Kenyaâs President Mr. Uhuru Kenyatta during his state visit in Kinshasa, Democratic Republic of Congo (DRC) on 21st April. 2021 commended Equity Bank for its rapid expansion in the continent which has promoted African unity and economic freedom. Mr. Kenyatta was speaking during the official inauguration of the merger between Banque Commerciale du Congo (BCDC) and Equity Bank Congo (EBC) into...
Deadline: 7th May 2021 AGRA is seeking concept notes from credible organizations that offer sustainable, scalable, and innovative solutions that improve the reliability and provide assurance on the financial statements of Agricultural SMEs. These solutions might include financial management and record keeping tools, audit solutions, alternative financial reporting systems, digital record keeping, etc. More reliable financial statements increase the chance of Agri SMEs...
By David Cracknel The launch of M-Pesa in Kenya in 2007, heralded significant change that included: Increased financial inclusion by providing relatively low cost, locally accessible financial services.Evolution in channels with customers accessing services through their phones and mobile money agents.The development of a digital finance ecosystem around M-Pesa, enabling an ever-increasing range of services.Reduced barriers to entry for financial technology with service providers able to...
The Kenya Investment Mechanism, a USAID funded program has partnered with Family Bank through an initiative dubbed âPay for Resultsâ to disburse loans worth 500 million shillings to agribusiness in selected 17 counties namely: Wajir, Garissa, Turkana, Kisumu, Kisii, Siaya, Kakamega, Bungoma, Busia, Vihiga, Kitui, Makueni, Taita Taveta, Isiolo, Homa Bay, Migori and Marsabit âThe agri-business sector faces challenges accessing affordable...
The Alliance for a Green Revolution in Africa (AGRA) and the Pan African Farmers Organization (PAFO) have signed a partnership agreement to strengthen capacities of African farmerâs organizations by providing efficient services to small holder farmers especially youth and women. AGRA will support farmer organizations drive policy issues affecting them by scaling them at national, regional, and continental level. The policy...
By Dr. Alfred Hanning, Executive Director Alliance for Financial Inclusion Central banks tend not to be seen as innovative climate change pioneers, but as extreme weather events continue to undermine economic stability, real change is afoot. In the global south â where populations tend to be the most exposed and least equipped to cope with the ongoing climate emergency â financial...
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