ECA participates in issuance of the first live Warehouse Receipt for White Maize in Mozambique

May 28, 2015

USAID's Southern Africa Trade hub implemented the first live Warehouse Receipt for White Maize in Mozambique at ECA's Catandica warehouse. A warehouse receipt system (WRS) enables farmers to deposit their product and receive a receipt for collateral whcih grants them access to credit; the farmer then has the option to sell when market prices are most favourable. ECA is acting as one of the four warehouse facilities selected for the pilot programme. Read the whole story here.