Agricultural & Rural Finance News

Uganda: Agency Banking Will Deepen Financial Inclusion

27.06.2017

 | Source: The Observer; All Africa

Agency Banking is one of the new provisions of the Financial Institutions (Amendment) Act 2016 and will be a key driver of increasing financial inclusion in Uganda.

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

19.06.2017

 | 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

19.06.2017

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.

 

Africa: AfDB Investments in Africa Hit a Record Shs40 Trillion

15.06.2017

 | Source: The Monitor; All Africa

The African Development Bank Group (AfDB) has invested more than US $10.80 billion (about Shs39.6 trillion) worth of projects and programmes in Africa during the year 2016 through the roll-out of its High-5 priorities and the new Development and Business Delivery Model.

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

08.06.2017

 | 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”

06.06.2017

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

06.06.2017

 | 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.

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

30.05.2017

 | 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 Gets Shs652 Billion for Rural Agriculture Financing

24.05.2017

 | Source: The Monitor; All Africa

The International Fund for Agriculture Development (IFAD) announced that Uganda had been allocated $168 million aimed at enabling rural farmers to access long term loans for agricultural practice.

Tanzania: You Are Yourself to Blame, JPM Tells Commercial Banks

09.05.2017

 | Source: Tanzania Daily News; All Africa

Three banks have over 50 per cent of non-performing loan ratio in this year's quarter one as banks loan repayment default rate have soared to record high.

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