Deadline: 18th July 2021 Are you a SMEs located in Ashanti or Western Regions of Ghana aged between 18-35? Do you have innovative solutions ready to be upscaled at market level that address challenges in Water, Sanitation and Hygiene (WASH), Renewable Energy and Agriculture sectors? The Boosting Green Employment and Enterprise Opportunities in Ghana (GrEEn) project led by the Netherlands Development Organization and supported by the European Fund is currently receiving applications from SMEs and businesses that have outstanding, innovative green ideas...
The African Development Bank (AfDB) in its Affirmative Finance Action for Women in Africa (AFAWA) initiative has signed a partnership agreement with the International Finance Corporation (IFC) to increase incomes and facilitate access to finance for thousands of Ivorian small holder farmers in the staple food sector. The three-year advisory project aims to support large informal organizations and smallholder women farmers to formalize their business and harness opportunities of trade. The women agri-preneurs will also receive training on technical, business, financial...
The African Rural and Agricultural Association (AFRACA) is saddened to announce the passing of Mr. Gilead Musinga who died on 25th June 2021 after a short illness. Mr. Musinga was the Manager, Strategic Partnerships, Marketing Department at the National Savings and Credit Bank (NATSAVE). Mr. Musinga was an active member of the AFRACA network who played a key role in our major activities/programmes as well as shared his extensive knowledge on rural and agricultural finance. We will miss him dearly at AFRACA...
The Financing Facility for Remittances (FFR) of IFAD through its program, Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) which is being co-financed by the European Union aims to reduce inequality and enhance financial inclusion in Africa through reduction of remittance costs and maximization of their impact. The call aims to support finance initiatives that will achieve the below objectives: Reduce international remittance transaction costs – Contribute to reducing international remittance transfer costs and increase access to and use...
The Financing Facility for Remittances (FFR) of IFAD through its program, Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) which is being co-financed by the European Union aims to reduce inequality and enhance financial inclusion in Africa through reduction of remittance costs and maximization of their impact. The call aims to support finance initiatives that will achieve the below objectives: Reduce international remittance transaction costs – Contribute to reducing international remittance transfer costs and increase access to and use...
Deadline: 7th July, 20121 The Alliance for a green Africa (AGRA) is currently receiving proposals for its innovation grant under its program, VALUE4HER, Africa’s first women in agribusiness integrated digital resource designed to assist women agri-enterprises transcend gender and market entry barriers, build upon digital technologies capabilities to connect, amplify and deliver customized service. The VALUE4HER Innovant grant is to catalyze, incubate, consolidate the approach for women to women supply chains, to reach women micro-entrepreneurs and or women farmers. The VALUE4HER project...
Le financement à long terme (LT) est essentiel pour guider les investissements dans le renforcement des infrastructures et des capacités agro-industrielles, des technologies améliorées et des équipements pour rendre l’agriculture plus productive, efficace, rentable et résiliente. Cependant, le financement à long terme aux PME et aux petits exploitants agricoles est plus limité que le financement court terme (CT) traditionnel des cultures, de la pêche et de l’élevage, ainsi que le financement LT pour les PME dans d’autres secteurs. Le déficit...
The African Rural and Agricultural Association (AFRACA) has formed an Impact Task Force to deliberate on specific indicators that will be used by the Association to measure the impact of its members lending activities to rural smallholder farmers in Africa. The three-year initiative was launched during the 21st AFRACA General Assembly held in February 2021 in which members collectively agreed to develop a Financial Indicator Framework and a single database of members credit data that will assist regulators and key industry...
The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL Plc) has secured N5Billion from Providus Bank to enable it increase lending to rural small holder farmers. NIRSAL is a non-bank financial institution formed in 2023 to raise commercial bank agriculture lending with an aim to reduce agribusiness related credit risks, fix broken value chains and stimulate flow of finance along the value chain. NIRSAL has developed innovative models that offer sustainable solutions for agricultural financing Agro Geo-Cooperative Model: The finance industry...
The African Rural and Agricultural Credit Association (AFRACA) in partnership with the Central Bank of Congo recently held a one-week Training of Trainers workshop on Agricultural Value Chain Financing (AgVCF) at Serena Lake Kivu Hotel in Goma, Democratic Republic of Congo (DRC). The training enabled staff from different financial institutions in DRC, Burundi and Burkina Faso who are AFRACA members to gain knowledge on AgVCF, reducing risks while lending along the value chain, product financing instruments, ICT’s role in AgVC financing...