Blog List 1 Column

Project Spotlight: Innovative Living Labs (LL’s) for Africa’s food systems

AFRACA is a member of the Consortium in the Horizon Europe research project, entitled ‘INtegrated and Circular Technologies for Sustainable city region FOOD systems in Africa’ (INCiTiS-FOOD). INCiTiS-FOOD aims to improve food and nutrition security (FNS) in African city regions. With the expansion of urban areas, the distance to rural sites for food production for urban dwellers is increasing, leading to...

Kenya re-strategizes its Cooperative Agenda

The important role of financial cooperatives and other forms of cooperatives in the rural banking system is increasingly gaining prominence. The Government of Kenya underscores cooperatives as key pillars in its Bottom-up Economic Transformation Agenda (BETA). The week-long strategic workshop was convened by the Presidents’ Economic Transformation Secretariat (PETS) in collaboration with the newly formed State Department for Cooperatives and...

Tanzania launches new National Financial Inclusion Framework, NFIF3

In many African countries Central Banks have been the coordinating entity involved to formulating financial inclusion strategies for their respective countries. Tanzania has launched its third framework,  the National Financial Inclusion Framework 2023 – 2028, building on the success recorded after the implementation of the second Framework, which ended in December 2022. Implementation of the new framework is expected...

Message of gratitude to AFRACA Chairperson, Dr. Jesimen Chipika

On behalf of the AFRACA network and Executive Committee (EXCOM) we celebrate and express our sincere gratitude to Dr. Jesimen Chipika, Deputy Governor, Reserve Bank of Zimbabwe and Chairlady of the AFRACA Executive Committee for her exemplary service to the Association. Your Bank assumed office in AFRACA as Chair in February 2021 with a new team of Executive Committee Members at...

AFRACA bids farewell to Dr. Patrick Njoroge

As Dr. Patrick Njoroge’s tenure came to a close at the Central Bank of Kenya, CBK, AFRACA gives special tribute and remembers his strong commitment and willingness to support the Associations’ activities. Dr. Njoroge was appointed the ninth Governor of the Central Bank of Kenya on June 26, 2015 with his eight year tenure as CBK boss coming to an...

AFRACA participates in FinRegLab and CIS Kenya Market insight study on strengthening use of alternative data to impact financial inclusion, market competition and consumer protection in Kenya.

The Market Insight study was based on wide consultations with industry stakeholders over a five-month period. The study centered on the Kenya credit ecosystem and the implications of using alternative data (non-traditional) to prudently extend credit access to micro and small enterprises (MSE’s) in Kenya. The study acknowledges the availability of pockets of alternative data (not-traditional) available in different forms and...

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