Africa’s rural transformation will not be delivered by finance alone. It will depend on whether public finance, private capital, science and markets can be connected more effectively to the people and places where growth begins.
The first mile.
At the
#AfricaForward Summit, my discussions with development finance, private sector and research partners reinforced the importance of building stronger partnerships that can turn investment into lasting rural transformation.
In my meeting with Christophe Lecourtier , CEO of
@AFD_en , we discussed a new strategic phase in the
@IFAD-AFD partnership, building on our complementary strengths. We have successfully combined IFAD’s reach to small-scale producers and rural communities with AFD’s ability to mobilize financing at scale. The signing of the statement on cooperation for the Climate-Smart Smallholder Dairy Transformation Project in Tanzania provides a concrete example of this partnership in action, with the potential to support climate resilience, nutrition and incomes for smallholder dairy producers. IFAD and AFD now want to add to our cooperation by mobilising both French and local private sector together at the first mile.
This also connects directly to my discussion with Antoine de Saint-Affrique, CEO of
@Danone , where we explored how private sector partnerships can strengthen inclusive dairy value chains and nutrition-sensitive rural transformation. IFAD can help create the first-mile conditions for investment through farmer aggregation, rural infrastructure and capacity building, while partners like Danone can bring expertise in sourcing, processing and market integration.
With Dr. James Mwangi, CEO of
@KeEquityBank, we discussed how inclusive rural finance can be scaled across Eastern Africa through stronger financial ecosystems, blended finance and partnerships with African commercial banks. The IFAD-Equity partnership, including ARCAFIM, has the potential to become an important platform for expanding agricultural lending while embedding climate adaptation and maintaining strong donor confidence.
At the Summit, I strengthened IFAD’s collaboration with French research agencies
@Cirad ,
@INRAE_France and
@ird_fr. By formalising this partnership, we can better connect scientific evidence to programme design, investment decisions and practical solutions for smallholder farmers facing climate, productivity and food systems challenges.
These discussions and signings all point in the same direction. Financing the first mile requires more than capital alone. It requires the right partners, the right evidence and the right market connections to turn investment into lasting rural transformation.
#FinancingTheFirstMile