Agriculture plays a dominant role in the economies of sub-Saharan African countries though productivity has historically lagged behind other regions. In the past two decades, agriculture has been re-prioritized in policy and governments are increasingly mobilizing funding from diverse sources to finance agricultural development projects.
Through the Comprehensive Africa Agriculture Development Programme (CAADP) adopted in 2003, African countries have re-prioritized agriculture as a key lever for development. This priority was reinforced with the Malabo Declaration in 2014, when African leaders pledged to boost investment and productivity in agriculture through increased mobilization of public and private funding.
Mobile money, or the use of mobile devices to send, receive, and transfer money digitally, is becoming more popular around the world and offers a potential pathway to increase financial inclusion among low-income populations in developing countries.