Rwandan Youth in Agribusiness and African Agribusiness Incubators Network sign MoU to foster agribusiness development

The Rwanda Youth in Agribusiness Forum (RYAF) and the African Agribusiness Incubators Network (AAIN) on May 16, 2017 signed a Memorandum of Understanding (MoU) on youth in agribusiness capacity development in Rwanda.

The 5-year MoU, seeking to create and strengthen partnership relations between the two parties to support agriculture transformation through Agribusiness Incubation for job and wealth creation, was signed by Dr Alex Ariho, CEO of African Agribusiness Incubators Network, and Jean Baptiste Hategekimana, RYAF Chairman.

The signed MoU will include, among others, development of Youth in Agribusiness investment support strategies, with gender inclusiveness through input and output market development and linkages, agribusiness education, development of special agribusiness enterprises to serve as models for the enhancement of private sector engagement and participation in the ventures.

Both parties also agreed to promote capacity building in agribusiness incubation, technology development and commercialization, knowledge management, agribusiness incubation financing and youth entrepreneurship and shall endeavor to create favorable conditions to facilitate the establishment and growth of sustainable agribusiness incubation in Rwanda.

Speaking during the ceremony, the CEO of AAIN Dr Ariho said that their main is to work with Rwandan youth to take agribusiness to the next level; thus creating decent jobs and fight poverty.

“We are going to start together with resource mobilization to start a program called “start your own business. What we need is collective efforts,” said Ariho.

Rwandan youth engaged in agribusiness commended the new move; noting that the MoU will give a boost to their forum. Hategekimana, the RYAF Chairman, said that the signed MoU comes to strengthen the existing good relations between both parties. He for instance said that there are 10 members of the forum who are in Ghana pursuing a training on agribusiness thanks to AAIN support.

Launched in May last year, RYAF is a member-based, youthful, platform that aims to create a critical mass of change agents in Rwanda’s continued efforts to transform the agriculture sector from subsistence to commercially oriented farming. The forum has so far registered more than 1400 members running different agribusiness projects across the country.

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