Youth Agri Enterprise (YAE) is an annual program that will be coordinated by Human Development International (hdikenya.org). Human Development International is a non-profit organisation whose main focus is to support small holder rural farmers to practice sustainable farming since 2011.
Youth Agri Enterprise formed in 2019 to stimulate income-generating rural enterprises based upon the energies and skills of youth. Read More…
Today and for many years to come Agriculture is and will remain to be the most important economic sectors and the largest employer in Kenya and Africa in general. Three out of four poor people in developing countries live in rural areas and most of them depend directly or indirectly on agriculture for their livelihood. Agricultural development remains the main catalyst for
- Economic Progression
- Employment Creation
- Food Security and Safety
- Poverty Reduction
Despite its crucial importance for most developing economies, agricultural productivity and investment into agriculture remains at low levels, often due to limited access to technical /extension support and financial services.
Without access to formal finance for improved technology and inputs, many farmers and agricultural enterprises remain stuck in low investment and low return production cycles.
Appropriate technical and financial instruments used at the right time can and will stimulate
- Greater efficiency
- Improve product quality
- Increase the incomes of the rural population
Despite increasing demand, technical and financial institutions in developing countries often do not offer suitable products and services and also hesitate to expand into rural agricultural sector. Reasons for this trend include high transaction costs, information asymmetry and the general vulnerability of the sector to external events such as extreme weather, climate change or disease.
WHY YOUTH IN AGRIBUSINESS?
There is 364 million Africans between the ages of 15-35. By 2045, the number of African youth is expected to double. 10-12 million new young workers seek employment every year.
Urbanization with delayed industrialization has led and will continue leading to “jobless growth” .Up to 60% of Africa’s unemployed are young adults, this proportion is growing every year and it’s obvious that Africa’s youth are better educated but to many lack business skills.
Therefore, Rural transformation requires that new and profitable ventures be initiated rapidly and widely focusing on the main economic activities that can both feed and support these populations.
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