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Microloans make farming profitable for Kenyan smallholders

December 2nd, 2019 / SciDev.net

Farmers in Kenya report increased yields after signing up to microloan scheme.Groups such as One Acre Fund and myAgro give smallholders access to finance and farming inputs.More investment is essential to help small-scale farmers reach their potential. Read more …

Climate-smart rice production is key for global food security, says report

November 27th, 2019 / New Food Magazine, UK

Proposing three innovative finance solutions to support sustainable rice production in line with the Paris Agreement climate targets, Financing Sustainable Rice for a Secure Future was published by Earth Security Group (ESG), with support of the UN Capital Development Programme (UNCDF), the Sustainable Rice Platform (SRP), trader Phoenix Group, the World Business Council …

CTA has awarded four grants to support the use of blockchain in agriculture across Africa, the Caribbean and the Pacific

July 15th, 2019

CTA has awarded four grants to support the use of blockchain in agriculture across Africa, the Caribbean and the Pacific (ACP).

With CTA’s support Bioversity International, the International Center for Tropical Agriculture (CIAT), Erba 96 and Nitidae will implement blockchain projects in Côte d’Ivoire; Papua New Guinea; Sierra Leone; Trinidad and Tobago; and Uganda. 

With blockchain every transaction …

Small-holder farmers need access to financing across the agricultural value chain

November 30th, 2018 / FarmBiz Africa

Access to adequate financing is often identified as one of the key inhibitors to achieving long-term sustainability for Africa’s agricultural practitioners, particularly small-holder and subsistence-level farmers who typically must resort to borrowing from community members or pooling resources in order to make ends meet.
While 55 percent of Africa’s population is …

Young, rich and ambitious: Nigeria’s ‘gentleman farmers’

July 24th, 2018 / ENCA.com

“Opportunities in agriculture are beyond the imagination,” said Buffy Okeke-Ojiudu, the proud owner of a 200-hectare (495-acre) palm oil plantation in the southeast.
“The future billionaires in Nigeria will be people investing in agriculture, tech and renewable energy, which are sectors that can create employment, not like the oil sector,” said …

Encouraging African youth to adopt climate-smart agriculture

June 22nd, 2018 / CCAFS

Twelve million young people enter the African workforce each year with only roughly 3 million jobs available to them. To many, an agricultural career is not a glamorous prospect, particularly as climate change degrades land and disrupts weather patterns, making it harder for farmers to grow enough to feed even …

Trust, ease and transparency: how one microfinance institution is reaching pural farmers

February 16th, 2018 / AgriLinks

In Kenya, smallholder farmers lack access to financial services and face high barriers to accessing commercial banks and community lending institutions. These institutions rarely approve loans to smallholder farmers or have a slow turnaround time for approval, preventing farmers from getting capital when they need it in the agricultural cycle. …

Smallholder farmers hold key to food security

May 10th, 2017 / Daily Nation, Kenya

Small-scale farmers, account for a large portion of food produced in many parts of Africa. Investment should target them to increase the welfare of citizens, improve food security and drive the economic development.
One setback the smallholder farmer has suffered from time immemorial is financing.
The African Union, through a number of …

‘Africa can finance its own development,’ AfDB President Akinwumi Adesina

March 25th, 2016 / AFKinsider

African countries should look within to the private sector to fund their own infrastructure rather than borrowing from international markets to plug financing gaps, said Akinwumi Adesina, president of the African Development Bank. Read …

Digital technology cloud hangs over every African farm

March 7th, 2016 / East African, Kenya

The digital cloud is high above every smallholder farm in Africa. We have the opportunity to bring the power of the cloud down to earth, and transform the ability of smallholder farmers to access finance, information and markets as never before. On Monday, a landmark edition of the international journal …