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PRE-QUALIFICATION OF SUPPLIERS FOR 2024 – 2025

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 Sacco’s; Universities; Training Institutions and Research Institutions; Insurance organisations; Ministerial agencies dealing in...

CALL FOR EXPRESSION OF INTEREST FOR CONSULTANTS

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 one‐stop 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;...

7th World Congress, Morelia Declaration

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...

International Exposure Visit Program on Youth and Women Empowerment on Rural & Agricultural Finance

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...

7th World Congress on Rural and Agricultural Finance

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, “Response to the New Global Scenario marked by Climate Change and Covid: Financing as a Lever to Mitigate Direct...

AFRACA at AGRF 2022 Summit

Our Secretary General, Mr. Thomas T. Essel will speak at the upcoming AGRF Summit themed, “Grow, Nourish, Reward- Bold Actions for Resilient Food Systems” 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 Africa’s Food Systems for Agricultural Transformation. The Agribusiness Deal Room Launch will take place on...

Training Workshop on Financing Innovation in Fisheries for Sustainable Growth of the Blue Economy

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....

Digitizing Rural & Agricultural Finance (DIG4RAF) in Africa 2022

The African Rural & Agricultural Credit Association (AFRACA) will host the Digitizing Rural & Agricultural Finance Conference, Training and Exhibition dubbed, “DIG4RAF” from 23rd May to 27th May 2022 at the Kenya School of Monetary Studies in Nairobi, Kenya. The conference themed, “Analyzing 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,...

Alex Awuah appointed MD, ARB Apex Bank Plc

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 “mini” central...

Small Foundation Renews Partnership with AFRACA on Deepening Relations through a Network Approach

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 AFRACA’s 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...

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