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CALL FOR PROPOSALS
The 18 th Call for Proposals was closed on 15 April 2021. All information relating to the submission process in this Call for Proposals, i.a. application form and instructions for completing the same, is still accessible but we are no longer able to accept newproposals now.
MEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
CONTACT US – COMMON FUND FOR COMMODITIES Rietlandpark 301. 1019 DW Amsterdam, the Netherlands: P.O. Box 74656. 1070 BR Amsterdam, the NetherlandsCALL FOR PROPOSALS
The Common Fund for Commodities (CFC) is seeking applications for support of commodity development activities in its member countries. The objectives of the CFC supported interventions are: WORKING GROUP ON SUSTAINABLE FUND MANAGEMENT This content is password protected. To view it please enter your password below: Password: PARTNERSHIP WITH THE AFRICA AGRICULTURE SME FUND (AAF-SME Project Description. The CFC invested into the AAF-SME fund, which supports private sector companies that implement strategies to enhance and diversify food production and distribution in Africa by providing equity or quasi equity funding while strengthening their management aswell.
KUPANUA PROJECT
Asili Farms, a fully-mechanized farming company, manages dual-season production of high quality maize and soybeans for supply to regionalfood processors.
THE FOURTH INDUSTRIAL REVOLUTION 1 Introduction With the development of new technologies such as artificial intelligence, advanced robotics, and genetic editing, humankind is considered to AUTONOMOUS AND SUSTAINABLE COCOA AND COFFEE PRODUCTION BY 2 Project background T o support sustainable cocoa and coffee production by indigenous Asháninka people of Peru the Common Fund for Commodities (CFC), the COMMON FUND FOR COMMODITIESABOUT USPROJECTSNEWS AND EVENTSCOMMODITY TOPICSPUBLICATIONSDISCLAIMER CFC holds 71 st Meeting of Executive Board by teleconference. On 20 April 2021, the CFC held its 71 st Meeting of the Executive Board (EB), using teleconference facilities for the third time due to the restrictions posed by the COVID-19 pandemic. The meeting was chaired by Ms. Anna Tofftén (Sweden) and was well attended. It also included the participation of the newly elected Chairperson ofCALL FOR PROPOSALS
The 18 th Call for Proposals was closed on 15 April 2021. All information relating to the submission process in this Call for Proposals, i.a. application form and instructions for completing the same, is still accessible but we are no longer able to accept newproposals now.
MEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
CONTACT US – COMMON FUND FOR COMMODITIES Rietlandpark 301. 1019 DW Amsterdam, the Netherlands: P.O. Box 74656. 1070 BR Amsterdam, the NetherlandsCALL FOR PROPOSALS
The Common Fund for Commodities (CFC) is seeking applications for support of commodity development activities in its member countries. The objectives of the CFC supported interventions are: WORKING GROUP ON SUSTAINABLE FUND MANAGEMENT This content is password protected. To view it please enter your password below: Password: PARTNERSHIP WITH THE AFRICA AGRICULTURE SME FUND (AAF-SME Project Description. The CFC invested into the AAF-SME fund, which supports private sector companies that implement strategies to enhance and diversify food production and distribution in Africa by providing equity or quasi equity funding while strengthening their management aswell.
KUPANUA PROJECT
Asili Farms, a fully-mechanized farming company, manages dual-season production of high quality maize and soybeans for supply to regionalfood processors.
THE FOURTH INDUSTRIAL REVOLUTION 1 Introduction With the development of new technologies such as artificial intelligence, advanced robotics, and genetic editing, humankind is considered to AUTONOMOUS AND SUSTAINABLE COCOA AND COFFEE PRODUCTION BY 2 Project background T o support sustainable cocoa and coffee production by indigenous Asháninka people of Peru the Common Fund for Commodities (CFC), the PROJECTS – COMMON FUND FOR COMMODITIES What we do. For more than 25 years, CFC has financed development projects. The multi-country dimension of the project financing mechanism and commodity initiatives undertaken by the Fund and its partners has proven to be the most suitable approach to improve overall problems and challenges in commodity sector inMember-Countries.
NEWS AND EVENTS
Ambassador of the Republic of Iraq visits CFC. 8 April 2021, Amsterdam. H.E. Dr. Hisham Al-Alawi, Ambassador of the Republic of Iraq to the Netherlands, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC. H.E. Dr. Hisham Al-Alawi, today paid a courtesy visit to the Common Fund for Commodities to discuss matters to enhance commodityMEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
PUBLICATIONS
Annual Reports | Agreement Establishing the CFC | Operational Rules & Procedures | Speeches and Statements NEWS – COMMON FUND FOR COMMODITIES Amsterdam, 16 November 2020. The Common Fund for Commodities (CFC) holds the 2020 Meeting with International Commodity Bodies (ICBs)virtually
VACANCIES – COMMON FUND FOR COMMODITIES CFC is aware of fictitious employment offers being circulated via email or originating from online job boards. Many of these schemes consist of an alleged offer of employment or contract with CFC in return for the payment of fees or providing personal or bankinginformation.
30TH ANNIVERSARY
The Hague, 3 December 2019 30 th Anniversary. In 2019 the Common Fund for Commodities (CFC) marks 30 years of its establishment. On this occasion, the CFC will organize an Anniversary Event in The Hague, The Netherlands, on 3 December 2019, to look at its 30 years of operations, and to discuss the Members’ expectations about the future work of the CFC. COMMON FUND FOR COMMODITIESWEB VIEW The Applicant observes the principles of UN Global Compact, including universal principles on human rights, labour, environment andanti-corruption.
WAREHOUSE RECEIPTS TRADED ON COMMODITY EXCHANGE IMPROVE The Common Fund for Commodities has supported the development of warehouse receipts systems across Africa in the past 15 years. The case of Malawi illustrates the benefits which warehouse receipts create for all participants, especially to individual farmers. COVID-19 UPDATE AND OPEN CALL FOR PROPOSALS - are financially sustainable, - have a potential measurable positive socio-economic and environmental impact on the stakeholders in commodity value chains as compared to the prevailing baselinesituation,
COMMON FUND FOR COMMODITIESABOUT USPROJECTSNEWS AND EVENTSCOMMODITY TOPICSPUBLICATIONSDISCLAIMER Responding to the ongoing pandemic of Coronavirus, COVID-19, the Common Fund for Commodities (CFC) has adopted several measures based on most recent guidelines announced by the Government of the Netherlands on 20 April 2021. At the same time the CFC endeavors to keep up to date with all of the changing guidelines globally, with aspecific focus
CALL FOR PROPOSALS
The 18 th Call for Proposals was closed on 15 April 2021. All information relating to the submission process in this Call for Proposals, i.a. application form and instructions for completing the same, is still accessible but we are no longer able to accept new proposals now. However, the 19 th Call for Proposals shall beannounced soon.
CONTACT US – COMMON FUND FOR COMMODITIES Rietlandpark 301. 1019 DW Amsterdam, the Netherlands: P.O. Box 74656. 1070 BR Amsterdam, the Netherlands WORKING GROUP ON SUSTAINABLE FUND MANAGEMENT Working Group on Sustainable Fund Management – Common Fund forCommodities.
CALL FOR PROPOSALS
The financial support for any individual intervention can be in the range of of USD 60,000 to 1,500,000 mainly targeted to for-profit organisations and social enterprises operating in commodity sector. The CFC funding will be 7 years (2 years for disbursement of CFC funds and a further 5 years for repayment of debt/loans/ repayable grantsetc.).
MR. DICK ERNSTE, CEO OF PUM NETHERLANDS SENIOR EXPERTS Mr. Dick Ernste, CEO of PUM, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC. Mr. Dick Ernste was accompanied by Mr. Wim Heijser, Country Coordinator Bangladesh, while Amb. Belal was accompanied by Ms. Sonja Timmer, Project Manager. Mr. Dick Ernste came to visit CFC, for the first time, to know more COVID-19 UPDATE AND OPEN CALL FOR PROPOSALS - are financially sustainable, - have a potential measurable positive socio-economic and environmental impact on the stakeholders in commodity value chains as compared to the prevailing baselinesituation,
PARTNERSHIP WITH THE AFRICA AGRICULTURE SME FUND (AAF-SME The CFC invested into the AAF-SME fund, which supports private sector companies that implement strategies to enhance and diversify food production and distribution in Africa by providing equity or quasi equity funding while strengthening their management as well. The AAF-SME fund provides finance to enterprises active in the primary,secondary
THE FOURTH INDUSTRIAL REVOLUTION 1 Introduction With the development of new technologies such as artificial intelligence, advanced robotics, and genetic editing, humankind is considered to COMMON FUND FOR COMMODITIESABOUT USPROJECTSNEWS AND EVENTSCOMMODITY TOPICSPUBLICATIONSDISCLAIMER Responding to the ongoing pandemic of Coronavirus, COVID-19, the Common Fund for Commodities (CFC) has adopted several measures based on most recent guidelines announced by the Government of the Netherlands on 20 April 2021. At the same time the CFC endeavors to keep up to date with all of the changing guidelines globally, with aspecific focus
CALL FOR PROPOSALS
The 18 th Call for Proposals was closed on 15 April 2021. All information relating to the submission process in this Call for Proposals, i.a. application form and instructions for completing the same, is still accessible but we are no longer able to accept new proposals now. However, the 19 th Call for Proposals shall beannounced soon.
CONTACT US – COMMON FUND FOR COMMODITIES Rietlandpark 301. 1019 DW Amsterdam, the Netherlands: P.O. Box 74656. 1070 BR Amsterdam, the Netherlands WORKING GROUP ON SUSTAINABLE FUND MANAGEMENT Working Group on Sustainable Fund Management – Common Fund forCommodities.
CALL FOR PROPOSALS
The financial support for any individual intervention can be in the range of of USD 60,000 to 1,500,000 mainly targeted to for-profit organisations and social enterprises operating in commodity sector. The CFC funding will be 7 years (2 years for disbursement of CFC funds and a further 5 years for repayment of debt/loans/ repayable grantsetc.).
MR. DICK ERNSTE, CEO OF PUM NETHERLANDS SENIOR EXPERTS Mr. Dick Ernste, CEO of PUM, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC. Mr. Dick Ernste was accompanied by Mr. Wim Heijser, Country Coordinator Bangladesh, while Amb. Belal was accompanied by Ms. Sonja Timmer, Project Manager. Mr. Dick Ernste came to visit CFC, for the first time, to know more COVID-19 UPDATE AND OPEN CALL FOR PROPOSALS - are financially sustainable, - have a potential measurable positive socio-economic and environmental impact on the stakeholders in commodity value chains as compared to the prevailing baselinesituation,
PARTNERSHIP WITH THE AFRICA AGRICULTURE SME FUND (AAF-SME The CFC invested into the AAF-SME fund, which supports private sector companies that implement strategies to enhance and diversify food production and distribution in Africa by providing equity or quasi equity funding while strengthening their management as well. The AAF-SME fund provides finance to enterprises active in the primary,secondary
THE FOURTH INDUSTRIAL REVOLUTION 1 Introduction With the development of new technologies such as artificial intelligence, advanced robotics, and genetic editing, humankind is considered toNEWS AND EVENTS
Ambassador Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), was accompanied by Mr. Axel Gruber, Chief Operations Officer of the CFC, and Mr. Andrey Kuleshov, Strategy and Development Advisor of the CFC. After exchange of usual greetings and pleasantries, Ambassador Tan inaugurated the meeting involving high PROJECTS – COMMON FUND FOR COMMODITIES What we do. For more than 25 years, CFC has financed development projects. The multi-country dimension of the project financing mechanism and commodity initiatives undertaken by the Fund and its partners has proven to be the most suitable approach to improve overall problems and challenges in commodity sector inMember-Countries.
MEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
PUBLICATIONS
Publications. Annual Reports | Agreement Establishing the CFC | Operational Rules & Procedures | Speeches and Statements. 2019 ANNUAL REPORT 2019 Annual Report 2019 Mission & Vision Statement Mission “To contribute to poverty alleviation by strengthening the income-generating capacity of commodity producers and mitigating vulnerability to their economicwell being”
30TH ANNIVERSARY
The Hague, 3 December 2019 30 th Anniversary. In 2019 the Common Fund for Commodities (CFC) marks 30 years of its establishment. On this occasion, the CFC will organize an Anniversary Event in The Hague, The Netherlands, on 3 December 2019, to look at its 30 years of operations, and to discuss the Members’ expectations about the future work of the CFC. COVID-19 UPDATE AND OPEN CALL FOR PROPOSALS - are financially sustainable, - have a potential measurable positive socio-economic and environmental impact on the stakeholders in commodity value chains as compared to the prevailing baselinesituation,
VACANCIES – COMMON FUND FOR COMMODITIES Vacancies. Vacancies in the Secretariat are announced on this website and are also notified to Members of the CFC. They are open only to nationals of Member Countries of the CFC. The working language of the Common Fund is English. All staff members of the Common Fund work at its headquarters in Amsterdam, The Netherlands. COMMON FUND FOR COMMODITIESWEB VIEW The Applicant observes the principles of UN Global Compact, including universal principles on human rights, labour, environment andanti-corruption.
WAREHOUSE RECEIPTS TRADED ON COMMODITY EXCHANGE IMPROVE The Common Fund for Commodities has supported the development of warehouse receipts systems across Africa in the past 15 years. The case of Malawi illustrates the benefits which warehouse receipts create for all participants, especially to individual farmers. COMMON FUND FOR COMMODITIESABOUT USPROJECTSNEWS AND EVENTSCOMMODITY TOPICSPUBLICATIONSDISCLAIMER Responding to the ongoing pandemic of Coronavirus, COVID-19, the Common Fund for Commodities (CFC) has adopted several measures based on most recent guidelines announced by the Government of the Netherlands on 20 April 2021. At the same time the CFC endeavors to keep up to date with all of the changing guidelines globally, with aspecific focus
CALL FOR PROPOSALS
The 18 th Call for Proposals was closed on 15 April 2021. All information relating to the submission process in this Call for Proposals, i.a. application form and instructions for completing the same, is still accessible but we are no longer able to accept new proposals now. However, the 19 th Call for Proposals shall beannounced soon.
MEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
CONTACT US – COMMON FUND FOR COMMODITIES Rietlandpark 301. 1019 DW Amsterdam, the Netherlands: P.O. Box 74656. 1070 BR Amsterdam, the Netherlands WORKING GROUP ON SUSTAINABLE FUND MANAGEMENT Working Group on Sustainable Fund Management – Common Fund forCommodities.
COMMON FUND FOR COMMODITIESABOUT USPROJECTSNEWS AND EVENTSCOMMODITY TOPICSPUBLICATIONSDISCLAIMER Responding to the ongoing pandemic of Coronavirus, COVID-19, the Common Fund for Commodities (CFC) has adopted several measures based on most recent guidelines announced by the Government of the Netherlands on 20 April 2021. At the same time the CFC endeavors to keep up to date with all of the changing guidelines globally, with aspecific focus
CALL FOR PROPOSALS
The 18 th Call for Proposals was closed on 15 April 2021. All information relating to the submission process in this Call for Proposals, i.a. application form and instructions for completing the same, is still accessible but we are no longer able to accept new proposals now. However, the 19 th Call for Proposals shall beannounced soon.
MEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
CONTACT US – COMMON FUND FOR COMMODITIES Rietlandpark 301. 1019 DW Amsterdam, the Netherlands: P.O. Box 74656. 1070 BR Amsterdam, the Netherlands WORKING GROUP ON SUSTAINABLE FUND MANAGEMENT Working Group on Sustainable Fund Management – Common Fund forCommodities.
NEWS AND EVENTS
Ambassador Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), was accompanied by Mr. Axel Gruber, Chief Operations Officer of the CFC, and Mr. Andrey Kuleshov, Strategy and Development Advisor of the CFC. After exchange of usual greetings and pleasantries, Ambassador Tan inaugurated the meeting involving high ABOUT US – COMMON FUND FOR COMMODITIES The Common Fund for Commodities (CFC) is an autonomous intergovernmental financial institution established within the framework of the United Nations. The Agreement Establishing the Common Fund for Commodities was negotiated in the United Nations Conference on Trade and Development (UNCTAD) from 1976 to 1980 and becameeffective in 1989.
PROJECTS – COMMON FUND FOR COMMODITIES What we do. For more than 25 years, CFC has financed development projects. The multi-country dimension of the project financing mechanism and commodity initiatives undertaken by the Fund and its partners has proven to be the most suitable approach to improve overall problems and challenges in commodity sector inMember-Countries.
MEMBER STATES
CFC has 101 Member States and 9 Institutional Members. Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of theFund.
PUBLICATIONS
Publications. Annual Reports | Agreement Establishing the CFC | Operational Rules & Procedures | Speeches and Statements. GUIDELINES FOR OPERATIONS OF THE CFC Grant funding: CFC contribution ranging from USD 60,000 to USD 500,000 per project, Projects targeting specific commodity issues: Financing with outlay per project in the range of USD 60,000 to 1,500,000 mainly targeted to for-profit organisations and social enterprises operating in commodity sector, and. Development Partnerships: The CFC will30TH ANNIVERSARY
The Hague, 3 December 2019 30 th Anniversary. In 2019 the Common Fund for Commodities (CFC) marks 30 years of its establishment. On this occasion, the CFC will organize an Anniversary Event in The Hague, The Netherlands, on 3 December 2019, to look at its 30 years of operations, and to discuss the Members’ expectations about the future work of the CFC. 2019 ANNUAL REPORT 2019 Annual Report 2019 Mission & Vision Statement Mission “To contribute to poverty alleviation by strengthening the income-generating capacity of commodity producers and mitigating vulnerability to their economicwell being”
VACANCIES – COMMON FUND FOR COMMODITIES Vacancies. Vacancies in the Secretariat are announced on this website and are also notified to Members of the CFC. They are open only to nationals of Member Countries of the CFC. The working language of the Common Fund is English. All staff members of the Common Fund work at its headquarters in Amsterdam, The Netherlands. WAREHOUSE RECEIPTS TRADED ON COMMODITY The Common Fund for Commodities has supported the development of warehouse receipts systems across Africa in the past 15 years. The case of Malawi illustrates the benefits which warehouse receipts create for all participants, especially to individual farmers.Menu
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CFC HOLDS 71ST MEETING OF EXECUTIVE BOARD BY TELECONFERENCEMAKING
COMMODITIES
WORK FOR
EVERYONE
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ASPIRATIONS
FOR GROWTH,
ACHIEVEMENT
AND BETTER LIFE
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CFC IS AT
THE HEART OF
DEVELOPMENT
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CFC HOLDS 71ST MEETING OF EXECUTIVE BOARD BY TELECONFERENCE On 20 April 2021, the CFC held its 71st Meeting of the Executive Board (EB), using teleconference facilities for the third time due to the restrictions posed by the COVID-19 pandemic. The meeting was chaired by Ms. Anna Tofftén (Sweden) and was well attended. It also included the participation of the newly elected Chairperson of the Consultative Committee, Ms. Jie Chen (China), and of the Minister for Agriculture & Fisheries of Jamaica, Hon’ble Mr. Floyd Green and other dignitaries from CFC’s member states and partners. In his opening remarks, Managing Director Sheikh Mohammed Belal addressed the lingering effects of the COVID-19 pandemic on developing countries and small producers. He emphasised that Least Developed Countries, Landlocked Developing Countries, and Small Island Developing Countries must be urgently addressed. Moreover, as an increasing number of quality projects are being submitted under the Call for Proposals, member states were urged to provide the necessary support for the CFC to do justice of these good proposals, and thus, expand its impact. In this regard, the stronger focus of CFC projects on SDG 13 (Climate action), beyond its “core SDGs”, washighlighted.
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MISSION
To contribute to poverty alleviation by strengthening the income-generating capacity of commodity producers and mitigating vulnerability to their economic well being.VISION
To strengthen and diversify the commodity sector in developing countries and transform it to be a major contributor to poverty alleviation and sustained economic growth and development. NEWSLETTER 17 – APRIL 2021HIGHLIGHTS
Fruit and spices from Madagascar: A journey from local to global valuechains
------------------------- A year-long adaption to COVID-19 ------------------------- Climate vs social impact: Trade-offs and synergies ------------------------- Geodata for Agriculture and Water program (G4AW) supports innovationsfor food security
------------------------- Overcoming the challenges of exporting coffee from Democratic Republic of the Congo and Rwanda ------------------------- Outreach initiatives of the CFC from September 2020 to April 2021 -------------------------UPCOMING EVENT
68TH MEETING OF THE CONSULTATIVE COMMITTEE 28 JUNE TO 1 JULY 2021ALL EVENTS
CFC RESPONSE TO COVID 19 PANDEMIC – UPDATE 19 MAY 2021 What is Common Fund for Commodities (CFC) doing about the coronavirusoutbreak?
Responding to the ongoing pandemic of Coronavirus, COVID-19, the Common Fund for Commodities (CFC) has adopted several measures based on most recent guidelines announced by the Government of the Netherlands on 20 April 2021. At the same time the CFC endeavors to keep up to date with all of the changing guidelines globally, with a specific focus in its Member Countries. When the World Health Organization categorized the spread of the virus as a pandemic, it became incumbent on all of us to be innovative in adopting appropriatemeasures.
These measures pertain to contingency staffing, working from home and quickly adapting to virtual meetings etc. However, the CFC as an organization that is devoted to the socioeconomic development of commodity producers, remains acutely aware of its enhanced duties at this time of pandemic. We are focusing on providing all necessary support to our projects partners assisting them to remain on course during this challenging time. The CFC is working hard to remain in contact with the project implementing authorities, providing support to minimize the impact of COVID-19, whenever possible..
.
Internally, staff are advised to observe all COVID-19 related protocols such as social distancing, washing hands regularly, working from home as much as possible and staying at home when unwell. The CFC has implemented these measures to minimize the risks of transmission of this virus and to offer staff a safe working environment should they choose to work from the office. All reasonable measures are taken to protect CFC staff and its clients, while minimizing the impact of the outbreak on the implementation of the CFC’s activities in 2020 and beyond. We currently operate at full capacity with most work being done from home in the virtual “cloud office” of the CFC. The CFC Member States were duly informed and updated about these measures during 70th Executive Board Meeting and the 32nd Governing Council Meeting which were held, virtually, on 1 October 2020 and 9December 2020 resp.
In the meantime, the CFC would like to highlight the essential nature of enhanced global cooperation to keep commodity supply chains as minimally impacted as possible, which is at the center of the CFC’s mission as an UN affiliated International Financial Organization. On 23 June 2020, the Executive Board of the CFC approved the establishment of the Emergency Liquidity Facility under the authority of the Managing Director which will assist qualifying companies to cover the need for additional working capital caused by the pandemic. The CFC will continue its quest to keep itself in a state of readiness so that resiliency in the supply chain continues when lockdown restrictions imposed due to COVID-19 begin to ease. We will have to work in unity and with solidarity with all our partners and peers to emerge with as few disruptions as possible, while taking note of the positive silver linings, such as increased network preparedness and the increased familiarity with online business connectivity between the developing and developed world and to tweak, where appropriate, our work in the future. Please write to us at covid19-response@common-fund.org if you have any comment/suggestion/idea to share. CFC’s COVID-19 situation briefingUnited
Nations Update COVID-19 Global Trade HelpdeskCOVID-19
WHO
- COVID-19 advice
OUR MISSION
MAKING COMMODITIES WORK FOR EVERYONE The Common Fund’s mandate is to enhance the socioeconomic development of commodity producers and contribute to the development of society as a whole. In line with its market-oriented approach, the Fund concentrates on commodity development projects financed from itsresources.
These resources consist of voluntary contributions, capital subscriptions by Member Countries transferred to the Second Account and interest earned. In partnership with other development institutions, the private sector and civil society, the Fund endeavours to achieve overall efficiency in and impact on commoditydevelopment.
OUR PROJECTS
In the least developed countries people heavily depend on commodities for their livelihood. Thus, commodities form the backbone of economies and they account for the bulk of the export earnings of countries. CFC is proud to play a catalytic role in promoting and supporting poverty alleviation through commodity- focused development. COMPLETED PROJECT – PROGRAMME FOR THE DEVELOPMENT AND DISSEMINATION OF SUSTAINABLE IRRIGATION MANAGEMENT IN OLIVE GROWING Although this was a challenging project to begin with, but it concluded with impacts as was intended, if...Read More
RURAL INJINI – INCLUSIVE MAIZE TRADING AND PROCESSING, UGANDA Project Description The CFC have been supporting the Ugandan smallholder farmers to aggregate and to process maize in...Read More
EXPANDING THE VANILLA VALUE CHAIN Project Description Natural Extracts Industries Limited (‘NEI’) is a natural vanilla flavour manufacturer collecting vanilla pods from5,000...
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FRUITS AND SPICES MADAGASCAR – WORKING CAPITAL Project Description CFC is working in Madagascar with a local business, SCRIMAD, to fund value chain upgradation for...Read More
COMPLETED PROJECT – COMMODITY BRANDING Project Description CFC worked with the Shell Foundation to successfully brand certain products of the Windward Strategic Ltd....Read More
REDUCING VULNERABILITY TO PRICE VOLATILITY – KENYA Project Description Price volatility creates food and nutrition insecurity for millions of people. For the world’s poor –...Read More
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NEWS
DEPUTY HEAD OF MISSION FOR THE REPUBLIC OF KENYA VISITS THE CFC 27 MAY 2021, AMSTERDAM. Ambassador Ms. Judith Achieng’ Sijeny, Deputy Head of Mission at the Embassy of Kenya in The Hague, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC. Ambassador Sijeny today paid a courtesy visit to the Common Fund for Commodities to discuss issues of mutual interests. As a commodity dependent developing country, Kenya, as stated by Amb. Sijeny, takes CFC with utmost importance. Kenya expressed their readiness to do more for their people as well as for all poor people in the region. Ambassador Sijeny was accompanied by Ms. Josephine Opili, Third Secretary at the Embassy. Ambassador Belal was accompanied by Mr. Hector Besong, Portfolio and Risk Manager.READ MORE +
AMBASSADOR OF THE PEOPLE’S REPUBLIC OF CHINA VISITS CFC VIRTUALLY 11 MAY 2021, AMSTERDAM. The CFC received H.E. Mr. TAN Jian, Ambassador of the People’s Republic of China to the Netherlands, and other Embassy dignitaries virtually on 11 May 2021. Ambassador Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), was accompanied by Mr. Axel Gruber, Chief Operations Officer of the CFC, and Mr. Andrey Kuleshov, Strategy and Development Advisor ofthe CFC.
After exchange of usual greetings and pleasantries, Ambassador Tan inaugurated the meeting involving high officials from the Embassy of The Hague, namely Mr. Zhang Guosheng, Economic and Commercial Counselor, Mr. Wang Sheng, Third Secretary, and Ms. Li Xi, Third Secretary. In his inaugural statement, Excellency Tan felicitated CFC for its innovative work and dedication for the SMEs and Smallholder farmers in developing countries.READ MORE +
MEETING WITH OFFICIALS FROM THREE BOTSWANAN MINISTRIES, GABORONE, AND THE EMBASSY OF BOTSWANA, BRUSSELS 28 APRIL 2021, AMSTERDAM. CFC received H.E. Mr. Samuel Otsile Outlule, Ambassador of Botswana in Brussels and other dignitaries virtually on 28 April 2021. The delegation from Botswana was consists of senior officials from the Ministry of Investment, Trade and Industry, Ministry of Agriculture and the Ministry of Foreign Affairs and Cooperation from Gaborone as well as embassy officials based inBrussels.
H.E. Ambassador Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), accompanied by Mr. Axel Gruber, Chief Operations Officer of the CFC, and Mr. Andrey Kuleshov, Strategy and Development Advisor of the CFC received this Botswana delegation.READ MORE +
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