A Fresh Look on Agricultural Mechanisation. How Adapted Financial Solutions Can Make a Difference
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A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Ströh de Martínez, Christiane; Feddersen, Marietta; Speicher, Anna Research Report Food security in sub-Saharan Africa: a fresh look on agricultural mechanisation. How adapted financial solutions can make a difference Studies, No. 91 Provided in Cooperation with: German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), Bonn Suggested Citation: Ströh de Martínez, Christiane; Feddersen, Marietta; Speicher, Anna (2016) : Food security in sub-Saharan Africa: a fresh look on agricultural mechanisation. How adapted financial solutions can make a difference, Studies, No. 91, ISBN 978-3-96021-009-2, Deutsches Institut für Entwicklungspolitik (DIE), Bonn This Version is available at: http://hdl.handle.net/10419/199216 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu Food Security in Sub-Saharan Africa: A Fresh Look on Agricultural Mechanisation How adapted financial solutions can make a difference Food security in sub-Saharan Africa: a fresh look on agricultural mechanisation The German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) is a multidisciplinary research, policy advice and training institute for Germany’s bilateral and multilateral development cooperation. On the basis of independent research, it acts as consultant to public institutions in Germany and abroad on current issues of cooperation between developed and developing countries. Through its nine-month training course, the German Development Institute prepares German and European university graduates for careers in the field of development policy. Dr. Christiane Ströh de Martínez completed Master-level studies in International Economics and holds a PhD in Economics. In her PhD thesis she specialized in pro- poor financial sector development and microfinance. Her consulting work focuses on inclusive finance and local economic development, especially pro-poor agribusiness. As a process facilitator, she conceives and moderates workshops and learning events. Christiane is co-founder of joyn-coop, a development consulting company that stands for empowering pro-poor development. Besides financial sector development and agriculture, the company’s thematic expertise includes conflict and fragility, local development, and education and health. joyn-coop provides a variety of services such as research, feasibility studies, process facilitation, project monitoring and evaluation and impact studies. Marietta Feddersen holds a Master of Arts in Economics and Social Anthropology. Her previous employments with GIZ and the alternative asset management firm Finance in Motion have equipped her with extensive practise in the conceptualization, management and evaluation of capacity building projects in the field of financial sector development and development finance. Marietta is affiliated expert of joyn- coop. Anna Speicher holds a Master degree in political science. She combines work experience in the non-profit sector with consulting experience in development cooperation. Anna provides technical expertise in the area of agriculture and rural development. On this topic, she has been involved in large-scale studies, international information exchange, and advocacy work. Anna Speicher is a junior affiliated expert for joyn-coop. Studies Deutsches Institut für Entwicklungspolitik 91 Food security in sub-Saharan Africa: a fresh look on agricultural mechanisation How adapted financial solutions can make a difference Christiane Ströh de Martínez Marietta Feddersen Anna Speicher Bonn 2016 Studies / Deutsches Institut für Entwicklungspolitik ISSN 1860-0468 Die deutsche Nationalbibliothek verzeichnet diese Publikation in der Deutschen Nationalbibliografie; detaillierte bibliografische Daten sind im Internet über http://dnb.d-nb.de abrufbar. The Deutsche Nationalbibliothek lists this publication in the Deutsche Nationalbibliografie; detailed bibliographic data is available in the Internet at http://dnb.d-nb.de. ISBN 978-3-96021-009-2 Printed on eco-friendly, certified paper © Deutsches Institut für Entwicklungspolitik gGmbH Tulpenfeld 6, 53113 Bonn +49 (0)228 94927-0 +49 (0)228 94927-130 E-mail: [email protected] http://www.die-gdi.de Preface This study has been written in the frame of two DIE research projects. The first is “Promoting food security in rural sub-Saharan Africa: the role of agricultural intensification, social security and results-oriented approaches”, which is being funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) under its special initiative “One World, No Hunger” (SEWOH). The second project is “Mobilising capital for sustainable development”, which is also being funded by the BMZ. In the project “Promoting food security in rural sub-Saharan Africa”, special emphasis is put on the role of sustainable agricultural intensification and social security to promote food security while recognising that different approaches may be needed in fragile state contexts. It is explicitly acknowledged that the rural populations are not homogeneous and have differentiated development potentials and support needs (Rural Worlds). In line with the aid effectiveness agenda, the project also explores how the results orientation of food security interventions can be improved. The topics are allocated across eight working packages: 1. Conceptual framework: sustainable food security in rural sub-Saharan Africa 2. Agricultural growth corridors within the New Alliance for Food Security and Nutrition 3. Agro-ecological support of subsistence-oriented farms 4. Agricultural investments and finance in small-scale agriculture 5. Promoting irrigated agriculture 6. Social security systems, food security and long-term development 7. Fragility and its interaction with sector approaches to combating hunger 8. Results-based approaches and results-based management The project “Promoting food security in rural sub-Saharan Africa” seeks to cross the barriers between the different sectors and academic fields and to derive broader insights and recommendations on food security in rural areas. Cooperation is sought with other research organisations funded within the SEWOH initiative, with universities and think tanks, with projects of German development cooperation, with international organisations such as the International Fund for Agricultural Development and the World Bank, with civil society and the private sector. Results are spread through high-quality research papers and studies, policy briefs and opinion texts, electronic media, conferences, seminars and workshops. In this context and fully in line with the special initiative (SEWOH) of the BMZ, the DIE and the GIZ Sector Project “Agricultural Trade and Value Chains” launched a cross-sectoral knowledge platform on agricultural finance in March 2016. The national knowledge platform AgriFiP (“Agricultural Finance in Practice”) is designed to bridge existing gaps in communication, coordination and implementation between the agricultural and financial sectors on tailor-made financial services for agricultural clients. The knowledge platform’s focal point does not limit itself to a cross-sectoral and multi-level approach. AgriFiP defines its scope through the deliberate incorporation of practitioners in the entire dialogue, and thus makes an important difference to other existing platforms and working groups. It is hoped that in this way the project can make an important contribution to the German and international agenda for creating a world without hunger. The project “Mobilising capital for sustainable development” examines how the quantity and quality of capital for financing the 2030 Agenda can be enhanced. The project has two research strands. The first strand focusses on international trade and investment regimes and their consequences on developing countries. The second strand, within which this study was written, focusses on innovative approaches for financing sustainable development, including for instance green bonds, local currency bond market development and, notably, value chain finance. The project also seeks to identify measures to improve the regulatory and policy environments in developing countries in a way that allows for mobilising higher levels of capital for investment. The identification of such measures is also a central concern of the study “Food security in sub-Saharan Africa: A fresh look on agricultural