The 4th African Youth Agripreneur Forum (AYAF) and AgriPitch Competition is an annual event of the African Development Bank’s Enable Youth Program which will be held virtually in a series of 4 webinar discussion panels from the 27th of October 2020 to the 17th of November 2020. The final pitching by the agripreneurs will take place during the week of the 17th – 20th November 2020. The theme for the AYAF is, “Driving Sustainable Nutrition and Gender Inclusivity in Africa’s Agri-Food Systems: Youth Agripreneurs Seize the Decade”. The objective will be to highlight how youth agripreneurs can address nutrition and gender inclusivity while serving as entrepreneurial leaders within their communities and being actively involved in the African agribusiness sector that is projected to become a trillion-dollar sector by 2030.
The AYAF event is expected to attract participants from across the world, including youth agripreneurs, agribusiness companies, investors, nutrition experts, gender experts, academia, development partners and government agencies. It includes a three-day AgriPitch boot camp where pre-selected agripreneurs receive training on product development, identification of revenue channels, logistics, marketing, business management, investment readiness, financing, etc. by coaches, mentors and investors. At the end of the boot camp, the agripreneurs pitch their business proposals to a panel of judges for the chance to win a monetary prize. In parallel, entrepreneurs also hold one on one meetings in the AYAF DealRoom where they meet invited investors who are focusing on companies of their size, stage and sector.
This is suitable for Agribusinesses that are in one of following categories: Youth with early stage Start-ups, Mature Start-ups, and Women Empowered Businesses
African companies that meet the criteria are encouraged to submit their deal information for review.
Shortlisted businesses will participate in a virtual AgriPitch Competition from November 16-20, 2020, where winners will be chosen based on different categories under consideration. The African Development Bank will award shortlisted businesses between US$10,000 and US$40,000 in the form of grant capital (US$120,000 in total is committed).
For more details on how to apply, visit AfDB-AYAF Agripreneur