Embassy of Switzerland and partners launch Warehouse Receipt System

Press releases, 09.11.2017

The International Finance Corporation (IFC) in collaboration with the Ministry of Trade and Industry, Ministry of Food and Agriculture, the Ghana Commodity Exchange and the Embassy of Switzerland launched the national Warehouse Receipt System project as an intervention to improve access to credit and markets for the agricultural sector. The program was launched in Accra and convened over 120 participants and stakeholders.

The project will provide technical assistance and advisory services with the aim to set up a well-functioning regulated Warehouse Receipt System that is expected to help facilitate linkage to financing opportunities that can increase credit to farmers and the supply chain, including increase in farmer revenues through a transparent price discovery mechanism and linkage to structured markets, while at the same time reduce post-harvest storage loses.

Full press release. (PDF, 210.3 kB)