KIGALI, Rwanda — President Paul Kagame has called for stronger government support to help young entrepreneurs access financing, particularly those seeking to invest in Africa’s agribusiness sector.

Speaking during a recent business discussion, Kagame said governments need to play a greater role in reducing the risks faced by young investors who may have viable business ideas but lack conventional collateral.

Limited access to finance remains one of the biggest obstacles facing young businesses, particularly in agriculture, where entrepreneurs often require significant capital before generating stable returns.

Kagame's comments come as Rwanda seeks to expand private-sector participation in economic growth and encourage greater investment in productive industries.

Agribusiness has significant potential for Rwanda, spanning farming, food processing, storage, logistics and agricultural exports.

The push for better financing mechanisms could encourage banks, investment funds and development institutions to develop products specifically designed for younger entrepreneurs.

Reducing the collateral gap could allow more young Rwandans to move from small-scale enterprises into larger commercially viable businesses.

The government is also seeking to make Rwanda more attractive to private investment by improving the business environment and strengthening export-oriented sectors.

For the private sector, increased youth participation could create new businesses and jobs while helping Rwanda build a stronger domestic investment base.

The latest call puts youth financing at the centre of Rwanda’s broader strategy to drive private-sector-led economic growth.