Digital financial platforms are an essential part of the digitalization agenda developed to enhance financial inclusion in developing countries. At the forefront of the digitalization agenda are FinTechs, AgTech companies and other solution providers that are constantly innovating and offering improved and tailored solutions to their customers. By bringing together key practitioners and partners in the space, the training workshop will take a deep dive into some of the innovations and tackle issues around digitalization in the rural and agricultural...
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...
Since the 2018 Sustainable Blue Economy Conference held in Nairobi, Kenya the Government has continued with its commitments in hastening development through various initiatives such as: Agriculture Sector Development Support Programme (ADSP), Construction of dams in various parts of the country, Marine Transport development Lamu and Kisumu Ports. Despite numerous efforts by the public sector, there is still limited capacity to finance the scale of limited capacity to finance the scale of investments needed to realize a sustainable blue economy....
The African Rural & Agricultural Credit Association (AFRACA) will host the Digitizing Rural & Agricultural Finance Conference, Training and Exhibition dubbed, âDIG4RAFâ from 23rd May to 27th May 2022 at the Kenya School of Monetary Studies in Nairobi, Kenya. The conference themed, âAnalyzing Features Shaping the Digital Future of Rural and Agricultural Finance Landscape in Africa” will bring together different stakeholders including central banks, financial service providers deploying digital finance, policy makers, implementers and investors in the field digital finance solutions,...
AFRACA congratulates Mr. Alex Kwasi Awuah for his appointment as the new Managing Director of ARB Apex Bank, Ghana effective January 1, 2022. His appointment followed a recommendation from the Board of Directors of the bank after a competitive and thorough interview process and a no-objection letter issued by the Bank of Ghana. Mr. Awuah experience which spans to over 25 years will help reposition the mandate of rural and community banks in Ghana. ARB Apex Bank is a âminiâ central...
The African Rural and Agricultural Credit Association (AFRACA) is excited to announce its Phase 2 funding by the Small Foundation. The three-year funding aims to support AFRACAâs ongoing Network Strategy, Membership Engagement and Knowledge management work. Additionally, the partnership has extended its support to the AFRACA Impact Task Force, formed during the 21st General Assembly by member institutions to come up with a framework and key set of indicators that would be used by African financial institutions to showcase the...
A joint webinar was organized by the Food and Agriculture Organization (FAO), African Rural and Agricultural Credit Association (AFRACA) and the Global Network for capacity building to increase access of financial services to small-scale fisheries (CAFI-SSF Network), to validate the recently concluded study findings with stakeholders particularly financial service providers that includes both banking and insurance organizations within east and west Africa region. The webinar was organized on 18 August 2021 and attended by more than 60 stakeholders from east...