Burundi-Entrepreneurship: Official launch of the Agro-Business Youth Incubator.

The Burundian Permanent Secretary at the Ministry of the Environment, Agriculture, and Livestock, Mr. Dieudonné Manirambona, launched Tuesday, November 13, 2018, Bujumbura, the Agro-business youth incubator named “Youth agribusiness incubator” (YAIN) as part of World Entrepreneurship Week, which runs from 12 to 16 November 2018 under the theme “access to finance”.

The Permanent Secretary in the Ministry of Agriculture, for this purpose, recalled that in order to reduce the unemployment and poverty that handicap the country, the government has put in place priority actions covering the period 2018-2022.

He said the YAIN youth incubator will provide an environment to exploit many opportunities for agricultural entrepreneurship for Burundian youth to reduce unemployment, poverty and food insecurity by the creation of enterprises and cooperatives oriented towards the agro-pastoral sector.

The legal representative of YAIN, Mr. Aristide Ihorimbere reported that the latter is an incubator of young entrepreneurs who work in all agro-pastoral sectors like beekeeping, fish farming, Poultry farming, aquaculture, cattl and small ruminants rearing, as well as in agro-food processing.

Mr. Ihorimbere said that the idea to make the incubator is born after having found that there are many young people who have failed when supervising PRODEFIFIDA, in its youth employment project in
rural communities (EJR) united with other young people in agribusiness.

These young people are facing incompetence that results from a lack of knowledge to better start and lead in a rational way income-generating activities.

YAIN comes to help young people, teach them how to do things, guide them to microfinance institutions and banks so that they can have capital. Because of this, they may be included in networks of bosses who have large land to cultivate in order to work in synergy in the construction of cooperatives.

The representative of YAIN met some of the challenges that hamper the development of a young entrepreneur, including the lack of access to finance because he does not have what to mortgage, the lack of supervision, and the problem of lack of packaging during the transformation that is a daunting challenge.

To this end, he asked the Government to give the authorization entrepreneurs to import packages without taxing them. Economic operators are called upon to invest in packaging by creating companies that manufacture them.

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