Feb 12 • 04:36 UTC 🌍 Africa AllAfrica

Africa: Bridging the Capital Gap - Strategic Public-Private Partnerships Invest in Young Agri-Entrepreneurs

A press briefing highlighted the need for investment in young agricultural entrepreneurs as a way to revive the global aid system and strengthen food security.

The global aid system is facing significant challenges due to chronic underinvestment in rural areas, which poses a serious risk to food systems worldwide. With 1.3 billion young people, particularly in rural regions, recognizing and investing in their entrepreneurial potential is crucial for economic development and food security. During a briefing at the International Fund for Agricultural Development's 49th Governing Council, President Alvaro Lario emphasized the importance of engaging young entrepreneurs and women farmers to cultivate employment opportunities and ensure rural areas can contribute to stability and sustainable economic growth.

The Governing Council's session, themed "From Farm to Market: Investing with Young Entrepreneurs," comes at a critical juncture for the global aid framework, which needs urgent adaptation to better support rural economies and young leaders facing obstacles in agricultural sectors. By fostering public-private partnerships and promoting investment in young agri-entrepreneurs, the event aims to create new pathways that empower rural communities and enrich food systems. This strategic initiative could potentially lead to transformative changes in agricultural practices, employment rates, and the overall economic landscape of these communities.

As the largest generation in history, with nearly half of young people residing in rural areas, the emphasis on youth-led agricultural ventures is not only a matter of economic stability but also a vital component in addressing food insecurity and climate challenges. Investing in young innovators can yield a ripple effect, benefiting various sectors and contributing to a resilient and robust food system. The discussions at this Governing Council promise to shape future public and private investments necessary for sustainable growth in agri-entrepreneurship across Africa, posing implications for international development strategies and cooperation in agriculture.

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