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Uhuru challenges global financial institutions to invest in agriculture

Story Highlights
  • Uhuru listed five strategies the country has deployed towards enhancing food production systems among them the provision of relevant information to farmers and traders through national e-voucher programme as well as extension and advisory services, market information systems and commodity exchange services.
  • President Kenyatta said the Government had harnessed the power of innovation and digital technologies in agriculture as well as fostering an environment that allows innovators to contribute to agricultural transformation. “Using mobile technologies, we are equipping our farmers with information on markets and inputs. We will further use these apps in the deployment of extension services across our country,” the President said.

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,” the President said.

He spoke in a pre-recorded video statement delivered on Thursday during the virtual inaugural United Nations (UN) Food Systems Summit held on the margins of the ongoing UN General Assembly (UNGA 76).

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

KENYA’S PART

The President said as part of Kenya’s commitment to investing in sustainable and resilient food systems, his administration has developed a food systems call to action that is data driven, inclusive and innovative.

He added that Kenya’s unique food system encompasses rich and diverse diets as well as a climate resilient livelihoods plan, a combination that has ensured significant progress towards 100 percent food and nutrition security in the country.

Uhuru listed five strategies the country has deployed towards enhancing food production systems among them the provision of relevant information to farmers and traders through national e-voucher programme as well as extension and advisory services, market information systems and commodity exchange services.

This even as drought ravages 11 counties mostly in Northeastern and subjecting millions to hunger.

Uhuru said the Kenyan Government was determined to fully re-engaged the youth in food production through the revival of 4-K and Young Farmers clubs so as to ignite their passion for agriculture and teach them about healthy diets.

“We are also increasing access to nutritious foods and diversifying the diets by bringing back forgotten and neglected traditional foods, investing in fisheries, aquaculture, livestock, fruits, and vegetable farming,” he said.

He added that his Government had also expanded school feeding and school milk programmes.

“As the global youth champion, I am pleased that Kenya is taking leadership in the School Meals Coalition as a critical driver to institutionalising nutrition-based school feeding programmes in all participating countries,” the President said.

President Kenyatta said the Government had harnessed the power of innovation and digital technologies in agriculture as well as fostering an environment that allows innovators to contribute to agricultural transformation.

“Using mobile technologies, we are equipping our farmers with information on markets and inputs. We will further use these apps in the deployment of extension services across our country,” the President said.

Source
The Star

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