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HARVEST MONEY EXPO

KAMPALA - The Korean Agri-Business Innovation Centre (K-ABIC) has introduced a new project known as Strengthening Capacity for Youth Agribusiness Development in Uganda (SCADU), aimed at skilling youth in agriculture.

K-ABIC, which is under the Korea Cooperation Agency (KOICA), is promoting SKADU to develop youth entrepreneurship in Uganda as a means to raise farmer incomes and help young people start their own businesses in agriculture.
 
One of the sponsors of the Harvest Money Expo 2024, KOICA announced, on August 21, 2023, the opening of the K-ABIC in Kampala as part of its project to raise youth entrepreneurial capacity to develop Ugandan agriculture.

Speaking at the event, Tonny Musisi, the communication associate of K-ABIC, said the project is focusing on youth in agribusiness and those who are looking to join the agribusiness production chain.

“If you apply for the Skadu Project, you will go through entrepreneurship training and consulting services, and at the end of the service, you will get access to some financial support for your business or your group,” Musisi said.

According to Musisi, K-ABIC is focusing on the youth because most young people ignore agriculture because they view it as a traditional activity.

K-ABIC is focusing on the youth because most young people ignore agriculture because they view it as a traditional activity. (All Photos by Herbert Mukasa)

“Most of them don't look at it as a source of income; they look at it as something that is old-fashioned, yet when you look at Uganda's gross domestic product, there is a lot of potential in agriculture,” Musisi said, adding that the innovation centre calls upon the youth to tap into agriculture regardless of their financial capability. 

“I know most of them want to join, but because they lack funding, there are issues with buying land and the equipment needed. Most of them have this mentality that to join agriculture, you have to have a lot of money, and that's not true,” he said. 

The SKADU project promises innovations as well as practical trainers and experts in the agricultural sector.

KOICA is one of the sponsors of the 2024 Harvest Money Expo, which is organised by Vision Group. 

Others include practical Netherlands Embassy, the Agricultural Advisory Services (NAADS), the Ministry of Agriculture, Animal Husbandry and Fisheries (MAAIF), Tunga Nutrition, Engineering Solutions (ENGSOL), Techo Serve, Uganda Investment Authority (UIA), Uganda Warehouse Receipt System Authority, dfcu Bank, Private Sector Foundation Uganda, AKVO International, Pepsi, and State House.