AZAFF Newsletter Volume 1

31/03/2016

AZAFF Newsletter Volume 1


Azerbaijan Agricultural Finance Facility (AZAFF) newsletter is to keep you informed of the programme’s activities and updated and to serve as a tool to share experiences between participants.


Since September 2015, the EBRD, with the support of the EU, is implementing AZAFF, a financing facility up to USD 40 million to encourage local financial institutions to increase lending to farmers and other entities in the agricultural sector. Establishing synergies is of utmost importance for the success of AZAFF. Hence, EU and EBRD organized a joint workshop “Accelerating Economic Diversification in Azerbaijan: Supporting Agriculture Sector” on November 26, 2015. Besides introducing the programme’s offer, the workshop provided a unique platform to discuss the challenges of Azerbaijani agriculture sector with local and international participants.

Technical assistance services for participating financial institutions are expected to be launched soon. In the meantime, AZAFF focuses on improving the capacity of Azerbaijani farmers through financial literacy and advanced farming techniques workshops.The first edition of the AZAFF Newsletter provides an overview of the achievements, latest updates and news on the programme. 

You can download the newsletter here:

Azaff Newsletter - March 2016

 



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Our Partners


The technical assistance funds of the project are provided by the EU Neighborhood Investment Facility.


This project is financed by the European Bank of Reconstruction and Development (EBRD).


The technical assistance services within the project are provided by Frankfurt School of Finance and Management.