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Friday, 14 March 2014

Video Guest: Lee H. Babcock, Expert on mobile finance for agriculture

In this week’s CTA Brussels video interview, Lee H. Babcock, Expert on mobile finance for agriculture, USA, tells us a bit more about key contributions in the field of agricultural value chain and the challenges with implementing those contribution.
Additionally, he comments on the need to bring together private sector interests with those of the smallholder farmers and the agricultural industry in general. Mr Babcock elaborates on the mobile money players who have an important role to play in agri value chains finance. He argues that  if they want to begin to profitably service rural areas, they will have to partner up with the agricultural sector and stakeholders such as multilaterals, local agricultural development organizations and of course government.     
On the 5th March 2014, Mr Babcock held a presentation on “Strategic benefits of and approaches to agricultural mobile finance” as part of the Brussels Briefing on “Revolutionising finance for agri-value chains” organised by CTA Brussels at the ACP Secretariat (in Brussels).
To find out more and watch his presentation: http://brusselsbriefings.net/past-briefings/finance-for-agri-value-chains/