Working closely with local stakeholders in Mozambique, the Southern Africa Trade Hub launched the first phase of field extension training on the Warehouse Receipts System in Chimoio. Warehouse managers from Strategic Partnership Grantees ETG and Cargill, financiers from local banks Banco Oportunidade de Mozambique (BOM) and Banco Tierra, and local extension agents participated in the training on the IT system, which was held at Cargill’s warehouse facility.
The training represents the first phase of introducing Warehouse Receipts System (WRS) operational guidelines and procedures for warehouse managers to implement at certified warehouse pilot sites. It included a live test demonstration linked to the web-based platform and showcased the new website for the Mozambique Warehouse Receipt System.
The website will host the entire WRS to enable farmers, traders, and grain buyers to access an efficient web-based platform. Electronic warehouse receipts will be generated through the online system from registered and certified warehouse sites that receive grain deposits. The depositor can then choose to access loan finance online through a pre-approved facility supported by local banks.