Kenya’s agriculture sector faces significant challenges such as land fragmentation, inefficient farming methods, climate change, and a financing gap, which threaten food security and economic growth. However, the country can overcome these issues by embracing innovative solutions, particularly through agricultural corporations with a shared ownership model.This model involves local landowners, technical partners, and county governments collaborating to streamline farming operations and ensure equitable distribution of benefits. Local landowners would contribute land as equity for shares in agricultural corporations, allowing them to access better infrastructure and modern farming techniques without losing ownership. Technical partners, such as agronomists and seed producers, would provide expertise, while county governments would support planning, zoning, and infrastructure.A successful example is Malaysia’s palm oil industry, where landowners contributed land for equity in agricultural corporations, enabling them to benefit from large-scale production. Kenya could apply a similar approach, focusing on crops like tea, coffee, or palm oil, to integrate small farmers into large-scale operations, boost production, and create jobs.Land consolidation and zoning regulations could optimize land use, while innovative financing mechanisms like convertible equities, County Bonds, and green financing could support agricultural transformation. Green farming techniques would also position Kenya as a leader in sustainable agriculture.By adopting these strategies, Kenya can address agricultural challenges, boost rural development, create jobs, and enhance economic growth, ensuring agriculture remains vital to its future. (ICE NAIROBI)

Fonte notizia: Business Daily