This launch is a follow up to Disruptive Agricultural Technology Challenge and Conference, held in April 2019, that discussed various opportunities offered by disruptive digital technologies to increase productivity, access to services and market access in the agricultural sector in Kenya. After the two days, 14 of the most promising digital technology innovators in agriculture in Kenya were awarded to be members of the One Million Farmer platform. The initiative aims to create a platform that leverages disruptive agricultural technologies to reach one million farmers and enhance their productivity, profitability and resilience.
Launch of the One Million Farmer platform
The initiative works with support from Ministry of Agriculture, Livestock, Fisheries and Irrigation (MoALFI) and the counties to ensure its success. The initiative is organised around four themes and challenges faced in Kenyan agriculture:
- access to extension and other services;
- access to financial services;
- access to markets;
- and data-driven applications.
The event includes a formal launch of partnership between 16 counties across Kenya and the 14 innovators identified through the Challenge. It also includes several panel discussions focused on the operationalisation of the One Million Farmer Platform through the above partnerships.
The World Bank Group consists of five organizations: The International Bank for Reconstruction and Development The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries. The International Development Association The International Development Association (IDA) provides interest-free loans — called credits — and grants to governments of the poorest countries. Together, IBRD and IDA make up the World Bank. The International Finance Corporation The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. The Multilateral Investment Guarantee Agency The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people’s lives. MIGA fulfills this mandate by offering political risk insurance (guarantees) to investors and lenders. The International Centre for Settlement of Investment Disputes The International Centre for Settlement of Investment Disputes (ICSID) provides international facilities for conciliation and arbitration of investment disputes.
Ministry of Agriculture, Livestock and Fisheries
Ministry of Agriculture, Livestock and Fisheries, Kenya
The Korea-World Bank Partnership Facility will provide $90 million over three years to finance global and regional projects to support economic development and co-financing investments at the country level. The emphasis will be on generating and transferring development best practices, with low and lower middle income countries eligible for funding under the new facility.