Eugenia Saini is currently FONTAGRO’s Executive Secretary. FONTAGRO is the Regional Fund for Agricultural Technology. She leads the investment fund and a portfolio of 70 international operations related to science, technology, and innovation for the Latin America and the Caribbean region. She is from Argentina and is an agronomist by training. She holds a doctorate in agricultural sciences, specializing in total factor productivity analysis. One of her seminal works in this field was the estimation of 120 years of TFP for the agricultural sector in Argentina. She is also a National Public Accountant and holds an MS in Food and Agribusiness and an MS in Applied Economics, both from Universidad de Buenos Aires. She has worked in the private and public sectors, both nationally and internationally, especially in multilateral banks. She was awarded a Fulbright Scholarship at Cornell University and, more recently, with the Abshire-Inamori Leadership Academy (AILA) Scholarship at the Center for Strategic & International Studies (CSIS) in Washington, D.C.
Cameroon
As an international financial institution working to alleviate rural poverty, the International Fund for Agricultural Development (IFAD) has provided $18.5 billion in grants and low-interest loans to projects since 1978 that have reached about 464 million people. To address challenges of youth development throughout many of its country programs, IFAD is promoting a new approach to agriculture and rural development: youth-sensitive development, incorporating aspirations and concerns of youth and targeting specific programs and policy toward agribusiness improvements so youth can succeed.
In Cameroon, 50 percent of the economically active population is involved in agriculture. Youth in rural Cameroon are particularly vulnerable to poverty and are unable to access improved seeds, fertilizers, mechanization or irrigation. Agriculture’s importance will rise as Cameroon’s oil revenue declines.
IFAD’s Youth Agropastoral Entrepreneurship Promotion Program (PEA-Youth) is focused on improving the productivity and sustainability of agriculture and helping young people develop viable agropastoral businesses. Using a model of “business incubators”, youth gain access to services such as mentoring, along with skills training for business creation and management, training in technical skills, access to finance and financial education.
The program also helps the government of Cameroon improve the institutional and legal frameworks of public policy so that youth can access land. By completion in 2021, the program should reach nearly 40 percent of the youth population living in rural areas and benefit 50,400 households.