The African Rural and Agricultural Credit Association (AFRACA) is pleased to announce the appointment of Ms. Ngo Bakang Anny Caroll as its new Secretary General. This appointment follows the decision of the Executive Committee, subsequently endorsed by the General
Introduction Agriculture remains the backbone of Africa’s economy, employing nearly 60% of the workforce and contributing significantly to GDP in many countries. Yet, access to finance for smallholder farmers and rural enterprises remains one of the biggest barriers to
Introduction Food security remains one of Africa’s most pressing challenges. With a rapidly growing population, changing climate, and increasing global market volatility, the continent’s agricultural systems are under immense pressure. Smallholder farmers, who produce up to 80% of Africa’s
Introduction Financial inclusion is central to Africa’s social and economic transformation. Yet, millions of rural households and smallholder farmers remain excluded from formal financial systems. Barriers such as limited collateral, high transaction costs, and inadequate infrastructure hinder access to
