Cracking the Nut 2012: Interview with Kofi Owusu-Boakye of USAID on warehouse receipts and using guarantees
This blog post was originally posted on Enterprising Ideas: The Microlinks Blog.
During the Cracking the Nut Conference on June 25-26 in Washington, DC, the Microlinks Team interviewed USAID's Kofi Owusu-Boakye following his presentation with CRDB Bank, "Warehouse Receipts in Africa: Using Guarantees to Leverage Private Sector Capital." In this video Owusu-Boakye discusses how USAID and CRBD worked to facilitate access to credit for smallholder farmers using the warehouse receipt system with the support of a guarantee.
Bio: Kofi Owusu-Boakye, USAID
Kofi Owusu-Boakye serves as the lead Investment Officer for USAID's Development Credit Authority (DCA) partnerships in East Africa. The DCA is a US Congressional authorization that allows USAID to mobilize local financing to support the development objectives of the U.S. government through US Treasury-backed credit guarantees. Mr. Owusu-Boakye previously worked as the technical team leader for the DCA's Portfolio Management unit. His prior experience in development finance includes serving as Regional Managers for the same program in Eastern Europe and South-East Asia. Mr. Owusu-Boakye has an MBA in Finance from the University of Maryland, and a BA in Economics and Foreign Affairs from the University of Virginia.