Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing climate resilient agricultural practices in Ghana
- Energy generation and access
- Forests and land use
- Health, food and water security
- Livelihoods of people and communities
- Ecosystems and ecosystem services
Location & People
- Ghana GHA
- Public / Private
- Project size:
- E&S Risk category:
- Category I1
- Category I2
- Category I3
- Instrument Loan USD
- Instrument Grant USD
- Local financial institutions Loan USD
- African Development Bank Other USD
Project ownersAccredited Entity
- Access Modality: International
- African Development Bank
- Local financial institutions
- Agribusiness MSMEs
Although women carry out about 70 percent of agricultural activities in Ghana, they often do not have full control over incomes and agricultural products. They also lack access to formal, financing channels.
This programme is an on-lending programme providing credit lines to local commercial banks. These loans will exclusively target micro, small, and medium-sized enterprises (MSMEs) and farmer-based associations led by women to support low-emissions and climate-resilient agricultural practices. It seeks to empower women entrepreneurs through enhanced access to finance. This proposal was selected under the GCF MSME request for proposal pilot programme in 2016.
The Secretariat, in consultation with the Accredited Entity and National Designated Authority, will present to the Board options regarding increasing the grant portion of GCF funding to the benefit of the most vulnerable women.
This project has an estimated lifespan of 5 years.
|Gender assessment||FP114_AfDB_Ghana||05 Sep 2019|
|Gender action plan||FP114_AfDB_Ghana||05 Sep 2019|
|ESS report||FP114 - AfDB - Ghana||17 Jun 2019|
|Approved funding proposal||FP114 - AfDB - Ghana||23 Jul 2019|
- African Development Bank (AfDB) Mr. Timothy Afful-Koomson