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Heritage history
Heritage agricultural
Heritage focus
Our Heritage

Nearly Five Decades of Impact

Established under the auspices of the Food and Agriculture Organization (FAO), AFRACA was formally created in 1977 in Nairobi, Kenya, following recommendations of the 1975 World Food Conference in Rome, as a pan-African network to coordinate rural financial services.

AFRACA holds FAO Liaison status and is an active member of the global RACA family, alongside APRACA, ALIDE, NENARACA and CICA, and serves as a continental platform for knowledge exchange, policy dialogue, and partnerships connecting member institutions across Africa.

1977

Year Founded

85+

Member institutions

30+

Countries reached

48+

Years of regional service

Our Journey & Milestones

Over Four Decades of Institutional Evolution

From a foundational rural credit mandate in 1977 to a comprehensive continental finance and policy alignment network.

1973

Concept Origin in Accra

The idea for Regional Agricultural Credit Associations (RACAs) was conceived during an FAO seminar in Accra, Ghana, focusing on agricultural credit for smallholders.

1977

Official Establishment

Following recommendations of the 1975 World Food Conference in Rome, AFRACA was formally established as a pan-African network to coordinate rural financial services.

1981

Secretariat Registered

The AFRACA Secretariat was formally registered in Nairobi, Kenya, under the NGOs Coordination Act, establishing its permanent operational headquarters.

2003

Diplomatic Status Granted

The Government of Kenya granted AFRACA full diplomatic status and privileges, cementing its standing as a major international intergovernmental organization.

Today

Continental Knowledge Infrastructure

Today, AFRACA connects Central Banks, commercial banks, and microfinance institutions across the continent, serving as a hub for policy alignment and digital finance.

Strategic Framework

Our Strategic Pillars

Policy Development & Advocacy

Influencing continental regulatory frameworks for rural and agricultural finance across African governments and central banks.

Knowledge Management

Publishing research papers, policy briefs, and curating a continent-wide knowledge portal on agricultural finance innovation.

Networking & Partnerships

Forging strategic alliances with UNDP, FAO, AFD, AGRA, IFAD and global sister associations.

Training & Capacity Building

Demand-driven programmes in value chain finance, agri-loan analysis, digital finance, and enterprise risk management.

Technical Assistance

Providing tailored advisory services, digital transformation support, and climate finance expertise to member institutions across Africa.

Credit Lines

Mobilising and channelling wholesale credit lines from development partners, BOAD, EBID and AFD, to member financial institutions.

Executive Committee

Strategic Leadership & Oversight

AFRACA is governed through member-led structures that keep the Association aligned with institutional needs and the continental rural finance agenda.

MN
Executive Committee

Mrs. Marie-Goreth Ndayishimiye

AFRACA Vice Chairperson & Second Deputy Governor, Banque de la République du Burundi

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AM
Executive Committee

Mr. Augustine Matutu

Chairperson - East Africa Sub-Region & Senior Manager Agribusiness and SMEs, Azania Bank, Tanzania

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LK
Executive Committee

Mr. Lawrence Kutsienyo

Chairperson - West Africa Sub-Region II (English Speaking) & Chief Manager, Governors Department, Bank of Ghana

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JC
Executive Committee

Dr. Jesimen Chipika

Chairperson - Southern Africa Sub-Region & Deputy Governor, Reserve Bank of Zimbabwe

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AS
Executive Committee

Mrs. Azaratou Sondu

Chairperson - West Africa Sub-Region I (French Speaking) & CEO, FCPB, Burkina Faso

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IA
Executive Committee

Mr. Ibrahima Tamou Ahmed

Chairperson - Central Africa Sub-Region & CEO, Union des MECK, Comoros

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TL
Executive Committee

Mrs. Taimouri Lamiya

Chairperson - North Africa Sub-Region & Head of Agricultural Expertise & Sustainable Development, Crédit Agricole du Maroc

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CC
Executive Committee

Mrs. Charlotte Mulengezi Chishibanji

Representative from AFRACA Big Institutions & First Vice Governor, Banque Centrale du Congo

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WA
Executive Committee

Mr. Wakil Adjibi

Representative from AFRACA Small Institutions & CEO, Vital Finance, Benin

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CL
Executive Committee

Mrs. Cynthia J. Lekolool

Permanent Seat Representative & Assistant Director, Bank Supervision, Central Bank of Kenya

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