Agri-Fintech solutions for youth: Developing financial products tailored for young Nigerian farmers

Abstract

Access to finance remains a critical barrier for young Nigerian farmers, despite agriculture being a pivotal sector for job creation and food security. Agri-fintech—the intersection of agriculture and financial technology—has emerged as a transformative avenue for delivering customized financial products to this demographic. This research review explores the landscape of agri-fintech innovations tailored for young farmers in Nigeria, assesses the suitability of current financial products, examines theoretical and conceptual models underpinning youth engagement in agri-finance, and synthesizes empirical findings from recent studies. Key themes include mobile lending, blockchain-enabled supply chains, micro-insurance, and digital savings. The paper concludes with policy implications for youth-centric agri-fintech design, financial inclusion, and sustainable agricultural development.

Keywords: Agri-fintech, Youth, Innovation, Development, Nigeria, Rural