Agricultural & Rural Finance News

Tanzania: JPM Promises to Support Banks' Rural Expansion

24.04.2018

 | Source: The Citizen; All Africa

President Dr John Pombe Magufuli has promised to support commercial banks in their efforts to improve and expand delivery of financial services in Tanzania.

Zimbabwe: Agribank Offers Loans On 99-Year Leases

03.04.2018

 | Source: The Herald; All Africa

Agribank has set aside a minimum of $105 million for the 2018-2019 cropping season, which would be extended to farmers on the basis of collateral and 99-year leases.

Egyptian Agricultural Bank to invest in Côte d’Ivoire and Kenya’s agriculture sectors

30.03.2018

 | Source: Ecofin Agency

Egyptian Agricultural Bank (EAB), a financial institution that provides farmers with banking services, intends to expand activities out of Egypt. For the time being, the bank eyes Côte d’Ivoire and Kenya.

Nigeria: Keystone Bank Partners Nipost On Rural Banking Services

20.03.2018

 | Source: The Guardian; All Africa

Keystone Bank has entered into partnership with the Nigeria Postal Service (NIPOST) and i-OneC through leveraging of data to improve its product offerings.

Nigeria: CBN's Tech Strategy for 'Anchor Borrowers', Cleaner Notes

20.02.2018

 | Source: The Guardian - All Africa

The Central Bank of Nigeria (CBN) has introduced technology to guide input distribution of farmers under it Anchor Borrowers Programme.

Mozambique: Afreximbank Hopes to Finance Agro-Processing

09.02.2018

 | Source: Agência de Informaçao de Moçambique; All Africa

The African Export and Import Bank (Afreximbank) has expressed an interest in financing agro-processing projects in Mozambique.

ARC and UN unite to increase parametric insurance coverage in Africa

05.02.2018

 | Source: Financial Afrik

The Pan African Risk Management Mutual (African Risk Capacity, ARC), a specialized agency of the African Union, and the United Nations Economic Commission for Africa (ECA) have announced a partnership that will allow the two organizations to combine their efforts to strengthen African States’ climate risk insurance coverage.

African Enterprise Challenge Fund to launch by 2018 an initiative to women entrepreneurship in agriculture

26.01.2018

 | Source: Ecofin Agency

The African Enterprise Challenge Fund (AECF) which provides subsidies and interest-free loans to private companies in Africa, plans to launch by 2018 an initiative that aims to promote and support women entrepreneurship in agribusiness sector across the continent. This was revealed to the Ecofin Agency, by Steve Tawia, head of investments and assets management at AECF.

Côte d’Ivoire: index insurance soon to be experimented

23.01.2018

 | Source: Financial Afrik

Index insurance will soon be a reality in Côte d’Ivoire.

Namibia: Agribank Offers Collateral-Free Loans to Farmers

18.01.2018

 | Source: New Era; All Africa

Agribank CEO Sakaria Nghikembua says that looking at the agricultural bank's loan book it is quite clear there is a lot that Agribank needs to do for all farmers in the country, more specifically for farmers in communal areas and specifically the northern communal areas (NCAs).

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