Agricultural & Rural Finance News
The solution offers digital financial services to small scale farmers.
The initiative will enable agric/SMEs access credit at single digit interest.
The insurance company wants to partner with the IFC and the government.
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.