ECONOMIC DEVELOPMENT

Economic development

Challenge: Africa’s growth needs to include underserved communities.

There is no denying that Africa’s economies are on the rise. However, hundreds of millions of Africans are still locked in the cycle of poverty. With almost every circumstance stacked against them and financial services out of reach, subsistence lifestyles are often all even the most determined Africans can achieve. This is especially true for women and Africa’s ever-growing youth population.

 

PanAfricare’s Solution: Africa’s community growth must be integrated .

Strengthening access to inputs and services : This includes financial inclusion where we link producers to  financial services, and training on how to effectively use them, can at long last grant underserved Africans the opportunity to share in their continent’s rise. We also work to increase access to other important inputs like farming inputs particularly those that are low cost and high yield or that are applicable in low resource settings like solar water pumps for irrigation. We also support access to other important services like veterinary and disease management extension services. 

 

Graduated Mentorship: After conducting a market assessment to determine local economic opportunities, Pan Africare hires local trainers to teach co-operative groups the skills they need to capitalize on these market prospects. And facilitates “business literacy.” All of these skills are reinforced in our mentorship model, occurring with peer guidance in step-by-step phases