Recent developments in technological applications based on satellite data provide useful information to increase outreach of financial services to rural areas and for smallholder farmers. The Dutch Ministry of Foreign Affairs committed EUR 60 million for the development of applications based on geodata for the purpose of agriculture.
The Geodata for Agriculture and Water programme (G4AW) is implemented by the Netherlands Space Office (NSO). Early evidence suggests that these applications offer great promise to produce a higher and more stable crop supply of increased quality. By this, the risk profile of smallholder farmers reduces which is a... Read more
BRAC Uganda Microfinance Ltd is the largest Microfinance institution operating in Uganda covering 80 districts through 149 networked branches targeting Micro and small Entrepreneurs. BRAC boasts of promoting financial inclusion by extending financial services to the un served and underserved, now with over 212,000 borrowing clients, over 155Bn loan book with 98% recovery rate, operationally and financially self-sustaining. In order to serve our customers better with wider range of services and products, Board and Management has future plans of becoming a regulated financial institution in Uganda. We are looking for a competent person to fill the position of
Title: Credit (Loan) Officer at BRAC Uganda Microfinance Ltd
Reports to: Branch Manager
Purpose: To identify and screen potential borrowers, carry out appraisals, disbursing, monitoring, collections and keep high loan portfolio, carry out business development activities and ensure smooth and sustainabl... Read more
Cultivating New Frontiers in Agriculture (CNFA) is an international non-profit organization headquartered in Washington, D.C. and Brussels, Belgium with offices in 16 countries throughout Africa, Asia and Eastern Europe. We work with businesses, foundations, governments and communities to build customized local and global partnerships that meet the world’s growing demand for food. Since our inception in 1985, we have designed and implemented enterprise-based, agricultural development initiatives to facilitate market access, enhance agribusiness competitiveness, increase productivity and improve access to inputs and credit across 44 countries worldwide.
CNFA is preparing a proposal for an upcoming United States Agency for International Development (USAID)-funded food security project in Karamoja and we are currently seeking professional candidates to fill the position of
Position: Operations and Finance Director
Position: Gender Advisor
Locations: Karam... Read more
Why is it so difficult for African farmers to have access to loans? The study ‘Finance for Smallholders’ carried out by NpM, Platform for Inclusive Finance, together with AgriProFocus and funded by the Food & Business Knowledge Platform gives insights. The study provides 15 cases of how Dutch investors have successfully realised access to financial services for smallholder farmers.
Lesson 1: Organised farmers have better financing opportunities
Lesson 2: Learning to mitigate risks can be done
Lesson 3: Geodata can increase financial inclusion and food security
Lesson 4: We need to work towards green inclusive finance
More on these lessons learned and the full article can be read here. This article appeared in NABC Magazine edition 2017.
On 16th February 2017 NpM organises a conference on the subject ‘Geodata for inclusive finance and food.’
Rural and urban youth have the potential to contribute to food security, economic development, social inclusion and stability. But sadly, three of every four youths in Africa live on less than USD 2/day (African Economic Outlook 2013). Securing youth access to credit, savings, and insurance will unveil their talent for entrepreneurship, boost their self-esteem and allow them to have a positive transformative role in their society. Financing youth in agriculture is already happening, and where African youth have had this opportunity, they have found innovative and creative strategies to secure a future for themselves while contributing to the development of the private sector and social stability in their countries.
... Read moreLinks
Are you looking for a small investment business opportunity requiring capital of only Ugx 50,000/- yet with a potential to give returns of up to Ugx 69 million when you follow the pay plan?
Would you like to access wonderful digital books in Agriculture that will help you set up viable Agricultural projects?
If so, then welcome to
If interested in knowing more about how to become part of this, please join the group and get more info at:
Note: your sponsor or upline in AFRICANBOMA under which you will sign up is: izyrich
Digital technology has long been touted as the key to helping smallholder farmers around the world overcome barriers that have kept them trapped in poverty, though initial innovations did not always deliver on this promise. Now developers of digital tools for agriculture are trying to refine their offerings, focusing on products that farmers want to use and that align with their priorities. And at the top of that list is getting fair prices for their products.
“Farmers want direct access to markets,” said Daniel Monehin, MasterCard’s division president for sub-Saharan Africa. Through MasterCard Labs for Financial Inclusion — it
The European Union (EU), the International Fund for Agricultural Development (IFAD) and the National Social Security Fund (NSSF) are working together to catalyse investment in the agriculture value chain with the launch today of the Yield Uganda Investment Fund. An initial EUR12mn (UGX46bn) has been made available to provide much needed access to capital for small and medium agri-businesses in Uganda.
This new impact Fund, being arranged by Deloitte Uganda and Pearl Capital Partners Uganda (PCP), is expected to attract additional EUR13mn (UGX49.8bn) by the end of 2017 to reach EUR25mn (UGX95.8bn) in total commitments. Yield is a partnership between public and private investors that will offer innovative and tailored financial solutions, using equity, semi-equity and debt, to about 20 Small and Medium-sized Enterprises (SMEs) having the potential to generate both strong financial returns and significant social impact.
For the full artic
15 Dec 2016
DOB Equity has taken up a stake in Countryside Dairy Ltd at a publicly undisclosed value as part of a commitment to increase social impact investment deals in Kenya.
By investing in Countryside Dairy Ltd, the Private Equity fund with offices in Kenya, Tanzania and the Netherlands will be seeking a slice of the KES100bn Kenya Dairy sub-sector. According to the Kenya National Dairy Master Plan 2010 estimates, the Kenya dairy sub sector is valued at more than KES100bn and is the single largest contributor to Kenya’s agricultural GDP-higher than Tea and horticulture.
This latest investment will expand DOB Equity’s current equity portfolio in the regional diary sector, where it already holds a stake in Tanga Fresh, the Tanzania-based dairy processor.
Brigit van Dijk-van de Reijt, CEO of DOB Equity, comments: “Our latest deal in the East African dairy sector will allow Countryside Dairy to beef up its supply chain and offer better purchase
NWO-WOTRO has launched the fourth call for proposals for the Food & Business Global Challenges Programme (GCP). GCP aims to generate research-based advanced understanding of 1) emerging key issues in food security and their impact on regional and local food security and 2) the role of private sector development. This fourth GCP call specifically focuses on contributing to business models, incentives and innovative finance for scaling Climate Smart Agriculture. The call is developed in close collaboration with the Food & Business Knowledge Platform (F&BKP) and the CGIAR Research Programme on Climate Change, Agriculture and Food Security (CCAFS).
Transdisciplinary proposals can be submitted by teams of researchers and other (public/private) partners from both the Netherlands and from at least one Low- and Middle-Income Country (LMIC).
The Food & Bu... Read more
In this five-day masterclass, you will learn how to access innovative private sources of investment to finance your environmental or development projects. Through interactive sessions you will be trained to transform current projects into bankable projects or to design new bankable projects. You will be mentored by professionals and experts in business development, marketing, private sector finance and climate change.
During the course, you will be challenged to apply business model thinking to your real-life project and you will meet with financial sector professionals. After five days, you will have the skills and knowledge necessary to persuade investors to financially support your bankable project.
Location: Campuses of Nyenrode Business University and Wageningen Environmental Research.
Tuition fee: 3.995 euro per perso
Initié il y a une douzaine d’années à Bruxelles, l’AFIF a depuis voyagé à travers toute l’Europe: Bruxelles, Amsterdam, Utrecht, Genève, Lisbonne et Paris. L’année dernière le forum fût organisé pour la première fois au Cap en Afrique du Sud avec le soutien entre autres de la BEI (Banque Européenne d’Investissement), du PNUD (Programme de Développement des Nations Unies), de Pfizer Ventures, de l’ICD (Banque Islamique de Développement), de l’IFC (Banque mondiale) et de l’Afreximbank.
L’AFIF 2017 va attirer plus de 300 participants du Kenya, d’Afrique, d’Europe, des Amériques ainsi que du Moyent-Orient, et inclura :
2 jours de Formation pré-conférence pour les entrepreneurs (du 13 au 14 Février), suivis par 2 jours de conférence avec des sessions parallèles interactives et plénières. Les sessions parallèles se concentreront sur l’accès au financement dans des secteurs-clés: agriculture, eau, énergies renouvelables et santé;
Des rencontre... Read more
While the agricultural and services sectors have grown over the years, their contribution of tax revenue to the national treasury has remained dismally low, a study has found.
Researchers Joseph Mawejje and Ezra Munyambonera at the Economic Policy Research Centre (EPRC) found in a 2016 study that there were mismatches in contributions of economic sectors to overall tax revenue performance.
The study, titled Improving tax revenue performance in Uganda, found that the dominance of agriculture was the biggest impediment to tax revenue performance in Uganda.
A one percentage increment in the growth of agriculture is associated with a 2.3 percent decrease in the tax-to-GDP ratio.
"One possible explanation is that Uganda's agriculture sector is largely smallholder and informal and, therefore, potentially difficult to tax," the report says, adding that the sector has also been a major beneficiary of tax exemptions.
According to Bank of Uganda... Read more
Uganda will receive $195 million (Shs703b) from the African Development Bank (ADB) to support two agricultural projects in the country, in relation to the bank's Regional Alignment with Feed Africa Strategy. As per Uganda project, the ADB says the Agricultural Value Chains Development Project is $110 million (Shs396) and it is at appraisal stage and Agricultural Infrastructure Development Programme - CA11P-4 $85 million (Shs306) which is at identification stage.
In a presentation made at Sheraton Kampala Hotel recently during the launch conference on Feed Africa Strategy, the director of Agriculture and Agro-Industry Department ADB, Dr Chiji Ojukwu said under its Feed Africa Strategy, the bank intends to increase agricultural lending to $2.4b annually.
Chiji said, as per the programme, a focused approach on integrated commodity value chains is to be done adding that achieving Feed Africa Goals requires substantial inve... Read more
The 2016 Finance Fairs are all complete and were a huge success. Thanks to our partners for supporting us both Financially and by attending the Fairs. We look forward to successful fairs next year and having more partners on board whilst maintaining the current ones. Attached is the detailed report on both Fairs with information that may be useful as you design products and services for the Small Scale farmers.
“The fair was very educative, we had no bank account, but I know what is required to get one and I have had the opportunity to compare the terms with different financial institutions, my group should have a bank account in the near future.” - Masereka Geofrey of Lake Katwe Farmers Organisation
SNV Agriculture market support (AMS) project in partn... Read more
Inisiatif Citi Microentrepreneurship Awards (CMA) berasal dari Citi Foundation yang berkantor pusat di New York, Amerika Serikat. Inisiatif ini bertujuan untuk meningkatkan kesadaran masyarakat akan pentingnya kewirausahaan dan keuangan mikro dalam mendukung inklusi keuangan serta penguatan ekonomi individu berpenghasilan rendah.
Untuk mencapai tujuan tersebut, Citi Indonesia (Citibank, N.A.) bekerjasama dengan Mercy Corps Indonesia kembali menyelenggarakan CMA 2016. CMA adalah kompetisi untuk menghargai pengusaha mikro berprestasi yang berkontribusi positif kepada lingkungan di sekitarnya.
5 Kategori Penghargaan dalam CMA 2016,
1. Green Microentrepreneur
(usaha ramah lingkungan, semua sektor)
2. Agriculture Microentrepreneur (sektor agrikultur)
3. Service Microentrepreneur (sektor jasa dan layanan)
4. Fishery Microentrepreneur (sektor perikanan)