Money laundering, terrorism financing, and the recently highlighted proliferation financing are risks with far-reaching consequences for the global financial system, and African economies have not been spared. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd =…
Author: By John Kamau
Sapling of growing plants on stacked coins and fertile soil, the concept for investment for agriculture and cultivation. [Getty Images] In development discussions, the challenge of “sealing the leaking pipeline” in the financing of agriculture and food systems is gaining prominence. Conversations, such as those recently hosted by PwC with experts from government, farmer organisations, financial institutions, development partners, agribusinesses, and governance, consistently reveal a key paradox: a significant discrepancy exists between agriculture’s vital economic contributions—for instance, its substantial share of Kenya’s GDP (33 per cent) and its employment of a large portion of the population (70 per cent of…