Heifer International makes strong case for use of catalytic financing and technology to boost progress of Africa’s food systems

KBC Digital
5 Min Read
'Heifer's SVP Africa, Adesuwa Ifedi (centre) at last year's conference - then called AGRF' in Darsaalam Tanzania

Heifer International, a global nonprofit organization, leveraging technology and innovation, and working with key government and development partners to end hunger and poverty, will engage stakeholders at the Africa Food Systems Forum 2024, (AFS Forum 2024).

The organization will deepen the conversation with key stakeholders on how innovative financing can catalyze technology integration that enables smallholder farmers to improve productivity. The AFS Forum, Africa’s leading platform for dialogue and collaboration on food security, will be held September 2 – 6 in Kigali, Rwanda.

It brings together thousands of industry leaders, policymakers, innovators, development agencies, private sector giants, farmers, and agripreneurs to discuss critical challenges and opportunities in Africa’s food systems. Rwanda’s President Paul Kagame will join other world leaders at the event, in a demonstration of the high-level commitment to addressing challenges facing Africa’s food systems.

Organised by AGRA, the AFS Forum is widely considered the continent’s biggest gathering of stakeholders in the agriculture sector. The theme for this year’s event is ‘Innovate, Accelerate and Scale: Delivering Food Systems Transformation in a Digital and Climate Era’.

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At this year’s summit, Heifer International, along with strategic partners, young innovators, and smallholder farming organizations within Heifer’s ecosystem, will highlight their experiences at various sessions and side events during the summit, in what the organization hopes will inspire collaborative action and drive change in the area of leveraging innovative financing to accelerate technology integration in agriculture.

Heifer’s Mechanisation for Africa project presents an important illustration of the possibilities of a unique model of applying catalytic funding to innovation that drives transformation in agriculture.

In a report released earlier this year, the organization showed how Heifer’s innovative financing of a tech-led tractor leasing initiative created by agritech company, Hello Tractor, catalysed the initiative’s expansion, unlocking commercial capital, and powering beneficiary smallholder farmers in the pilot phase to over 200% increase in income. The initiative also created over 250 jobs for young Africans as tractor owners, booking agents, tractor operators and technicians.

“We are inspired by the incredible contributions that young visionary African innovators can make towards transforming our food systems and we are actively backing their innovations. Through our various programs, especially AYuTe NextGen, we provide the catalytic financing and market knowledge that these innovators need to iterate and scale their agritech solutions for challenges faced by smallholder farmers,” noted Adesuwa Ifedi, a Senior Vice President, of Africa Programs, of Heifer International.

“With the integration of finance and technology, we are able to move smallholder farmers from sustenance to a business and support them to take their businesses to scale and profitability, while creating much-needed new jobs across the value chain for young people. Working alongside smallholder farmers through this journey has informed our reflections on what is critical to transform Africa’s food systems. At this year’s AFS forum, we will be engaging with critical partners, stakeholders, and policymakers, to continue to deepen this conversation, leveraging on our experience, to fast-track the food systems transformation we all seek.”  Added Adesuwa Ifedi

This year, Heifer will be attending the 2024 AFS Forum with several young innovators from six African countries who the organisation has been working with to strengthen their innovations to support smallholder farmers on the continent. Heifer says it is excited to give an opportunity for generations to connect in agriculture, recognizing that the future of Africa’s agriculture will be dependent on the next generation and their capacity to introduce fit for purpose technology and innovation into the sector.

Delegates at the 2024 AFS Forum are expected to spotlight and discuss innovations, technological advances, policies, business models, and investments required to accelerate sustainable food systems transformation in Africa.

The gathering also presents public and private sector leaders another opportunity to discuss the urgent need and modalities of achieving the Sustainable Development Goals (SDGs) by 2030 and meet the Malabo Declaration’s commitments by 2025.

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