Tuesday
November 16
2021

Analysis: Africa’s Agripreneurs Pay a High Price for Start Up Finance — Global Issues

Limited investment, high interest rates and restricted support means African businesses are losing out to foreign competitors.

If we want to transform the continent’s food security and fortunes, then African Governments must help create an economic environment conducive to local investment by, for example, amortizing loan rates and driving billion dollar investments into the sector.

And all stakeholders—including government, donors, and the private sector— must work towards a more equitable and inclusive approach to build local investment for sustainable agricultural growth.

Photo courtesy of Ivko.

Source: The Pink Report News (link opens in a new window)

Categories
Agriculture, Finance
Tags
agribusiness, agriculture, entrepreneurs, farmers, financial inclusion, poverty alleviation, smallholder farmers, startups