Structured Trade and ICTs - WRS/CEX

Organised by: CTA

return to sessions

Warehouse receipts and exchanges can play in a significant role in addressing some of the key problems in agriculture – lack of access to finance, poor price discovery, large market inefficiencies. However, using traditional approaches, warehouse receipt systems and commodity exchanges can be prohibitively expensive to set up. The fast development of ICT in this domain has, however, radically changed the situation. What opportunities has ICT opened up for African countries to implement these mechanisms on the ground, and what are the key steps that governments and the private sector have to take to realise the potential?