admin

This author admin has created 13 entries.

10 Apr

VACANCY: Team Leader AgriFI Challenge Fund

Self Help Africa is currently managing the AgriFI Challenge Fund on behalf of the EU. This is an €18M fund to support agricultural businesses to increase their sourcing capacity through working with smallholder farmers. The organization is looking for a dynamic proactive and result oriented individual to head the AgriFI- Value Chain Implementation Team and provide strategic leadership technical oversight and direct management of the programme – in particular the EUR 18M challenge fund. Essential1. In depth knowledge of agricultural finance, banking...

10 Apr

Financial Literacy Transforms Refugee Livelihoods

By Tilda Nabbanja, Team Leader Financial Literacy, Bank of Uganda, and Mariam Zahari, Policy Specialist, AFI Bank of Uganda (BOU) has long considered financial literacy a crucial component for enhancing financial inclusion, requiring attention both on a national scale and for targeted vulnerable groups, including Uganda’s sizeable refugee population. With 1.4 million refugees and asylum seekers living within its borders, Uganda is the largest refugee host country in Africa. Most have fled conflict in Burundi, Democratic Republic of Congo, Rwanda, Somalia and...

07 Apr

Exploring Innovative Financial Services for Rural Women’s Livelihoods

The core of agricultural production is usually in rural areas where there is availability of land for farming. Rural women are highly engaged in agriculture and play critical roles across good systems unfortunately they continue to be disproportionately poor and financially underserved with only few financial service providers responding to their specific needs. How can rural women be supported to increase their incomes and resilience? Increasing women’s returns to labour Women face competing demands on their time and unequal access to resources such...

07 Apr

Agricultural Finance Corporation to support women-led Enterprises

The Agricultural Finance Corporation (AFC) in its Programme, Women Affirmative Access Window which promotes financial inclusion in agrifinance will in the next nine months extend Ksh. 1 billion loan to women agripreneurs in Kenya. Women will not be required to provide collaterals as a guarantee to get funding which is usually a big hindrance to access funding especially from financial institutions. AFC’s loan portfolio is at Ksh. 8.7 billion and only 25% of the recipient are women hence the new directive...

07 Apr

Eco.business Fund Partners with Cooperative Bank, Kenya to finance Sustainable Agriculture

Eco.business Fund has entered into its first partnership in sub-Saharan Africa with the Co-operative Bank of Kenya by providing an investment amounting to USD 10 million to finance sustainable agriculture which includes practices such as sustainable use of natural resources, mitigating climate change impacts to agriculture and protecting biodiversity. The partnership will enable the Bank to provide sustainable credit services to agribusinesses that conserve ecological landscape for instance business that use hydroelectric installations instead of fuelwood and cold storage solutions to...

31 Mar

AFRACA’s NEW EXECUTIVE COMMITTEE

AFRACA convened its 21st General Assembly which was held virtually from 24th-25th February 2021. The Assembly brought together all AFRACA member institutions from all sub-regions in Africa to deliberate on the impact of post covid relief measures by financial institutions, rural finance impact indicators and election of new Executive Committee Members. Dr. Jesimen Chipika, Deputy Governor Reserve Bank of Zimbabwe was elected as the Chairperson of the AFRACA Executive Committee. She becomes the second woman to be at the helm of...

31 Mar

AFRACA Holds its 21st General Assembly

The African Rural and Agricultural Credit Association (AFRACA) convened its 21st General Assembly virtually from 24th-25th February 2021. The Assembly brought together all AFRACA member institutions to usher in a new leadership and discuss the strategic direction of the Association in the next phase of its operations (2021-2025). The first session, titled ‘Are we on track towards COVID-19 Recovery?’, identified best practices and innovations among member institutions as they have sought to cope with the prolonged effects of the pandemic. Growing...

31 Mar

How did you Experience the AFRACA Network in 2020?

Dear AFRACA Member/Partner We appreciate your continued support over the last years, and we would like to hear from you especially on our performance in 2020 as we transition our work in line with the new Strategic Plan. Last year, despite the impact of Covid 19, we continued to engage with you in our network activities mainly online and very limited physical ones in some cases. This year, our intention is to improve our value proposition to you as our member /partner. We...

31 Mar

Exploring Networks as a Powerful Mechanism for Impact: Africa Rural and Agricultural Credit Association Case Study

Locally led multi-stakeholder networks, such as the Africa Rural and Agricultural Credit Association (AFRACA), play a critical role in strengthening business ecosystems by bringing their members together to address complex systemic challenges. They have the potential to deliver significant impact by aligning key actors who are committed to strengthening financial systems and resources, and increasing the income generating opportunities needed to improve the lives of people living in extreme poverty in rural sub-Saharan Africa. This case study provides...

17 Mar

Deepening Relationships through a ‘Network Approach’- AFRACA and Small Foundation Partnership

The African Rural and Agricultural Credit Association (AFRACA) has entered into a partnership with the Small Foundation, a Development Partner. The partnership aims to support AFRACA in its network strategy, membership engagement and knowledge management. The partnership builds on Small Foundation’s on-going work with Creative Metier and Converge that supports leadership and membership engagement of mission-aligned African networks seeking to strengthen sustainability and amplify cross-cutting, ecosystem-level impact. We are excited on this partnership and we look forward to deepening our engagement with...

X