Kenya’s agricultural sector, pivotal to the nation’s economy, grapples with a significant challenge: inadequate financing. Despite agriculture contributing a hefty 33% to the GDP, only a slim 3.2% of Kenyans engage in formal borrowing for farming activities.

To tackle this, the Ministry of Agriculture, in collaboration with Rootooba, is gearing up for the Financing Agriculture Sustainably Conference (FINAS2024) on March 27-28, 2024.

The conference aims to be a melting pot for key agricultural players, from farmers to financiers, discussing sustainable financing solutions.

Mary Mwiti, CEO of the Council of Governors, stresses the importance of county collaboration in empowering farmers, while Paul Rono, PS of Agriculture, envisions transforming Kenya’s fertile land into a more efficient and profitable agricultural ecosystem.

FINAS2024, supported by GIZ, FSD-Kenya, and AGRA, is set to catalyze a transformation in agricultural financing.

What is in this for us? By fostering dialogue among diverse stakeholders, the conference seeks to bridge the financing gap and unleash the sector’s full potential, promising a more sustainable and prosperous future for Kenyan agriculture.