estimated to number 420 million. But did you know that agribusiness could provide a remedy to the problem of youth employment across…

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Dr Akinwumi Adesina, winner of the World Food Prize 2017, with his prize.

Mechanised Agriculture Key to Food Security in Africa

By Khalifa Hemed Published October 30, 2017 Though Africa sits on 65% of the uncultivated arable land left in the world, it is the only region of the world where the number of people who face food insecurity has increased, 300 million more people are malnourished and the continent shall spend US$110 billion to import…

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Simon Mwangi, CEO/Founder The Bridge Africa Group Ltd, Kenya; AGCO’s Nuradin Osman; Dr George Njenga, Dean, Strathmore Business School and Dr Andy Wilcox, Head of Crop & Environment Science, Harper Adams University, UK, sign the MoU for AGCO Agribusiness Programme on September 25, 2017.

New Agribusiness Training Set to Drive African Agricultural Prosperity

By Irene Gaitirira Published October 5, 2017 A training programme aimed at bringing young talent into the agribusiness sector in Africa with a view to increasing food production commences in Kenya, Zambia and South Africa in March 2018. Known as AGCO Agribusiness Programme (AAP) and offered through Strathmore Business School (SBS) in Kenya, Harper Adams…

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