Agricultural Investment and Food Security Training Course

Duration 5 days 10 modules · 33 contact hours
Level Intermediate Certificate on completion
Who attends Agricultural investment officers, Development finance professionals and others
Fee from USD 1,100 KSh 95,000 for Kenyan organisations
Where 52 cities + online See dates by city
Next start 16 Nov 2026 Course code SD-FS-037

Before you join: Participants should have practical exposure to agriculture, food security, rural development, agribusiness, finance or public investment decisions.

Dates & prices

Two start dates a month in every city, and live online on weekdays or weekends. Fees are per participant; classroom fees include tuition, materials, lunch and refreshments, and the certificate.

Suggest a date or city

Showing the next six months. Later dates, other cities and private deliveries for your team are available on request.

Course overview

Agricultural investment decisions must balance commercial viability with food-security outcomes. An irrigation scheme, storage network, input-finance facility or agribusiness fund may raise production and incomes, yet still exclude smallholders, increase water pressure, worsen debt exposure or leave poor households unable to afford food. Governments, development finance institutions, NGOs and agribusiness investors need a disciplined basis for assessing returns, risks, distributional effects and safeguards before committing capital.

This course examines the economics of agricultural investment and its links to food availability, access, utilisation and stability. Participants assess farm and value-chain investments using enterprise budgets, gross margins, discounted cash flow, net present value, internal rate of return, sensitivity analysis and scenario analysis. They interpret food-security indicators, analyse market prices and trade incentives, assess land and water risks, and connect investment choices to household income, diets, resilience and employment.

Teaching combines short instructor briefings with worked cases, group analysis, investment appraisal simulations and structured application planning. Cases reflect decisions faced by public agricultural programmes, food-system projects, lenders, impact investors and humanitarian recovery teams. Participants build an agricultural investment appraisal pack containing a results framework, financial model assumptions, food-security indicator set, risk register and investment action plan. The course is delivered over five days, from 08:30 to 16:30, in classroom locations across 50+ cities or live online. Participants receive a certificate of completion.

The course is suited to professionals who already work with agriculture, rural development, food systems, finance or programme delivery and need stronger economic analysis for investment decisions.

What you will be able to do

  • Assess agricultural investments against food-security, commercial and distributional criteria
  • Calculate enterprise budgets, gross margins and break-even production thresholds
  • Build discounted cash-flow models using NPV, IRR and sensitivity analysis
  • Appraise value-chain investments using market, price and welfare analysis
  • Analyse food-security data using FCS, HDDS, IPC and market indicators
  • Screen land, water, climate and social risks using responsible investment frameworks
  • Structure agricultural finance options using term sheets, guarantees and blended finance
  • Design results frameworks linking investment outputs to food-security outcomes

Benefits of attending

For you

  • Make defensible recommendations on agricultural projects, funds and infrastructure proposals
  • Build credible financial cases for farm, value-chain and rural enterprise investments
  • Interpret food-security evidence beyond production and yield figures
  • Identify exclusion, land, water and climate risks before investment approval
  • Contribute investment appraisal inputs valued by funders, lenders and government agencies

For your organisation

  • Improve selection of agricultural investments with measurable food-security outcomes
  • Reduce losses from weak yield, price, financing and implementation assumptions
  • Strengthen due diligence on land rights, water use and community impacts
  • Produce clearer investment cases for donors, lenders, boards and public authorities
  • Connect agricultural spending decisions to household welfare and resilience indicators

Course modules

10 modules over 5 days

Participants can explain how agricultural investment affects the four dimensions of food security.

  • Four dimensions of food security: availability, access, utilisation and stability
  • Food systems mapping from input supply through consumption and waste
  • Entitlement approach distinguishes production failure, market access and income shocks
  • Seasonality calendars identify predictable hunger periods, labour peaks and price movements
  • Household economy analysis links assets, income sources, expenditure and coping
  • Gender and social inclusion constraints affecting food access and farm decisions

Participants can select and interpret food-security indicators for investment analysis.

  • Food Consumption Score calculation, interpretation thresholds and common data-quality errors
  • Household Dietary Diversity Score disaggregation by sex, age and wealth
  • IPC evidence protocols and convergence of evidence for area classification
  • Market price series deflated using consumer price indices
  • Sample design, recall periods and questionnaire logic for farm households
  • Triangulating household survey, remote-sensing, administrative and trader data sources

Participants can identify how investment pathways produce intended and unintended food-security effects.

  • Investment pathways linking on-farm productivity, employment, prices and diet quality
  • Public goods, private capital and blended finance roles
  • Market failures in credit, insurance, extension, infrastructure and information
  • Additionality assessment distinguishes investments unlikely to proceed without support
  • Distributional analysis identifies winners, losers and affected vulnerable groups
  • Investment theories of change specify assumptions, outputs, outcomes and impacts

Participants can analyse farm-level profitability, resource use and financing needs.

  • Enterprise budgets separate variable costs, fixed costs and imputed family labour
  • Gross margin analysis compares crop, livestock and mixed-farm enterprises
  • Partial budgeting tests incremental changes to technology, inputs or practices
  • Break-even yield and price calculations inform production investment decisions
  • Cash-flow timing exposes seasonal finance gaps and repayment pressures
  • Opportunity cost values land, labour, water and owner capital

Participants can evaluate agricultural investments using standard financial appraisal methods.

  • Discounted cash-flow models calculate NPV, IRR and payback period
  • Real versus nominal analysis treats inflation and price escalation correctly
  • Weighted average cost of capital reflects debt, equity and concessional finance
  • Sensitivity analysis tests yields, input prices, exchange rates and delays
  • Scenario analysis combines correlated shocks under downside and upside cases
  • Cost-benefit analysis includes externalities, shadow prices and distributional weights

Participants can assess market conditions affecting agricultural investment returns and food prices.

  • Value-chain mapping identifies margins, coordination failures and post-harvest losses
  • Spatial price analysis separates transport costs from market integration signals
  • Farm-gate price formation considers quality grades, bargaining power and timing
  • Elasticities explain producer response, consumer substitution and welfare effects
  • Trade policy instruments affect import parity, domestic prices and producer incentives
  • Warehouse receipts, aggregation and contract farming alter smallholder market access

Participants can screen agricultural investments for tenure, water and social safeguard risks.

  • Voluntary Guidelines on Responsible Governance of Tenure guide land due diligence
  • Land acquisition screening identifies customary rights, displacement and conflict risks
  • Water accounting assesses withdrawals, depletion, competing uses and basin constraints
  • Environmental and social impact assessment scopes material agricultural investment risks
  • Free, prior and informed consent protocols address Indigenous Peoples' rights
  • CFS-RAI principles screen labour, land, governance and community impacts

Participants can incorporate climate risk and resilience measures into investment decisions.

  • Climate risk screening combines hazard, exposure, vulnerability and adaptive capacity
  • Climate-smart agriculture portfolios balance productivity, adaptation and mitigation objectives
  • Stochastic budgets represent rainfall variability, pest outbreaks and yield uncertainty
  • Index insurance design bases payouts on independently measured weather indicators
  • Risk layering assigns retention, contingency finance, insurance and social protection
  • Resilience measurement tracks absorptive, adaptive and transformative capacities

Participants can compare financing structures for agricultural enterprises and investment programmes.

  • Term sheets allocate pricing, tenor, collateral, covenants and repayment schedules
  • Credit appraisal assesses repayment capacity using farm cash flows
  • Guarantee structures share losses between lenders, donors and investors
  • Blended finance instruments address risk, return and transaction-cost barriers
  • Foreign exchange risk affects imported inputs, debt service and project returns
  • Portfolio diversification limits correlated exposure to crops, regions and buyers

Participants can prepare a measurable action plan for an agricultural investment decision.

  • Results frameworks connect investment activities with food-security outcome indicators
  • Baseline, target and counterfactual choices support credible performance measurement
  • Indicator reference sheets define numerator, denominator, source, frequency and responsibility
  • Monitoring dashboards combine implementation milestones, safeguards and market signals
  • Adaptive management triggers specify decisions when assumptions or risks change
  • Investment action plans assign priorities, owners, evidence needs and timelines

Exercises and examples are adapted to each cohort's sectors and roles.

What you take back to work

  1. Agricultural investment appraisal template
  2. Farm enterprise budget model
  3. Discounted cash-flow and sensitivity analysis model
  4. Food-security indicator selection checklist
  5. Responsible agricultural investment risk register
  6. Investment results framework and action plan

Who should attend

  • Agricultural investment officers — assess project viability and food-security effects before approval
  • Development finance professionals — structure agricultural finance with clear risk and impact assumptions
  • Rural development programme managers — prioritise investments that improve incomes, diets and resilience
  • Agribusiness and impact investment analysts — build financial cases for inclusive agricultural ventures
  • Food-security and livelihoods advisers — connect market evidence with programme investment decisions
  • Government agriculture and planning officials — appraise public spending, subsidies and infrastructure proposals

Skills and tools covered

Investment appraisalFarm financial analysisFood-security measurementValue-chain economicsClimate risk assessmentResponsible investment screening

Tools and standards

Food Consumption Score, Integrated Food Security Phase Classification, CFS Principles for Responsible Investment in Agriculture and Food Systems, Voluntary Guidelines on the Responsible Governance of Tenure

How the course runs

Training methodology

The course uses short technical briefings followed by worked agricultural investment cases, small-group analysis and facilitated calculation sessions. Participants interpret farm budgets, market price data, food-security indicators and financing terms before testing decisions against realistic risks. Simulations examine competing investment proposals under changing yields, prices, rainfall and credit conditions. Group discussions compare public, private and blended-finance perspectives. Each participant prepares an application plan that transfers the methods to a current or planned investment decision.

Requirements and prerequisites

Participants should have practical exposure to agriculture, food security, rural development, agribusiness, finance or public investment decisions. They should be comfortable reading basic budgets, percentages, price data and simple spreadsheets. Experience with agricultural projects, market assessments, lending or programme design is useful. The course does not require an economics degree, advanced statistics, prior financial-modelling expertise or specialist software. Participants will work with formulas and investment cases, so confidence using a calculator or spreadsheet is expected.

A typical training day

08:30 – 10:30First session
10:30 – 10:45Refreshment break
10:45 – 12:30Second session
12:30 – 13:30Lunch and networking
13:30 – 15:00Third session
15:00 – 15:15Refreshment break
15:15 – 16:30Workshop and daily review

Live online deliveries follow the same structure in East Africa Time, with shorter screen blocks and longer breaks.

What the fee includes

  • Instruction by a practitioner facilitator
  • Full course workbook and materials
  • Exercise files, templates and case studies
  • Refreshments and lunch on classroom deliveries
  • Certificate of completion
  • Post-course application plan

Frequently asked questions

Participants should understand basic budgets, percentages and spreadsheet calculations, with some exposure to agriculture, rural development, finance or food security. Advanced economics, statistics and financial-modelling skills are not required.

Bring a laptop with spreadsheet software if possible, plus a current agricultural project, investment concept or market problem you would like to analyse. Course materials and calculation templates are provided.

It is designed for professionals who assess, fund, design or manage agricultural and food-security investments. It is particularly relevant to government officials, development finance staff, programme managers, lenders and impact investment analysts.

The course focuses on investment decisions: whether to fund, structure, modify or reject a proposal. It combines food-security measurement with farm economics, financial appraisal, market analysis, safeguards and finance structures.

Participants can use the templates to review irrigation, storage, input finance, processing, livestock, market-access and rural infrastructure proposals. The methods also support business cases, donor submissions, lending reviews and programme redesign.

Each day runs from 08:30 to 16:30, with about 6.5 contact hours excluding breaks. The five days progress from food-security evidence and farm economics to investment appraisal, safeguards, finance and action planning.

Questions about this course?

Ask about dates, fees, group bookings or running it for your team. Our training team replies by email.