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 (MSEâs) in Kenya. The study acknowledges the availability of pockets of alternative data (not-traditional) available in different forms and...
The AFRACA Executive Committee, EXCOM continued to exercise its oversight role to ensure proper governance of the Association. As has been the norm, the EXCOM meets twice every year. It was full house as the Central Bank of Kenya hosted the 88th AFRACA EXCOM meeting in Nairobi with all sub-regional chairpersons represented. In her opening statement, the Chairperson made note of...
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;...
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...
In collaboration with the Banque de la République du Burundi (BRB)  the African Rural & Agricultural Crédit Association (AFRACA) jointly organized the Regional Conference on Financial & Agricultural Risk Management on New Trends & Development in Managing Agricultural Risks in a Post-pandemic COVID era on the 27-28 March 2023 at the Zion Hotel  in Bujumbura, Burundi. The meeting was officially opened by...
At the start of the year, AFRACA Secretary General Mr. Thomas Essel paid a courtesy call to the newly appointed BoT Governor, Emmanuel Tutuba. During the visit Mr. Essel congratulated the Governor on his recent appointment. Mr. Tutuba becomes the eighth governor to take charge of BoT. Prior to his new role, Mr. Tutuba was the permanent Secretary in the...
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