FINAS 2026 summit to drive Africa agri-food financing push - Capital Business
Connect with us

Hi, what are you looking for?

Companies

FINAS 2026 summit to drive Africa agri-food financing push

The summit, set for June 30 to July 2, aims to address a financing gap of over $100 billion that continues to constrain productivity, food security and economic resilience across the continent.

NAIROBI, Kenya, April 28 – Nairobi will host over 1,000 stakeholders for the Financing Agri-Food Systems Sustainably (FINAS) 2026 Summit, in a renewed push to unlock capital for Africa’s agriculture sector.

The summit, set for June 30 to July 2, aims to address a financing gap of over $100 billion that continues to constrain productivity, food security and economic resilience across the continent.

Organised under the theme “Towards Sustainable Financial Architecture for Africa’s Food Systems,” the forum will focus on mobilising investment, aligning policies and strengthening partnerships.

Africa’s agri-food sector contributes between 20 and 30 percent of GDP in many countries and employs more than 60 percent of the workforce, yet it receives less than five percent of formal bank lending.

The gap has disproportionately affected smallholder farmers, women, youth and agri-SMEs, who produce up to 80 percent of the continent’s food supply.

Speaking during the launch, Rashid Khator, Secretary of Administration at the State Department for Agriculture, said the focus must now shift to measurable outcomes.

“The FINAS summit provides an opportunity to take stock of the funding in the sector and check if our goals have been realised,” he said.

“Financing must be results-oriented, delivering measurable outcomes to enhance agri-food sustainability.”

The summit will also explore new financing structures, including an Agricultural Development Fund, green finance frameworks and a private-sector-led working group to crowd in capital.

GIZ Kenya said the platform has evolved into a continental forum for strengthening partnerships.

“FINAS began as a national platform in 2024 and has advanced into a continental forum advancing agri-systems dialogue,” said Sophia Baumert, Project Manager for Sustainable Agricultural Systems and Policies.

Meanwhile, Alliance for a Green Revolution in Africa Vice President Hamadi Boga said the focus is on converting commitments into real investments.

“FINAS 2026 is about moving beyond commitments to coordinated delivery… translating policy ambitions into bankable investments that reach farmers and agri-enterprises,” he said.

The three-day summit will feature ministerial and CEO roundtables, side events and deal-making sessions aimed at boosting sustainable and inclusive agricultural financing across Africa.

Visited 47 times, 1 visit(s) today

More on Capital Business

Technology

Under the agreement, WildMango becomes one of OpenAI’s first SMB partners on the continent, enabling businesses, institutions and developers to adopt and scale AI...

Africa

NAIROBI, Kenya, Apr 22 – The Energy and Petroleum Regulatory Authority (EPRA) is calling for deeper research-driven collaboration among African countries to strengthen energy...

Companies

NAIROBI, Kenya, April 20 – US-based clean energy firm Beams Global is targeting expansion into Africa, with a focus on Kenya, Tanzania and Rwanda...

Kenya

The lender says the trend reflects a generational shift toward early wealth creation, with younger investors opting for simple, accessible, and liquid financial products.

Banks

Speaking in Nairobi, Equity Group Managing Director and CEO Dr. James Mwangi said while foreign investment remains important, local participation is critical to building...

Companies

NAIROBI, Kenya, Mar 27 – Rising diaspora remittances are fueling a renewed push into Kenya’s real estate sector, as developers market property as a...

World

According to Heba Salama, Chief Executive of COMESA’s Regional Investment Agency, FDI inflows into member states surged by 154 percent despite global economic headwinds.

Kenya

According to the firm’s 2026 Taste Charts, local consumers are increasingly seeking “swicy” combinations—blending sweet and spicy—as well as tart and culinary-inspired flavours.