AFC HOSTS MALAWIAN OFFICIALS

2nd October 2018. The Corporation hosted a delegation from Malawi Ministry of Finance, Economic Planning and Development at AFC Headquarters. The team comprised of seven of?cials from the Ministry of Finance, Economic Planning and Development, the Reserve bank of Malawi, the Ministry of Agriculture, Irrigation and Water Development, the Ministry of Industry, Trade and Tourism and the Farmers Union of Malawi were on a study tour to learn about the establishment, funding, operation, regulation and supervision of an agricultural bank/?nancial institution The Corporation took them through its Milestones, Operational models, Risk management and workable policies.AFC Managing Director Mr Meso underscored the need for formulating workable models and risk management mechanism that will enable the yet to establish Agricultural Cooperative Bank of Malawi stay a?oat basing on the risk nature of the agricultural sector The delegation led by the Malawian Director, Ministry of Finance, Economic Planning and Development, Mr.Ambrose Mzoma, also visited Tai Sacco in Githunguri Town, Kiambu County to learn about, funding, operations, regulations and supervision policies implemented at Sacco level. The Sacco is under AFC Cooperative's Ride-On Access Window (CRAW) model, a model that was developed by the Corporation to enhance ?nancial inclusion for the smallholder farmers, women and youth engaged in agricultural enterprises.