PHOTO: Participants during the AFRACA Agri-SME Training Workshop at Travellers Beach Hotel and Lodge, Mombasa, Kenya, 27th November to 1st December 2023 AFRACAâs international training workshop on New trends and models in Agri-SME loan assessment is an enhancement of its previous training which focused exclusively on the Ag. Loan Analyzer tool. The training convened from 27th November 2023 to 1st December 2023 at Travellers Beach Hotel and Lodge, Mombasa, Kenya. A comparative analysis of traditional assessment methods with emerging trends in...
(First picture, left) Mr. Thomas T. Essel, AFRACA Secretary General interacting with Mr. Mohamed Fikrat, Group Managing Director, Crédit Agricole du Maroc during the Exposure visit. (Second picture, right) Group photo of participants and during the International Exposure visit in Rabat, Morocco, 2-6 October, 2023 The International Exposure Visit on Digital Finance and Financial Inclusion, organized by Crédit Agricole du Maroc (CAM) offered participants a unique world of digital finance and its crucial role in financial inclusion. Held in the picturesque...
PHOTO: From left: Ms. Marie Goreth Ndayishimiye, Incoming Chairperson, Central Africa Sub-Region and Second Deputy Governor, Banque Republic du Burundi (BRB); Incoming AFRACA Chair, Mr. Dieudonne Fikiri Alimasi, Deputy Governor, Banque Centrale du Congo, BCC; Dr, Jesimen Chipika, outgoing AFRACA Chairperson and Deputy Governor, Reserve Bank of Zimbabwe, Mr. Thomas T. Essel, AFRACA Secretary General and Mr. David Ashiagbor, Financial Sector Specialist, African Development Bank Group during the 22nd AFRACA General Assembly hosted by Banque Centrale du Congo at Fleuve...
Greetings from the AFRACA Secretariat. I wish to start the year by extending our heartfelt New Year greetings and expressing sincere appreciation for your support in strengthening the Secretariat. As we enter 2024, I just wanted to pause and take a moment to reflect on some of the key issues that dominated our space in 2023. To start, there was heightened activity on climate action in 2023 following key events that took place to discuss climate change issues. African Heads of State...
The African Rural and Agricultural Credit Association (AFRACA) is an association (regional network) of financial institutions that provide financial services to the rural population in Africa, with few affiliated non-financial institutions. Membership is open and consists of but not limited to the following categories of institutions: Central Banks; Central Bank similar institutions; Agricultural and Development Banks; Commercial Banks; Microfinance Institutions; Apex Organizations such as Microfinance Networks and Saccoâs; Universities; Training Institutions and Research Institutions; Insurance organisations; Ministerial agencies dealing in...
Background Information The African Rural and Agricultural Credit Association (AFRACA) is an association (regional network) of financial institutions involved in providing financial services to the rural population in Africa. AFRACA is a oneâstop heterogeneous network of over 110 members, spread across the African Continent. Membership is open and consists but not limited to the following categories of institutions: Central Banks; Central Bank similar institutions; Agricultural and Development Banks; Commercial Banks; Microfinance Institutions; Apex Organizations such as Microfinance Networks and SACCOs; Universities;...
The publication of the Morelia Declaration marked the end of the 7th World Congress on Rural & Agricultural Finance, an event that took place from November 23 to 25 at the FIRA headquarters in Morelia, Mexico. The document contains the main reflections and commitments of the institutions participating in the congress , and highlights the importance of revaluing the agricultural and rural sector as a strategic sector to promote food security and fight against climate change . In addition, it invites agricultural and...
AFRACA has partnered with its member, National Youth Development Agency (NYDA) to conduct its annual International Exposure Visit Program on Youth and Women Empowerment on Rural & Agricultural Finance which will take place from 24th – 28th October 2022 in Durban, South Africa. The study visit program aims to explore innovative financing for youth and women in Africa and showcase how the National Youth Development Agency in South Africa among other stakeholders, contribute to capacity development for youth and...
AFRACA in collaboration with other continental Rural and Agricultural Credit Regional Associations (RACAs) namely; The International Confederation of Agricultural Credit (CICA), Near East North Africa Regional Agricultural Credit Association (NENARACA), Asia and Pacific Regional Agricultural Credit Association (APRACA) and The Latin American Association of Development Financial Institutions (ALIDE), are jointly organizing the 7th World Congress on Rural and Agricultural Finance themed, âResponse to the New Global Scenario marked by Climate Change and Covid: Financing as a Lever to Mitigate Direct...
Our Secretary General, Mr. Thomas T. Essel will speak at the upcoming AGRF Summit themed, âGrow, Nourish, Reward- Bold Actions for Resilient Food Systemsâ which will take place from 6th-9th September 2022 in Kigali, Rwanda at the Kigali Convention Centre (KCC). Mr. Essel will speak during the Launch of the Agribusiness Deal Room, and share insights on the progress, challenges and opportunities that exist in financing Africaâs Food Systems for Agricultural Transformation. The Agribusiness Deal Room Launch will take place on...