Addis Ababa, June 10, 2026 — Fana Youth Saving and Credit Cooperative (Fana Youth SACCO) has been ranked first among the Top 30 Cooperatives Driving Financial Inclusion in Africa, according to a continental recognition announced in Maputo, Mozambique.
The recognition highlights the cooperative’s contribution to expanding access to financial services, promoting a savings culture, supporting youth and women, and strengthening economic resilience within communities.
In a related achievement, Dr. Halefom Gezaei Abera, President of Fana Youth SACCO, was ranked first among the Top 50 Most Influential Cooperative Leaders in Africa. The recognition acknowledges his leadership in advancing cooperative development, financial inclusion, and youth empowerment across the continent.
Over recent years, Fana Youth SACCO has expanded its services to underserved populations and increased economic opportunities for its members. The cooperative has also been recognized for its efforts in promoting inclusive growth and supporting community development initiatives.
Observers note that the achievements reflect the growing role of cooperative institutions in addressing financial exclusion and supporting sustainable economic development across Africa.
Representatives of Fana Youth SACCO expressed appreciation to members, employees, partners, stakeholders, and supporters for their contributions to the cooperative’s success. The institution stated that it remains committed to strengthening financial inclusion and promoting cooperative excellence in the years ahead.
The recognition is viewed as a significant milestone for both the cooperative and the communities it serves, underscoring the potential of cooperatives as instruments for economic empowerment, social development, and community transformation.
