Agriculture Finance Diagnostic : Zambia
The agricultural sector plays a critical role in the Zambian economy. The share of the agriculture sector's GDP financed by the banking sector is among the highest in Africa. Nearly half the population is working in agriculture. Yet less than...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/241301582041593315/Agriculture-Finance-Diagnostic-Zambia http://hdl.handle.net/10986/33400 |
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okr-10986-334002021-09-16T16:16:21Z Agriculture Finance Diagnostic : Zambia World Bank AGRICULTURAL FINANCE ACCESS TO FINANCE FINANCIAL INCLUSION AGRICULTURAL INSURANCE The agricultural sector plays a critical role in the Zambian economy. The share of the agriculture sector's GDP financed by the banking sector is among the highest in Africa. Nearly half the population is working in agriculture. Yet less than 5 percent of institutional credit goes to small and medium scale farms. Recent gains in financial inclusion of farmers, driven by the rapid growth in access to mobile money, present a key foundation on which to build. The Zambia Agriculture Finance Diagnostic identifies several key actions the Government can take to realize these opportunities. The high priority actions include providing incentives to the private sector to deliver financial services in rural areas, strengthening the capacity of the recently-established Zambia Credit Guarantee Scheme to effectively serve the agriculture sector, and strengthening the design and implementation of the weather index insurance scheme. The report also recommends that the Government consider developing an agriculture finance action plan that is adequately resourced and allocates clear implementation responsibilities. 2020-03-03T15:47:55Z 2020-03-03T15:47:55Z 2019 Report http://documents.worldbank.org/curated/en/241301582041593315/Agriculture-Finance-Diagnostic-Zambia http://hdl.handle.net/10986/33400 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study Africa Zambia |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGRICULTURAL FINANCE ACCESS TO FINANCE FINANCIAL INCLUSION AGRICULTURAL INSURANCE |
| spellingShingle |
AGRICULTURAL FINANCE ACCESS TO FINANCE FINANCIAL INCLUSION AGRICULTURAL INSURANCE World Bank Agriculture Finance Diagnostic : Zambia |
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Africa Zambia |
| description |
The agricultural sector plays a critical
role in the Zambian economy. The share of the agriculture
sector's GDP financed by the banking sector is among
the highest in Africa. Nearly half the population is working
in agriculture. Yet less than 5 percent of institutional
credit goes to small and medium scale farms. Recent gains in
financial inclusion of farmers, driven by the rapid growth
in access to mobile money, present a key foundation on which
to build. The Zambia Agriculture Finance Diagnostic
identifies several key actions the Government can take to
realize these opportunities. The high priority actions
include providing incentives to the private sector to
deliver financial services in rural areas, strengthening the
capacity of the recently-established Zambia Credit Guarantee
Scheme to effectively serve the agriculture sector, and
strengthening the design and implementation of the weather
index insurance scheme. The report also recommends that the
Government consider developing an agriculture finance action
plan that is adequately resourced and allocates clear
implementation responsibilities. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Agriculture Finance Diagnostic : Zambia |
| title_short |
Agriculture Finance Diagnostic : Zambia |
| title_full |
Agriculture Finance Diagnostic : Zambia |
| title_fullStr |
Agriculture Finance Diagnostic : Zambia |
| title_full_unstemmed |
Agriculture Finance Diagnostic : Zambia |
| title_sort |
agriculture finance diagnostic : zambia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020 |
| url |
http://documents.worldbank.org/curated/en/241301582041593315/Agriculture-Finance-Diagnostic-Zambia http://hdl.handle.net/10986/33400 |
| _version_ |
1764478675985629184 |