Financing the Future of Food: Maximizing Finance for Development in Agricultural Value Chains

The World Bank Group’s Maximizing Finance for Development (MFD) approach, which leverages private sector resources in fiscally, environmentally, and socially sustainable ways, can be a powerful engine for transforming the global food system into an engine of sustainable and inclusive growth. Join the World Bank Group and a diverse panel of speakers from the development, government, and business wo... view more


In this bite size video meet the panelist of the Financing The Future of Food event. This video includes opening remarks from Zeinab Badawi who provides a framing around the importance of maximizing finance for development in the agriculture sector, introductory comments from Hans Peter Lankes of the IFC around how the World Bank Group is adopting an MFD approach in order to improve development outcomes and reach the SDGs and remarks from Minister Mamadou Sangafowa-Coulibaly on how Ivory Coast can add value to it's agricultural production and ensure small holder farmers benefit from it.


In this bite size video hear from Dr. Agnes Kalibata on how AGRA has shifted from a research to advocacy organization working to harness the power of the private sector to bring about a green revolution in Africa. In addition hear from David Kamenetzky who provides a private sector perspective on what can attract private investment into a country and lastly from Jorge Esteve Recolons who offers an overview on the work of ECOM Agroindustrial and how it relates to the supply of crops grown in specific countries.


In this bite size video hear from Minister Mamadou Sangafowa-Coulibaly on what is being done in Ivory Coast to ensure the country is competitive and lowering risks for the private sector, and from David Kamenetzky on how the private sector can help in creating an enabling environment and contribute to the SDGs. Additionally hear from Hans Peter Lankes on how the World Bank Group is working to use lending techniques to enable financial intermediaries to reach smallholder farmers and women through the right application of lending techniques as well as working through the agricultural value chain with producers downstream to ensure the success of smallholder farmers. Lastly hear from Jorge Esteve Recolons on how organizations can communicate and reassure end consumers that all parts of the agricultural value chain are being treated fairly and transparently.


Hear from the panelist as they answer questions from the audience including: How to address the weak linkage between smallholder producers and processors to build stronger linkages to make financing more effective? How technology can connect farmers directly to markets and transform the agriculture value chain? and how can smallholder farmers be linked to affordable semi-processing machines and finance at minimal interest rates?


In this bite size video hear from the panelist on how to actively engage partners in co-investing and co-locating and final points from each of the panelist on crowding in financing to maximize finance in agricultural value chains.

About the Presenters

Agnes Kalibata

President, Alliance for a Green Revolution in Africa (AGRA)

As President of AGRA, Dr. Kalibata leads the organization’s efforts with public and private partners to ensure a food secure and prosperous Africa through rapid, sustainable agricultural growth, improving the productivity and livelihoods of millions of smallholder farmers.

Prior to joining AGRA in September 2014, Dr. Kalibata was Rwanda’s Minister of Agriculture and Animal Resources (MINAGRI). In this role, she was widely considered to be one of the most successful Agriculture Ministers in sub-Saharan Africa. Dr. Kalibata has held several other leadership positions, including Permanent Secretary of Ministry of Agriculture and Deputy Vice Chancellor of University of Rwanda. She also worked for the International Institute of Tropical Agriculture in Uganda, and various other agricultural development organizations. She sits on various boards including the International Fertilizer Development Corporation (IFDC), Bioversity International, Africa Risk Capacity, the Malabo-Montpellier Panel, and is a member of the Global Agenda Council of the World Economic Forum.

Dr. Kalibata has a distinguished track record as an agricultural scientist, policy maker and thought leader. She holds a doctorate in Entomology from the University of Massachusetts, Amherst.

David Kamenetzky

Chief Strategy & External Affairs Officer, ABInBEV

David Kamenetzky is Chief Strategy and External Affairs Officer at ABInBev, a transnational beverage and brewing company with global headquarters in Belgium. Until September 2016, David served on the management team of Mars, Incorporated, one of the largest privately held companies and among the top food manufacturers, with responsibilities for corporate strategy, corporate affairs and enterprise wide strategic initiatives. He left Mars after a ten-year tenure and successfully set up his own growth capital fund for disruptive food and beverage companies. Prior to joining Mars, David worked for Goldman Sachs & Co. in London and Frankfurt. Before going into the private sector, David worked for many years in the not-for-profit world. David is a Swiss citizen and graduated from the University of St. Gallen, Switzerland, with a lic. oec. (diploma) in finance, accounting and controlling, and from Georgetown University, Washington DC, with a master of science in foreign service.

Jorge Esteve Recolons

Member of the Executive Committee, ECOM Agroindustrial

Jorge Esteve Recolons is General Director of ECOM Agroindustrial, Mexico, and a shareholder and member of the Executive Committee of ECOM Agroindustrial, a leading global agribusiness commodity merchant and sustainable supply chain management company with a presence in over 40 countries. ECOM has a focus on coffee, cocoa and cotton, as well as selected other agricultural products. ECOM is one of the world’s top two coffee merchants, largest coffee miller, and among the top four merchants in cotton and cocoa.

Formerly, Mr. Esteve was part of the Executive Committee of HSBC for Latin America and the Caribbean, served as CEO of Insurance, Pensions and Investments in the region, and founded the Corporate Sustainability department for the bank in Mexico.

He is a member of the Consejo Mexicano de Negocios, an organism that gathers the executives of the most important companies in Mexico with the objective of furthering public policy to bolster investment and create employment.

Jorge is married and has three children. He graduated from Universidad Anahuac in Mexico City and obtained his MBA from the Kellogg Graduate School of Management in Chicago, Illinois.

Mamadou Sangafowa-Coulibaly

Minister of Agriculture and Rural Development, Côte d’Ivoire

Mamadou Sangafowa-Coulibaly has held the post of Minister of Agriculture of Côte d'Ivoire since February 2010. His department was expanded to rural development in January 2016 and his exact title is since then, Minister of Agriculture and Rural Development of Côte d’Ivoire.

Before becoming a Minister, Mr. Sangafowa-Coulibaly was the Deputy Chief of Staff of the Minister of Agriculture from 2003 to 2010 while being the Government Commissioner within the Fonds Interprofessionnel pour la Recherche et le Conseil Agricole (FIRCA - Interprofessional Fund for Agricultural Research and Counselling), Chairman of the Management Committee of Institut National de Formation Agricole (INFPA - the National Institute for Agricultural Training), Director at Centre de Démonstration et de Promotion de Technologie (DDT the Center of Demonstration and Promotion of Technology) and the Fund of Regulation and Control of coffee-cocoa.

Before working for the state of Côte d'Ivoire, he created his business in 1992 and he specialized in exporting agricultural products. That experience earned him, among others, the "Prize for the best mango brand" awarded by the Liaison Committee Europe-Africa-Caribbean-Pacific - (COLEACP). As part of his departmental activities, he is appointed in April 2016, by his peers, President of the 29th FAO Regional Conference for Africa for a two-year term in which he will have to defend African positions in agricultural governance in the highest levels of decision making. At the last international fair of agriculture of Paris, in February 2017, he was named Commander in the Order of French Agricultural Merit by his colleague the Minister Stéphane Le Foll, Minister of Agriculture, Agro Industry and Forestry. His country raised him also to the rank of Officer in the National Order and Commander of the Order of Agricultural Merit. He has been a member of the ruling party, since it’s creation in 1994. He has held several positions of responsibility. He was elected deputy of his hometown Kohrogo in 2011 and reelected in 2016 for five years. He is also Vice-President.

Married, he is the father of four children He holds a Master of Science and Techniques from the University of Abidjan and he also completed graduate studies in Accounting and Financial Techniques at Institut National Supérieur de l’Enseignement Technique de Yamoussoukro (I.N.S.E.T the Higher National Institute of Vocational Education of Yamoussoukro).

Hans Peter Lankes

Vice President, Economics and Private Sector Development, IFC

Hans Peter Lankes is IFC’s Vice President of Economics and Private Sector Development. In this capacity, Mr. Lankes is responsible for ensuring that IFC’s strategies and projects have a consistent focus on development results. He also provides independent economic analysis and oversight to all IFC’s operations, and ensures coordination with the World Bank and other international financial institutions on private sector development issues.

A German national, Mr. Lankes previously served as the Managing Director of Corporate Strategy at the European Bank for Reconstruction and Development. He was also a member of the EBRD’s Executive Committee. As Managing Director, he advised the EBRD President on the institution’s strategy and was responsible for designing and achieving shareholder support for its priorities. He also led the EBRD’s expansion into the Southern and Eastern Mediterranean region.

Previously, Mr. Lankes served as the EBRD’s Acting Chief Economist, reorganizing the department into the bank’s research hub. As Acting Vice President for Policy from 2012 to 2013 and again in late 2014, he established the department as a focal point for the in-country delivery of policy reforms.

Prior to joining the EBRD in 2007, Hans Peter worked at the International Monetary Fund in Washington, D.C., where he was Chief of the Trade Division and Adviser in the Policy Development and Review Department. His earlier career includes positions at the Central American Business School, the Nicaraguan Ministry of Economy, and the German-Thai Chamber of Commerce, before a first period of employment at the EBRD between 1993 and 2000.

Mr. Lankes holds a Ph.D. in Public Policy and a Master of Public Administration from Harvard University, as well as economics degrees from Albert Ludwigs Universität Freiburg and Université de Grenoble.

Zeinab Badawi

International Broadcaster and Chair, Royal African Society

Zeinab was born in the Sudan - her family moved to London when she was two years old.

Zeinab studied Philosophy, Politics and Economics at Oxford University and took a Masters Degree (awarded with a distinction) on Middle East History and Anthropology at SOAS London University. In 2011 Zeinab was awarded an honorary doctorate by SOAS, London University for her services to international broadcasting. In 2015 she received a second honorary doctorate for journalism from the London College of Communications - University of the Arts London. Zeinab has extensive experience in television and radio, working on a range of programmes. She is one of the best-known broadcast journalists working in the field today. In 2009 she was awarded International TV Personality of the Year by the Association of International Broadcasters, and was named in Powerlist 2012 and 2015 as one of Britain’s top 100 most influential members of the blackcommunity. In 2016, Zeinab received the May Chidiac Foundation lifetime achievement award.

She is the current Chair of the Royal African Society, a Queen’s appointment to the Board of the Historic Royal Palaces, a trustee of BBC Media Action (the charitable arm of the BBC), a Vice-President of the United Nations Association UK, and a board member of the African Union Foundation. She is also a member of the World Economic Forum's Global Agenda Council for Africa. Zeinab is a former trustee of the National Portrait Gallery. She has been a board member of the British Council, the Centre for Contemporary British History, aformer Chair of the London based freedom of speech campaign organisation, Article 19, and a board member of the Overseas Development Institute.

Current work:

Hard Talk for the BBC: this programme has, and continues to feature some of the best-known personalities and politicians in the world. Zeinab also presents Global Questions and World Debates on BBC World TV featured on both BBC radio and television. Through her own production company she has produced and presented many programmes, including currently the definitive TV series of African history in association with UNESCO.

She has four children.