Policy highlights:

  • African youth have the potential to contribute to food security and economic development, especially if they are more involved in agriculture. However, they often lack the financial means to start a profitable business.
  • The main challenges preventing young agripreneurs from accessing needed finance can be attributed to direct constraints – such as the lack of innovation in the formal banking industry or the lack of youth financial capabilities -, but also to general constraints including: 1) assets and social capital; 2) knowledge, information and adequate education; 3) the political process, and 4) input and output markets.
  • This report identifies several key messages for policy makers: 1) youth must be trained to improve their ‘financial literacy’, which will facilitate better links between young agripreneurs and formal financial institutions; 2) the capability of financial institutions to assess agricultural sector opportunities must be enhanced; 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
Connected themes
Share this post

Related items

Six key insights for green jobs for youth in Africa

The African green transition has the potential to create a plurality of job opportunities that help tackle the negative consequences of climate change: green jobs. To find out what is needed to facilitate green jobs for young people in Africa, INCLUDE and Palladium engaged in a collaborative research project in the context of the Challenge Fund for Youth Employment.

Siri profile picture
youth at work 2 pager
Youth @ Work: 5 pathways for change

How to address the African missing job crisis through green and digital jobs, while assuring that none is left behind? INCLUDE's recently published evidence synthesis paper series provides a number of potential solutions: they were discussed in the webinar series Youth@Work, from which we present five key insights.

Maya Turolla Profile
AERC Regional Policy Forum summary

The AERC hosted a virtual Regional Policy Forum on 28 March 2022. The forum brought together key stakeholders who play important roles in shaping new research findings, paving new policy directions, and initiating innovative practices in the areas of youth and employment.

Getting up to speed with inclusive development

The INCLUDE team’s reading list: March 2022 Every month we share with our readers a…

cairo-workers
Identifying Economic Sectors to Create Employment for Youth in Africa: key findings from selected country cases

Growth Sectors for Youth Employment (GSYE) is an African Economic Research Consortium (AERC) collaborative research…

John_maara_Photo_