Agricultural & Rural Finance News
Extending financial services to rural areas will strengthen the economy
They set up a €3 million funding mechanism.
The bank will ease difficulties of accessing agricultural loans
The new bank would provide loans at very low interest rates.
The first AfDB Digital Finance Week (DFW) took place from September 19-22, 2016 in the CCIA Building in Abidjan.
Extract: This scheme might be a powerful game-changing agribusiness model for the continent.
Plans to establish the banks are near completion, said a minister.
The new company will come up with products that suits the particular needs of rural banks.
It is part of the bank's new five-year strategy to revamp agricultural financing in the country.
The effects of climate change have increased the need for agriculture insurance.