INTL FCStone’s Stuart Ponder Addresses Africa Breakfast Club
The event was hosted by the Planet Earth Institute
INTL FCStone is committed to developing Africa’s agricultural sector by providing capacity building support
INTL FCStone Inc. (NASDAQ:INTL) (https://www.INTLFCStone.com), a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets, today announced that Stuart Ponder, Senior Vice President, EMEA of its subsidiary INTL FCStone Ltd., addressed the Africa Breakfast Club on Thursday, November 26, 2015 on the topic of “Evolution of Structured Markets: Challenges and Opportunities in Africa’s Agricultural Development.” The event was hosted by the Planet Earth Institute.
“The lack of structured markets and investment in Africa’s agricultural sector has seen Africa’s maize yields stagnate for the last five decades the where the yields now are only 20% of developed economies,” commented Ponder. “Structured markets provide farmers with a financial infrastructure to encourage lending to the agricultural sector, a price discovery method that can see a 20% increase in prices to farmers and the potential to manage farmer risk through derivative products.”
Ponder continued, “Currently there are 28 countries taking initiatives to develop commodity exchanges and both the public and private sectors play an important role in developing these structured markets. The private sector needs to provide for product aggregation, including grading, storage and warehouse receipts, and for market infrastructure elements like trading platforms and clearing and settlements. The public sector needs to provide a fair and consistent legal and regulatory framework, outreach programs and storage, transport and communications infrastructure.”
INTL FCStone is committed to developing Africa’s agricultural sector by providing capacity building support including educational opportunities on the topic of risk management and commodity trading. There are three such opportunities being developed in 2016 in Abuja, Nairobi, and Lusaka. INTL FCStone also sponsors work experience placements and study visits as well as actively seeking partners to extend these initiatives.
Distributed by APO Group on behalf of INTL FCStone Inc..
INTL FCStone Inc.
Director of Public Relations
About INTL FCStone Inc.
INTL FCStone Inc. (https://www.INTLFCStone.com), including its subsidiaries, is a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets. Our revenues are derived primarily from financial products and advisory services that fulfill our clients’ real needs and provide bottom-line benefits to their businesses. We create added value for our clients by providing access to global financial markets using our industry and financial expertise, deep partner and network relationships, insight and guidance, and integrity and transparency. Our client-first approach engenders trust, and has enabled us to establish leadership positions in a number of complex fields in financial markets around the world.
Further information on INTL FCStone is available at www.intlfcstone.com.