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.
Managing Director Agriculture - SNV EAST AND SOUTHERN AFRICA
“The issue of finance is key and a core element in promoting inclusive and sustainable agribusinesses. There is a need for innovative financing mechanisms to serve the missing middle SMEs by providing equity investments and loans. There are a number of interesting examples, but now is the time to bring these emerging solutions to scale.”
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.