Access to Finance News

Africa: Post Offices Are Key to Scaling Up Remittances and Financial Inclusion in Uganda


 | Source: IFAD; All Africa

The International Fund for Agricultural Development (IFAD), Postbank of Uganda (PBU) and Posta Uganda signed a grant agreement today aimed at expanding the role of postal networks in the delivery of remittances and access to financial inclusion across the country.

The MasterCard Foundation Fund for Rural Prosperity: 2017 Competition Now Open


The MasterCard Foundation Fund for Rural Prosperity Launches New Funding Opportunity for Financial Services Providers to Improve the Lives of Poor People in Rural Africa.


Uganda: NSSF Moves to Tap Into Informal Sector


 | Source: The Monitor; All Africa

The Ugandan national pension fund (NSSF) has launched a Voluntary Membership Plan to allow workers not under the mandatory scheme, especially the informal economic agents, to save for their retirement.

Zimbabwe: Sakunda Ropes in Local Banks to Fund Command Agriculture Programme


 | Source: New Zimbabwe; All Africa

Sakunda Holdings, a zimbabwean fuel supplier, engaged a consortium of local banks to help fund the government's command agriculture special maize production programme.

The 10th Consultative Forum on “Scaling up agricultural index insurance in Africa: Building disaster resilience of smallholder farmers”


Stakeholders come together to explore agricultural index based insurance as a tool for building resilience of farmers in Africa.

Tanzania: TADB Unveils 209 Billion/ - to Uplift Local Farmers


 | Source: Tanzania Daily News; All Africa

The TADB (Tanzania Agricultural Development Bank) provides farmers with over $ 290 billion to stimulate acquisition of agricultural inputs, improve the sectoral value chain, create more job opportunities and reinforce food security.

Kenya: Cost of Credit Platform to Give Borrowers Wider Choice


 | Source: Daily Nation; All Africa

The Central Bank of Kenya (CBK) and Kenya Bankers Association (KBA) have set up a website on which all banks will publish the cost of their credits to resolve the information asymmetry faced by customers.

Rwanda: RAB, BK Techouse Sign Agreement to Streamline Agriculture Inputs Distribution


 | Source: The New Times; All Africa

Rwanda Agriculture Board (RAB) and BK TecHouse, a subsidiary of Bank of Kigali, plan to digitize management of the supply chain of the national farmer subsidy programme, in order to improve access to agro credit for farmers and to facilitate activities of agricultural input dealers.

Uganda: KCB in Drive to Promote Financial Literacy


 | Source: The Observer; All Africa

KCB Bank launches a campaign in Uganda aimed at deepening the financial literacy of economic players, especially SMEs.

Nigeria: What Federal Government's Savings Bond Means to Nigerians


 | Source: Daily Trust; All Africa

The bond is part of the Federal Government's programme to encourage small savers earn more income (interest) when compared to their savings accounts with banks.

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