The African Agribusiness Incubators Network (AAIN) and the African Union–Interafrican Bureau for Animal Resources (AU-IBAR) have signed a Memorandum of Understanding (MoU) aimed at strengthening Africa’s agribusiness incubation and acceleration ecosystem.
The agreement was signed during the 11th African Agribusiness Incubation and Acceleration Conference and Expo (AAICE 2026) held in Bujumbura, Burundi.
The partnership is expected to enhance collaboration in agribusiness innovation, entrepreneurship, knowledge sharing, capacity building, and the development of sustainable agrifood systems across the continent.
Under the agreement, AAIN and AU-IBAR will work together to support agribusiness incubators, entrepreneurs, innovators, and enterprises through initiatives designed to promote business growth, improve innovation ecosystems, and strengthen food systems.
The collaboration also aligns with the African Union’s Agenda 2063 and the Comprehensive Africa Agriculture Development Programme (CAADP) Kampala Declaration, both of which recognise agribusiness incubation as an important mechanism for creating employment opportunities, particularly for young people and women, while advancing food security, economic transformation, and climate resilience.
The two organisations said the partnership will contribute to expanding opportunities for agribusiness enterprises and fostering a more resilient agricultural sector capable of supporting inclusive economic development across Africa.
AAIN also acknowledged the support of the African Union Commission, AU-IBAR, the Government of Burundi, the African Development Bank, and other partners for their continued commitment to advancing agribusiness development and innovation on the continent.