In September 2023, finance experts from Benin, Cameroon, and Uganda united in Frankfurt Germany to explore the philosophy of the cooperative principles in Germany, embodied by the trailblazer Friedrich Wilhelm Raiffeisen and Hermann Schulze Delitsch.
This visit focused on the mechanisms and tools to assure a resilient, transparent, and innovative cooperative banking sector. The delegation could meet with high-level executives from core players (for example BaFin or DZ Bank), fostering a clear vision for the future of the cooperative banking sector in Europe.
DGRV’s role in this pivotal journey reaffirms their commitment to fostering economic and social progress in African communities through cooperative banking services. Decision-makers from our selected partner countries in Africa could study the actual functioning and impact and the challenges for financial cooperatives.
In Germany, the spirit of cooperative action is deeply embedded in the culture, emphasizing interconnectedness and the greater good.
The achievement of the tour was to translate the German cooperative banking experiences into concrete and tangible recommendations and actions which can support the social and economic development, especially in rural and semiurban communities across their countries. Mr. Dehning from BVR stressed in his opening lecture the importance of “Sicherungseinrichtung” and specialized governing body. He outlined the role and rolls of BVR. During a visit to the Deutsche Bundesbank, the role and interaction of Bundesbank, BaFin, and the cooperative Auditing association were outlined and questioned from different perspectives. It was of great importance to understand the relevance and advantages of having central institutes for a common cooperative sector as it is the DZ Bank and the R+V Insurance.
A Project Story of the Month / DGRV Team Africa
A new partnership between DGRV and the Cooperative Development Authority (CDA) in the Philippines is enhancing regulatory oversight and stability within the cooperative sector.
More
DGRV’s project in Honduras focuses on strengthening the cooperative financial sector, particularly in rural areas, and improving access to financial products and services. The initiative also aims to enhance resilience to climate change and promote the efficient use of natural resources, fostering sustainable and inclusive economic growth.
More
The 8-year long TAKBİ project within the framework of the Turkish and German association cooperation, revitalized Turkish agricultural cooperatives by surmounting challenges, elevating organizational structures, improving service quality, and fostering member satisfaction, leaving a lasting positive impact on the cooperative landscape in Turkey.
More
Financial experts from Benin, Cameroon, and Uganda embarked on a journey to Germany to explore the essence of cooperative principles, forging a vision for a resilient banking sector that transcends borders and fosters economic and social progress in African communities.
More
In an extraordinary gathering, female traditional leaders from Southern Africa converged to harmonize the concepts of Ubuntu and cooperative principles, setting a visionary path for community development.
More
Empowering Cambodia's agricultural cooperatives through dynamic seminars: DGRV and AERD/RUA collaborate to drive leadership, professionalism, and sustainable growth.
More
In June, eight Chilean organizations participated in an Exposure Visit to learn from the experience of Energy Cooperatives in Germany
More
Empowering Mozambican youth through cooperative entrepreneurship to tackle unemployment and promote economic growth.
More
Helping the cooperative CCampo Alimentos to implement an Agrivoltaic pilot project in Brazil
More
Adaptation measures to climate change in rural areas in India
More
Renewable Energy in Costa Rica generated by cooperatives.
More
Food Processing with a Regional Federation
More
Digitisation of Primary Co-operatives in eSwatini
More
A central solution that enables members to make daily agricultural necessities available promptly and financially affordable
More
The creation of Community Distributed Generation Cooperatives in Chile.
More
Textile cooperative in Tunisia
More
Facilitating access to quality agricultural finance products in Cameroon
More
Generating business and commercial connections with the "Networks in Action" project
More
Mid- term courses for cooperative officials in Vietnam
More
The collaboration between the Brazilian and German cooperative sector
More
DGRV Kenya supports project partners on their way to adapt to “The new normal” in times of COVID-19
More
Pablo and his Potatoes
More
Strengthening small rural producer organizations in Colombia
More
Cooperative Social Responsibility in Honduras
More