Innovative and inclusive finance for youth in agriculture

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Creative Commons Attribution 3.0 IGO (CC BY 3.0 IGO)
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Africa Agriculture Status Report

This policy paper provides a macro-level picture of youth’s inability to access agriculture finance, and provides six major recommendations to policy makers: 1) promote financial literacy for youth 2) enhance the capability of financial institutions to assess agricultural sector opportunities; 3) African governments should produce and share reliable statistics on youth employment in agriculture and their financial inclusion; 4) policy makers should encourage special finance packages for young agripreneurs that do not require fixed collateral, e.g. by providing guarantee schemes; 5) governments should remove barriers to crowdfunding platforms, because they can effectively support young African entrepreneurs; and 6) impact investment funds should continue to be supported to ensure small agricultural business can still get capital support. 

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Agricultural Financing Facilitie