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Global Financial Institutions Challenged On Investing in Agriculture

by Staff Writer
September 24, 2021
in Business
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Kenya’s President Uhuru Kenyatta has challenged global financial institutions to ramp up investments in agriculture as part of their support for African economies.

“To support transformation of our economies, I would like to challenge our global financial institutions to innovate and design appropriate de-risking and financing instruments for increased investment in agriculture especially on the African continent,” Uhuru said.

Uhuru made the remarks Thursday during the virtual inaugural United Nations (UN) Food Systems Summit held on the margins of the ongoing UN General Assembly (UNGA 76).

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Uhuru urged financial institutions to support the innovation and design appropriate mechanisms that will help eliminate risks and losses in Africa’s agricultural sector.

 

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