As Kenya’s agricultural sector undergoes a pivotal transformation, stakeholders are gearing up for the inaugural Financing Sustainable Agricultural Transformation Conference 2023 (FSAT 2023), scheduled for October 25-26. In the wake of the four-year milestone since the launch of the Agricultural Sector Transformation and Growth Strategy (ASTGS), FSAT 2023 aims to assess the current investment plan’s impact, address gaps, and align funding with the Bottom-Up Economic Transformation Agenda (BETA) agricultural priorities of the new administration.
Organized by Rootooba in collaboration with the Government of Kenya and key partners in the agriculture sector, FSAT 2023 promises to be a landmark event for the agricultural community. The conference will convene industry experts, policy makers, and financial solution providers to deliberate on financing strategies and models tailored to the sector’s diverse needs.
Key Discussion Points:
- Reviewing Financing Options: FSAT 2023 will take stock of Kenya’s existing agricultural financing options and identify bottlenecks in the system.
- Adapting Financing Approaches: The conference aims to repurpose financing approaches to suit the evolving agricultural ecosystem and its specific needs.
- Accurate Resource Determination: Participants will propose methods for accurately determining the required level of agricultural financing, laying the groundwork for effective policies.
- Public-Private Alignment: FSAT 2023 seeks to align and propose financing solutions that bridge the gap between public and private sector initiatives, ensuring the agricultural sector is business-ready for financing solution providers.
- A One-Stop Shop for Enterprises: The conference will provide a platform for small, medium, and large agricultural enterprises to engage with financing solution providers, fostering collaboration and innovation.
Expected Outcomes:
- Agricultural Financing Landscape: FSAT 2023 will compile a checklist of available agricultural financing options in Kenya, shedding light on their constraints.
- Enhanced Financing Approaches: Proposals for improved financing approaches will be put forward, enhancing the sector’s growth prospects.
- Policy Enhancement: Participants will recommend measures to create a more conducive policy environment for agricultural sector financing.
- Alignment for Growth: The conference aims to foster alignment between sector needs and public-private financing solutions, promoting sustainable development.
FSAT 2023 promises to be a catalyst for change in Kenya’s agricultural landscape, addressing critical financing challenges and paving the way for a more prosperous and sustainable agricultural future. Stakeholders are urged to register as exhibitors and actively participate in shaping the future of Kenya’s agricultural sector.