On September 2nd, 2015, the FAO and MasterCard signed a partnership agreement that will pave the way for a collaborative effort to develop inclusive payment systems to support small-scale farmers and poor families.
The two organizations will explore different ways to provide credit or money to households for purchases of basic needs and family inputs on local markets. This will support local economies and put financial tools in the hands of economically marginalized communities.
For more information, read the press release.
Last week, the Youth Ag Summit was held in Australia, drawing together more than 100 bright lights from 33 countries who all came together to talk about the future of food and agriculture. See some of the highlights through their YouTube video.
Bahkita Mkwingwiri from Balaka District in Malawi works with Gorta-Self Help Africa as a village-based farm adviser to lead farmers in Bisani village. She and Gorta-Self Help Africa extension agent Veneless Chimpesa were amongst the recipients of a travel bursary to attend a ten-week training course at Shuttleworth Agricultural College in the UK this summer. Farming First interviewed them about their experiences in Malawi and the UK.
14 July 2015, Addis Ababa – Highlighting a renewed global interest in agriculture, the European Investment Bank (EIB) is expanding its collaboration with FAO, a move aimed at broadening and deepening investment in agriculture in countries outside of the European Union.