Some moments deserve a special mention.
Christian Mwijage, Managing Director of EcoAct (Tanzania), won the AFIF Entrepreneurship Award 2017. EcoAct Tanzania is a social enterprise established to address the challenges of urban waste management, plastic pollution, deforestation and climate change. EcoAct recycles and transforms consumer plastic waste into durable and environmentally friendly plastic lumber. The winner received a cash prize as well as a one-year media and social media promotion.
Senior Investment Officer - IFC - INTERNATIONAL FINANCE CORPORATION
"Since 2012 IFC has stepped up efforts to support Africa’s agribusiness sector. We are developing new products, such as local currency financing, risk sharing facilities, and comprehensive support to farmers through intermediaries. IFC also aims to further integrate its advisory services with investments, to provide more comprehensive support."
The role of the private sector has never been more important for the future of agriculture in Africa.
Financial inclusion remains a pressing concern in developing countries, and those without access to formal financial services may find it hard to access credit and savings facilities.
The commodity boom may be over, and barriers to doing business are everywhere. But Africa’s market of 1.2 billion people still holds huge promise.
Just improving farm yield is not enough to lift families and communities out of poverty – we also need to change the systems in which smallholders operate.