Home Africa What MAAIF ought to do to de-risk agriculture 

What MAAIF ought to do to de-risk agriculture 

What MAAIF ought to do to de-risk agriculture 

Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-09-16 15:09:05

In the financial year 2016/17, the Government of Uganda initiated a five-year fund worth Shs 25 billion to subsidize the insurance costs for farmers, offering protection against production risks such as adverse weather conditions, uncontrolled pest and disease infestations, etc. 

This initiative aimed to increase financing to the sector by safeguarding against the perceived high production risks faced by farmers who constitute a significant portion of the national population and contribute tremendously to our export earnings. The success of the initial 5-year subsidy program led to…

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