Latest News

AFRACA appointed chair of Technical Working Party (TWP) ‘Transforming Ecosystems for Jobs in Agriculture through Technology and Innovation 2024-2025

AFRACA is honored to serve as the inaugural Chair of the Technical Working Party “Transforming Ecosystems for Jobs in Agriculture through Technology and Innovation” loosely being referred to as ‘TWP-TEJATI’ that was extended by the Agritech Kenya County Fair Secretariat. The overarching task of the ‘TWP-TEJATI’ is to evoke the minds of/and innovatively engage stakeholders across 47 counties of Kenya in thinking jobs for Youth, Women and PWDs in agriculture along agriculture value chains through employing a new paradigm...

INCITIS – FOOD PROJECT HOLDS ITS 2ND GENERAL ASSEMBLY, UNIVERSITY OF IBADAN, NIGERIA

Representatives of INCITIS Food Project led by Prof. Gertrud Buchenreider (third front), Dr. Emmanuel Benjamin, Mr. Thomas Essel, AFRACA Secretary General, paid a courtesy call to the Oyo State Governor, Eng. Seyi Makinde (center) The second General Assembly of the Integrated and Circular Technologies for Sustainable city region FOOD systems in Africa’ or INCITIS-Food project was held from 3 to 10 February 2024 at the University of Ibadan which is also a member of the Consortium in the Horizon Europe research...

AFRACA PARTICIPATES AT THE SCIENCE SUMMIT DURING THE 78TH SESSION OF THE UNITED NATIONS GENERAL ASSEMBLY

(First picture, right) Mr. Thomas Ammerl, Head of Unit, Bavarian Research Alliance (Bayfor) with Mr. Thomas Essel, AFRACA Secretary General during BayFor side event at UNGA7. (Second picture, left) Mr. Thomas Essel, AFRACA Secretary General, Dr. James Mwangi, CBS, Equity Bank Group and Conservationist, Dr. Paula Kahumbu during the Kenya Development Alliance side event at UNGA78 New connections! New opportunities! The Science Summit convened alongside the 78th Session of the United Nations General Assembly. It is customary for the high-level...

AFRACA INTERNATIONAL TRAINING WORKSHOP ON NEW TRENDS AND MODELS IN AGRI-SME LOAN ASSESSMENT, MOMBASA, KENYA

PHOTO: Participants during the AFRACA Agri-SME Training Workshop at Travellers Beach Hotel and Lodge, Mombasa, Kenya, 27th November to 1st December 2023 AFRACA’s international training workshop on New trends and models in Agri-SME loan assessment is an enhancement of its previous training which focused exclusively on the Ag. Loan Analyzer tool. The training convened from 27th November 2023 to 1st December 2023 at Travellers Beach Hotel and Lodge, Mombasa, Kenya. A comparative analysis of traditional assessment methods with emerging trends in...

INTERNATIONAL EXPOSURE VISIT PROGRAM ON DIGITAL FINANCE & FINANCIAL INCLUSION OF SMALLHOLDER FARMERS AND AGRICULTURAL SMALL AND MEDIUM ENTERPRISES, RABAT, MOROCCO

(First picture, left) Mr. Thomas T. Essel, AFRACA Secretary General interacting with Mr. Mohamed Fikrat, Group Managing Director, Crédit Agricole du Maroc during the Exposure visit. (Second picture, right) Group photo of participants and during the International Exposure visit in Rabat, Morocco, 2-6 October, 2023 The International Exposure Visit on Digital Finance and Financial Inclusion, organized by Crédit Agricole du Maroc (CAM) offered participants a unique world of digital finance and its crucial role in financial inclusion. Held in the picturesque...

AFRACA HOLDS 22ND GENERAL ASSEMBLY, WELCOMES NEW CHAIRPERSON AND EXECUTIVE COMMITTEE MEMBERS

PHOTO: From left: Ms. Marie Goreth Ndayishimiye, Incoming Chairperson, Central Africa Sub-Region and Second Deputy Governor, Banque Republic du Burundi (BRB); Incoming AFRACA Chair, Mr. Dieudonne Fikiri Alimasi, Deputy Governor, Banque Centrale du Congo, BCC; Dr, Jesimen Chipika, outgoing AFRACA Chairperson and Deputy Governor, Reserve Bank of Zimbabwe,  Mr. Thomas T. Essel, AFRACA Secretary General and Mr. David Ashiagbor, Financial Sector Specialist, African Development Bank Group during the 22nd AFRACA General Assembly hosted by Banque Centrale du Congo at Fleuve...

Word from the Secretary General as AFRACA ushers in 2024

Greetings from the AFRACA Secretariat. I wish to start the year by extending our heartfelt New Year greetings and expressing sincere appreciation for your support in strengthening the Secretariat. As we enter 2024, I just wanted to pause and take a moment to reflect on some of the key issues that dominated our space in 2023. To start, there was heightened activity on climate action in 2023 following key events that took place to discuss climate change issues. African Heads of State...

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...

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