Positioning Kenyan Livestock Sector for Impact Investment

credit: Veectors

It's no secret that Africa's livestock industry plays a big role in the region's economy.

In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business Daily.

But even as private sector investment in the overall agriculture sector is on the rise, only 10% of the $500 million investment in Kenya's agriculture since 2015 has gone into livestock-related ventures.

A new study by the International Livestock Research Institute, AgThrive, and Gatsby Africa finds three key factors are holding back investment in the sector: the "informality of businesses, production-level risks, and the absence of 'investor-ready' businesses," per the study.

The study also found that impact investors, who seek to create a positive social or environmental impact, weigh various risks, including market volatility, unprofessionalism in supply chain inefficiencies, lack of environmental sustainability, and regulatory compliance, when evaluating livestock-related businesses for investment.

To attract investment, businesses should "put in place tools for transparent tracking of the supply chain" and "develop a clear, sustainable business plan," the study says.

They should also "put in place tools for transparent tracking of the supply chain" and "mutually engage with local banks, and institutions to better understand

Read the Entire Article

How's Your Community Doing?
Check Out it's
Community Vital Signs

Nurse at Ssm Health St. Agnes in Fond Du Lac Earns Nightingale Award
Foundation: Oshkosh Area Community Foundation

A nurse in Fond du Lac, Wis., is this year's recipient of the DAISY Award, given to those who go "above and beyond" to provide excellent patient care. Haley Birschbach, a nurse in medical...more

Highmark Charitable Fund Awards Grants to West Virginia Nonprofits
Foundation: Highmark Foundation

The American Heart Association will be getting a CPR kit in West Virginia schools thanks to a hefty grant from the Highmark Foundation, the Charleston Gazette-Mail reports. The foundation's West...more

The Museum at Warm Springs Receives $20,000 in Operating Support from Oregon ...
Foundation: Oregon Community Foundation

An Oregon museum that tells the story of the Confederated Tribes of Warm Springs is getting a major upgrade after a $20,000 grant from the Oregon Community Foundation, KTVZ reports. "On behalf of...more

Esteemed Counseling Service Launches Restorative Justice Practices

"If you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a desk, you flip over a...more

Chs Students Awarded over $365000 during Scholarship Night

A 17-year-old from Coldwater, Mich., has become the first of his family to receive a college scholarship after graduating from high school. The Detroit Free Press reports that Owen Callahan was...more

Business Conference Puts Suny Fredonia on Map

"Ask a random person on the street if they can explain the purpose of business analytics, and you can expect a blank stare in return," State University of New York at Fredonia professorustav Misra...more

Record-Breaking Funds Raised At Sold-Out Inaugural Wellington Derby Fundraiser

The Florida community of Wellington is known for its impeccable sense of fashion and fine dining, and now it's adding a little something extra to the mix: the Kentucky Derby. The Palm Beach Post...more

Innovation on Wheels: District Debuts Mobile Units for 21St-Century Learning

"It is almost like we are throwing the fish net out now for our students, so we are trying to learn our students first before we go in-depth with the other concepts." That's what a South Carolina...more

Emerging Fundraising

The UN's children's agency is trying to use technology to change the way it does business. UNICEF's Innovative Finance Hub has launched a project called "Transforming Lives: Achieving Positive...more

Mount Sinai Awarded $6.6 Million from Nationa

More than 6.6 million people in the US are affected by alopecia areata, a disease that causes hair to fall out of the scalp and beard, usually before the age of 20. There's currently no treatment...more