Zambian banks pilot livestock collateral

The Bankers Association of Zambia (BAZ) says commercial Zambian banks have started piloting the use of livestock as collateral. Many Zambians welcomed the move, saying it is hard to meet collateral demands set by banks. According to BAZ, the pilot programme is conducted in collaboration with the Dairy Association of…

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Land Bank increasing support to emerging, small-scale farmers with R1 billion

South Africa‚Äôs Land Bank wants to provide R1 billion worth of finance to black entrepreneurs in the 2018 financial year to invest in predetermined agricultural products like fruit and nuts. CEO TP Nchocho said the bank also wants to invest R500 million in specific food and agricultural processing industries which…

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