According to world bank statistics, Most Africans fund their own agricultural project from pocket.
This means that they risk their income and savings hoping to turn it into profit. These minimal resources are already strained from the high dependency rates in Africa. In the western world, we find youths are supported by both their parents and even grandparents. The scenario is reversed, where we see relatives relying on the person who is ahead economically and thus limiting their investment efforts.
The financiers require a myriad of demands that the youth must provide upfront to access these funds. The youth are young and mostly from poor families and don’t have assets like land, car, machinery, etc. to act as collateral in exchange to the money needed to start their agripreunership journey. This in turn leads to the cycle of poverty, exploitation, and dependency.
The lack of proper farming practices leaves the few youths who start in a worse state than when they started because they don’t have the resources to treat farming as a laboratory.
At this point, it’s a gambling game of win or loses. This also in turn depends on factors like weather patterns, market forces, labor, and pest management.
The biggest challenge however is psychological. Systemic injustices ensure that a population remains inferior without much resistance. The youth grow seeing their parents shunning away from financial support because of fear of auctioneers and deals gone wrong.