New tech app to boost national agric targets

A new information and communication technology-leaning project has been rolled out in the framework of improving the resilience of smallholder farmers in the country. Smallholder farmers are considered the backbone of the country’s agriculture and feed millions through getting reliable and timely information and knowledge. The project called “Agricultural Services and Digital Inclusion in Rwanda” was developed by the Food and Agriculture Organisation (FAO), in conjunction with the Ministry of Agriculture and Animal Resources and the Ministry of Youth and ICT. It was launched ...

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Crop insurance scheme in final stage, ministry hopes to make it for 2018 Budget

Kuala Lumpur: Padi Beras Nasional Bhd (Bernas) is expected to contribute RM10 million to the crop insurance scheme set to be introduced in the upcoming national budget. Agriculture and Agro-Based Industry Minister Datuk Seri Ahmad Shabery Cheek said the main aim behind the introduction of the fund was to protect farmers in the event of natural disasters.

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Mastercard Launches Mobile Marketplace to Digitize East Africa’s Agricultural Sector

Mastercard today launched 2KUZE, a digital platform that connects smallholder farmers, agents, buyers and banks in East Africa. 2KUZE, which in Swahili means “Let’s grow together,” gives farmers access to more buyers, enables them to run a more profitable business and paves the way to a cashless agricultural sector. The platform brings the benefits and security of mobile commerce and payments to farmers in Kenya, Uganda and Tanzania. 

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IFC Helps Network International Expand Access to Payment Infrastructure in the Middle East and Africa

IFC and the MENA Fund have each invested $15 million to acquire indirect stakes in Network International, which is jointly controlled by the Emirates NBD Bank and Warburg Pincus/General Atlantic consortium. The investment will help the company expand and modernize its banking client network in the Middle East and Africa, by helping them develop electronic channels, improve their level of service, and expand their reach into underserved segments, boosting financial inclusion.

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Agricultural insurance: A tool for managing disasters

The 9th Consultative Forum came to a close this Tuesday, March 14, in Singapore, after an afternoon of discussions among supervisors, policymakers and the insurance industry in the Asia Pacific region on the challenges and potential of insurance to reduce the vulnerability of smallholder farmers against disasters and climate risks.

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New Evidence Overturns Traditional Approaches to Agriculture Investment

The majority of the world’s poor live in rural areas, with 70 percent of the rural poor working in agriculture. Ramping up agricultural productivity will be critical to lifting these households out of poverty.

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New network aims to help bridge multi-billion-dollar financing gap in rural areas

The establishment of a new network to help bridge the estimated US$150 billion financing gap that prevents small rural producers and businesses in developing countries from growing their operations and strengthening rural economies, was announced today.

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IFAD calls for agricultural investment to address poverty and inequality in Near East and North Africa

Income inequality and a rising rural-urban divide compounded by political instability, are the most challenging issues in the Near East and North Africa, says a new report to be presented today in Tunis by the International Fund for Agricultural Development (IFAD). Boosting the role of agriculture is vital to tackling poverty and inequality and for fostering economic development in rural areas, the report adds.

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Over 4m rural dwellers benefit from RUFIN

RUFIN is a programmed sponsored by the International Fund for Agricultural Development (IFAD) in collaboration with the Federal Government. The seven-year programme was introduced in 2010 to reduce poverty in rural areas by enhancing access to financial services for rural poor households. The programme gives special attention to women, the physically challenged and rural youths through group formation methodology.

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Gov’t, AGRA plan new agricultural financing mechanism

In an effort to find a lasting solution to the perennial agricultural funding challenge that has stalled development of the sector, the Alliance for a Green Revolution Africa (AGRA) NGO in collaboration with the Ghana government is developing an all-inclusive agricultural financing mechanism to that effect.
 

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