Agriculture is key to Kenya’s economy and forms its backbone, contributing 26 per cent of the Gross Domestic Product (GDP) and another 27 per cent of GDP indirectly through linkages with other sectors. More than 75 percent of Kenyans make some part of their living in agriculture. Productivity has gradually stagnated in recent years despite continuous population growth depriving the country to food security. Maximum yields have not been achieved in Kenya’s about 20 percent land suitable for farming.
Currently 46% of the population live on less than 1 USD a day, 36.5% are food insecure and 35% of children under five are stunted (chronically malnourished) in Kenya. Kenya’s population has increased significantly and at the current rate of growth, it will be reaching 81 million in 2039.
What opportunities should SMEs be looking out for to build scalable businesses in the AgriBusiness and AgroIndustry Value Chains?
|Ms. Ann Mwangi, Founder Medev Dairy Farm||Ms. Elizabeth Mudogo,
Agriculture digital business product manager Safaricom, Digifarm
Director General , Agriculture and Food Authority