Revolutionizing agricultural financing in ACP Countries

From IFAD social reporting blog Fri Jul 11 2014, 14:04:00

A game changing conference attracting over 600 delegates including farmers, farmer organizations, traders, bankers, financial institutions, governments, and government agencies, from the African, Caribbean and Pacific (ACP) countries are meeting in Nairobi, Kenya from 14 to 18 July 2014 to discuss ways of developing a modern and high-performing agricultural financing system that will enable agriculture serve the increasing demands of the urban and global markets. The President of Kenya, His Excellency Uhuru Kenyatta is scheduled to officially open the conference.  Several African Agriculture and Finance Ministers, as well as Central Bank Governors are also expected to attend.

The meeting is organized by the Technical Centre for Agricultural and Rural Cooperation ACP-EU (CTA), the African Rural and Agricultural Credit Association (AFRACA), the Central Bank of Kenya (CBK) and the Kenya School of Monetary Studies (KSMS). Other international organizations, including IFAD, are sponsoring the event.

The Fin4Ag conference will provide a platform for participants to learn about the various tools and initiatives that facilitate successful smallholder-inclusive agri-value chain finance. The conference will focus on the existing working models of agri-value chain finance that enhance food security as well as job, and wealth creation, along with the policy frameworks that support these initiatives.  Central Bank governors will share on what they can do to create an enabling environment for such agricultural financing.  

The conference will also showcase a range of new developments in ICT that aid access to secure financial transactions.  Sixteen digital platforms have ...

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