EAGC - Eastern Africa Grain Council

01/20/2025 | Press release | Distributed by Public on 01/20/2025 04:22

EAGC-GBI Regional training on international structured Commodity Trade Financing (ISCTF)

EAGC successfully conducted a regional training on International Structured Commodity Trade Financing (ISCTF) from 29th to 31st October 2024, bringing together key financial institutions from Kenya and Uganda and a cargo handling service provider from Tanzania. Held at Madinat Al Bahr Hotel in Zanzibar, the training provided a platform for knowledge exchange, networking, and showcasing innovative structured commodity trade financing solutions aimed at boosting sustainable food trading systems in East Africa.

It featured extensive theory and comprehensive practical training sessions with an aim of providing key insights and practical knowledge to professionals from financial institutions engaged in financing agricultural commodity trade. The training program focused on the complexities of financing the trade in agricultural commodities, an essential sector for economic growth and development. The specific focus was on financing of physical flows of commodities and risk management.

With the rise in global demand for agricultural products and the challenges related to financing trade, banks play a crucial role in providing the necessary financial support and risk mitigation mechanisms making this course fundamental and timely for financial institutions in the region.

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