Thursday, July 16, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Agriculture

Côte d’Ivoire Moves to Strengthen Agricultural Finance and Risk Management

byAyotunde Abiodun
March 23, 2026
in Agriculture, Africa
0
Côte d’Ivoire Moves to Strengthen Agricultural Finance and Risk Management
12
VIEWS
Share on FacebookShare on Twitter

Côte d’Ivoire’s agriculture ministry has outlined plans to reduce risks and improve access to finance for farmers, addressing long-standing barriers to growth in a sector that remains central to the country’s economy. In an interview, Agriculture Minister Bruno Nabagné Koné said the government is developing individual insurance systems to protect farmers from unpredictable harvests and climate-related losses, a critical intervention for a sector heavily exposed to weather variability.

A key focus is attracting more funding to agriculture, which currently receives just six per cent of total business financing in the country. To address this, the government is working with banks and investors to improve farmer identification systems and train financial institutions to better understand agricultural business models. By strengthening the link between formal financial systems and agricultural producers, the government aims to expand access to credit and investment capital that can support productivity gains.

Koné highlighted the importance of the National Rice Development Strategy (SNDR 2.0), which seeks to boost domestic rice production and reduce reliance on imports. Support from institutions such as the World Bank and African Development Bank will be critical to implementing the strategy, particularly in expanding irrigation infrastructure—a priority for reducing dependence on rainfall and driving long-term growth. Rice is a staple food across West Africa, and Côte d’Ivoire’s efforts to increase self-sufficiency carry implications for regional food security and trade balances.

The broader reform agenda reflects a recognition that agricultural transformation requires not only improved production techniques but also the financial infrastructure and risk management tools that enable farmers to invest confidently. By addressing insurance gaps and financing constraints, Côte d’Ivoire aims to create conditions for sustained sectoral growth that can support rural employment, stabilise food prices, and contribute to overall economic resilience.

Tags: African Development BankAgricultural FinanceBruno Nabagné KonéCôte d’Ivoirefood securityirrigationrice productionrisk managementsmallholder farmersWorld Bank
Ayotunde Abiodun

Ayotunde Abiodun

Next Post
Nigerian Navy Intercepts 44,000 Litres of Illegally Refined Petroleum Products in Rivers

Nigerian Navy Intercepts 44,000 Litres of Illegally Refined Petroleum Products in Rivers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

African Development Bank Boosts Nigeria’s Climate-Smart Farming Growth

5 months ago
Dangote Unveils Ambitious 20,000MW Power Expansion Plan

Oil Prices Fall as Middle East Tensions Ease, Easing Supply Fears

1 month ago

Popular News

  • Dangote Refinery Cushions Nigeria Against Global Fuel Price Shocks – S&P Global

    Dangote Refinery Cushions Nigeria Against Global Fuel Price Shocks – S&P Global

    0 shares
    Share 0 Tweet 0
  • Abia Governor Otti Orders Immediate Payment of New NYSC State Allowances

    0 shares
    Share 0 Tweet 0
  • Nigeria Inflation Eases to 15.91% in June as Food Prices Continue to Rise

    0 shares
    Share 0 Tweet 0
  • Senate Approves N50 Million Support for Families of Teachers and Soldiers Killed in Oyo School Abduction

    0 shares
    Share 0 Tweet 0
  • NCAA bans pilot, suspends first officer over Asaba road-landing incident

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .