African Confederation of Cooperative Savings and Credit Association
Association Des Cooperatives D'Epargne et de Credit D'Afrique
ACCOSCA is happy to present to you this year’s edition of the Cooperative Summit Magazine, the source for your entire cooperative read in Africa. This year we are analyzing how an integrated financial cooperative system can promote the African Development Agenda.
The cooperative sector in Africa has grown tremendously over the years. More recently, the impact of this sector has begun to be felt in various other sectors of the economy, such as contributing towards growth of GDPs, improving employment opportunities, and providing access to financial services. All areas that provide support for and better the lives of ACCOSCA’s members.
Our mobilization message this year is centered on the understanding that it is possible to eradicate poverty in Africa. In fact, ACCOSCA, as well as many of our supporters, strongly believe that the cooperative business model can indeed be a poverty alleviation strategy for this continent. Therefore, it is our responsibility as a sector to ensure the Cooperative model is understood and properly implemented in order to have a positive impact on people’s lives.
We are envisioning a landscape where there are strong linkages among key stakeholders in the Cooperative sector who create a compact and interdependent network. We hope, in turn, that this network will work together towards poverty alleviation. Last year, ACCOSCA sought to unify the sector and have a collective voice. Today, we
wish to see cooperatives expand their horizons and look beyond the Cooperative sector and instead engage with stakeholders in other key sectors. We want to create an interconnected chain in which every individual, institution and organization has a role to play and a clear goal to work towards. In doing so, we hope to ensure that roles and efforts are not duplicated, and that everyone achieves their objectives.
In this edition of the Cooperative Summit Magazine, cooperators from different corners of the continent discuss various topics relaying to this year’s theme, including analyzing SACCO growth and trends in different countries; presenting case studies on how the sector can contribute to the development agenda; and exploring the integration, performance, financial wellness and globalization of the sector visa vie performance. We trust you will find the articles engaging, informative, and the magazine overall to be a good read.
We would like to extend our sincerest gratitude to all of those that dedicated their time to developing articles for this edition as well as the editorial team for their efforts towards piecing it all together. If you would like to be featured in our March issue, please contact us via email at: firstname.lastname@example.org.
From the summit team, we welcome you to Kigali and hope you enjoy the 17th SACCA Congress and Rwanda.
With Cooperative Regards
Tonny Okoth Otieno (ADE)
Ag. Program Manager