The livestock sector remains a crucial driver of economic growth and development across Africa. In Kenya, it supports 25 million livelihoods while contributing 42 percent to the national agricultural GDP with a value of over $10 billion. The demand for livestock products is poised to grow by 50 percent by 2030.
But despite its pivotal role, the sector is fraught with numerous challenges chief among them financing. Even as private sector-led investment in the overall agriculture sector continues on a meteoric rise, livestock-focused investment has been negligible. Only 10 percent of the $500 million investment in agriculture since 2015 has gone into livestock-related ventures.