Sustainable agriculture financing, a must-have conversation for Kenya 

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Agriculture-focused fintechs accounted for a disproportionately small share of the $880 million raised by Kenyan startups in 2023. FILE PHOTO | COURTESY


Participating in conversations around sustainable financing for Kenya’s agriculture in the past few months alongside some of the key players in this space has been quite a learning experience for me.

I have learnt, for example, that for all the buzz around the digital revolution in Kenya, only 15 percent of the country’s farmers use the fintechs – the companies whose technology platforms have made financial services more accessible and more affordable for businesses and consumers.

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Note: The results are not exact but very close to the actual.