AFIF featured over 250 decision makers from around the world; African Companies and financing institutions; International and bi-lateral organisations; NGOs and foundations working in Africa. The Rabobank Foundation, Centenary Bank, Global Development Cooperative, the World Bank, GIZ (German International Cooperation Organisation), FARA and the Shell Foundation are just a few of the organisations that attended the AFIF this year. Prof Monty Jones of FARA made a presentation on “Strategic partnerships to enhance investments in Africa’s Agricultural Productivity and Competitiveness” during the Session on: Innovative solutions to address the financial needs of SMEs & Cooperatives.
Related: EMRC Project Incubator Award Session
CESACOPA is the winner of 2012 Incubator Award. CESACOPA is a coffee cooperative located in Amboim province, Angola. The main objective of the CESACOPA project is to increase coffee quality standards for export while at the same time making a clear contribution to the community e.g., employment generation and pollution abatement. The coffee is produced without use of chemicals or pesticides and the fertilizer used is organic. It is also noted that the project impacts some 6000 families as direct beneficiaries.
This year’s 2012 Incubator Award was sponsored by Hivos, a leading Dutch organisation and Venture Capital for Africa (VC4A), a global platform connecting entrepreneurs and investors throughout Africa. With two leading organisations associated to this year’s award, the winner and nominees will receive increased international recognition and the opportunity to expand their global contacts. This prestigious award will be presided by a panel of international experts and the winner will receive a cash prize of US$15,000.
The project promoter Anastácio Roque Gonçalves explained, “This project aims to obtain a coffee grader machine and installing a small coffee laboratory to help the export chain and create the proper environment for fair trade and coffee certification”.
See brief 4: Rural Banking in Africa: The Rabobank Approach by Gerard Van Empel
Rural and agricultural finance innovations have significant potential to improve the livelihoods and food security of the poor. Although microfinance has been widely studied, a large knowledge gap still exists on the nuts and bolts of expanding access to rural and agricultural finance.
IFPRI’s 2020 Vision Initiative (July 2010) approached the rural finance team of the Agriculture and Rural Development Department of the World Bank to conceptualize and assemble this collection of briefs to narrow the knowledge gap by examining innovations in providing financial services to rural households