Financial Policy and Regulatory Interventions – value chain finance for production and processing
agrofood & plastprintpack Conference

Financial Policy and Regulatory Interventions – value chain finance for production and processing

Legal
Wednesday, Mar 29, 2023
11:00 AM - 12:30 PM | Africa/Lagos

Panel

Hall 3 | The Conference Area
English
About
Access to capital and credit facilities has been described as one of the constraints facing optimal production in Sub Sahara Africa. This panel session will analyze the availability of financial products offered to the mid-sized agroindustry in production and processing, thereby carefully generating action plans to improve the ease of business locally and internationally. Furthermore, discussion on how these proffered financial solutions can create an enabling environment for businesses by looking at existing financial schemes provided by the Nigerian Government and private banking institutions.
Medium-sized businesses are critical to the development of any economy as they possess great potential for employment generation, improvement of local technology, output diversification, development of indigenous entrepreneurship and forward integration with large-scale industries.
In Nigeria, the medium-sized businesses sector has been under gross underperformance, undermining its contribution to economic growth and development. The issues affecting mid-sized enterprises are; an unfriendly business environment, poor funding, low managerial skills and lack of access to modern technology (FSS 2020 SME Sector Report, 2007). Among these, the shortage of finance occupies a very central position. These considerations underscore the relevance of the panel session as an important component of the Nigerian agrofood plastprint pack conference.



Session objectives:
This panel session will provide insights on best practices and plans to offer lasting solutions to finance accessibility for organizations that will further enhance the economy.
  • Access to transparency on financial performance and finance accessibility
  • The pursuit of financial inclusion as a vehicle for economic development through local businesses
  • Economic indicator pointers to support companies in monetary making decisions
  • How a change in the external environment, such as a pandemic or a recession, can affect the company's ability to operate as agreed upon when receiving the credit facility can have a negative impact on the company's survival
  • How loan providers can develop new products, expand their reach into new geographic areas, and address other strategic and operational challenges
  • Promotion of financial infrastructure; considerable attention has gone into designing new laws, regulations, and guidelines; these economic infrastructures could help Nigeria's financial sector modernise and significantly improve access to

Speakers

Edmond Arene

Bühler Group

Sebastian Barroso da Fonseca

Access Bank | German Desk

Kudzai Gumunyu

First City Monument Bank

Olushola Obikanye

Sterling Bank Plc

Moderators

Akin Alabi

Corporate Farmers