Heifer International: Why the youth are a game changer to Africa’s agricultural potential
A new report by Heifer International on the role of agri tech and the youth has highlighted the need for more finacing in agritech more so for the youth, CNBC Africa spoke to Adessuwa Ifedi, Senior vice-President of Africa Programs at Heifer international for more.
Fri, 13 Aug 2021 15:26:33 GMT
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AI Generated Summary
- Youth as Catalysts for Innovation: The report highlights the transformative potential of young Africans in driving innovation and technological integration in the agricultural sector.
- Financial Challenges and Solutions: Access to innovative funding is identified as a critical factor for reviving agricultural businesses affected by the pandemic.
- Regional Collaboration for Sustainable Development: The importance of sharing best practices and fostering partnerships across African countries is underscored as a key strategy for achieving a resilient and inclusive agricultural sector.
In a groundbreaking report by Heifer International, the critical need for increased funding in AgriTech, particularly for the youth, has been brought into sharp focus. Adesua Ifedi, the Senior Vice President of Africa Programs at Heifer International, emphasized the key points from the report, outlining the challenges faced by the continent in terms of an expanding youth population, an aging agricultural workforce, and the digital exclusion of smallholder farmers. One of the key revelations from the report is the stark impact of COVID-19 on farmers, highlighting the urgent need to bridge the digital divide. The pandemic has magnified the existing disparities, with only 23% of young people in the agricultural sector having access to necessary technology. This underlines the pressing need for strategic interventions to empower the youth and transform the agricultural landscape. One of the pivotal aspects of the report is the recognition of young Africans as catalysts for innovation in the agricultural sector. Despite the prevailing narrative of youth unemployment and frustration, the report showcases the remarkable potential of young innovators who are already driving change in the industry. It emphasizes the importance of harnessing this pool of talent to revolutionize agriculture and create opportunities for small older farmers. By leveraging technology and innovation, the youth can not only boost their incomes but also enhance the sustainability and efficiency of agricultural practices. Adesua Ifedi underscored the transformative impact that empowered youth can have on Africa's agricultural sector, describing them as game-changers who will propel the continent towards food security and economic prosperity. As the continent grapples with the economic fallout of the pandemic, revitalizing agricultural businesses is paramount. With over 40% of agribusinesses forced to close temporarily and another 38% experiencing significant sales reductions, access to innovative funding is crucial for their survival. The report highlights the need for tailored financial solutions that cater to the specific needs of entrepreneurs across the agricultural value chain. In light of these challenges, regional collaboration emerges as a key strategy for sustainable agricultural development. Adesua Ifedi emphasized the importance of sharing best practices and fostering partnerships across African countries to address common issues collectively. The upcoming AGRF conference, which will feature Heifer International as a sponsor, presents a critical platform for stakeholders to collaborate and exchange insights on transforming the agricultural landscape. By harnessing the collective expertise and experiences of different nations, Africa can chart a path towards a more resilient and inclusive agricultural sector. The report by Heifer International serves as a clarion call for concerted efforts to empower the youth, integrate technology, and foster collaboration in order to unlock Africa's vast agricultural potential and pave the way for economic transformation.