The National Bank of Ethiopia, together with the Ministry of Agriculture, launched the National Agri Finance Implementation Roadmap (NAFIR) for 2025–2030, setting out a joint programme to scale up agricultural finance. An inaugural steering committee meeting co-chaired by the Governor and the Minister approved the governance structure and the framework for the first annual work plan, initiating implementation. NAFIR is built around three pillars. Pillar I establishes a National Agri-Finance Accelerator (NAFA) to provide wholesale finance and credit guarantees to financial institutions, addressing constraints in loanable funds and agriculture-specific risks. Pillar II develops the Farmer Access to Streamlined Financial Services (FAST) framework to support rapid loan approvals and reduce lead times and costs for farmers. Pillar III introduces an Agri-Finance Centre of Excellence (CoE) to coordinate multi-stakeholder delivery in areas including financial and digital literacy, financial institution capacity-building, agricultural risk management, and institutional linkages.
National Bank of Ethiopia 2025-07-30
National Bank of Ethiopia and Ministry of Agriculture launch 2025–2030 National Agri Finance Implementation Roadmap
The National Bank of Ethiopia and the Ministry of Agriculture launched the National Agri Finance Implementation Roadmap (NAFIR) for 2025–2030 to enhance agricultural finance. The roadmap includes a National Agri-Finance Accelerator for wholesale finance, a Farmer Access to Streamlined Financial Services framework for expedited loan processes, and an Agri-Finance Centre of Excellence for stakeholder coordination and capacity-building.