Promoting access to finance for West African cashew processors

The Trade Hub is promoting large cashew factories to large financial institutions. To date, the nascent larger cashew processors are having difficulties in finding local banks to provide adequate working capital facility loans to purchase raw cashew nuts and cover their operational cost.  For example, a local bank could loan $1million, another $2 million, when… Read More

In Mali, Trade Hub workshop for bankers to transform agribusiness lending

Related video here Coris Bank officials in Mali learned risk mitigation strategies for agricultural lending and how to better negotiate with loan applicants during a Trade Hub training in the capital, Bamako, February 17-18, 2017. Following similar workshops in Cote d’Ivoire and Burkina Faso, the training walked 15 participants through practical modules on different agribusiness… Read More

Readying financial access program for small women-owned businesses in Côte d’Ivoire

The Trade Hub’s finance and investment specialists held a series of meetings from January 30 to February 3 with prospective beneficiaries of the Trade Hub’s Gender Access to Finance Strategy, soon to be rolled out in Côte d’Ivoire. Business Development Services Specialist Ms. Kafui Djonou, Finance and Investment Specialist Mr. Charles Adegnandjou and a local… Read More

In Côte d’Ivoire, two financial institutions coached in lending practices for smaller agribusinesses

Ivorian bank officials learned risk management strategies for agribusinesses and how to better negotiate with loan applicants during a Trade Hub coaching mission in three cities, January 27-February 3. The training for Coris Bank and Oikocredit  agents followed a 2016 agreement between the two banks and USAID’s Development Credit Authority (DCA) to expand loan opportunities… Read More

Hub’s Financial Advisor helps Ivorian rice processor access financing to increase processing capacity

Through its Financial Advisor network, the Trade Hub helped facilitate a 300 million West African Franc ($491,693) loan for Agricultural Management Company – Food and Commerce (AMC-FC), a major rice processor in Côte d’Ivoire. In addition to a previous $1.25 million Hub-facilitated loan, AMC-FC now has about $1.3 million to boost its processing capacity of… Read More

Seminar in Burkina Faso trains financiers on facilitating $20 million in financing to agribusinesses

From December 3-5, the Trade Hub teamed with Coris Bank International to train 16 bank staff and the Hub’s Burkinabe Financial Advisors on “Financing of Agribusiness Value Chains” in Ouagadougou, Burkina Faso. Jean-Francois Guay, the Hub’s Finance and Investment Team Lead, and Gerard Mariotte, an international finance consultant, developed and led the training modules for… Read More

Women-owned businesses in Burkina Faso continue to thrive under the Hub’s Access to Finance Strategy

As part of its Gender Access to Finance Strategy, the Trade Hub is working with women cereals processors in Burkina Faso to access streams of financing to grow their businesses. From November 7-19, the Hub’s Business Development Specialist, Kafui Djonou, met with these women in Ouagadougou and Bobo to assess how these loans have impacted… Read More

Trade Hub B2B bridges gap between Ivorian SMEs and Financial Institutions

In July 2015, the U.S and the Ivorian governments signed a Memorandum of Understanding to facilitate transactions and trade in Cote d’Ivoire. To support this MoU, the Trade Hub through its Finance and Investment component has been working in collaboration with firms and financial institutions to increase the access of targeted sectors, including SMEs, to… Read More

Workshop: Invest in Animal Feed

The Trade Hub, in collaboration with the Nigerian Institute of Animal Science (NIAS) and Alvan Blanch, a UK-based equipment supplier, will hold a workshop at the Sheraton Hotel in Ikeja, Lagos with the theme: From mash to pellet: adding value in the animal feed sector. The objectives of this workshop will be to provide new ideas… Read More

The Trade Hub: Bridging SMEs and financial institutions

Putting together a strong and detailed business plan is the first step before any company is up and running, but across West Africa, it’s a common stumbling block to adequate financing for small and medium enterprises (SMEs). “Access to credit is particularly arduous for the agribusiness sector and even more so for SMEs,” said Jean Francois Guay, the Trade Hub’s Investment… Read More

West Africa Trade and Investment Hub - Accra, Ghana - contact@watradehub.com
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