Uganda Recognizes CFC’s Role in G20 Agriculture Ministerial Statement
Amsterdam, 19 September 2025 – The Common Fund for Commodities (CFC) warmly welcomes the recognition accorded to its work in the statement delivered by the Republic of Uganda at the G20 Agriculture Ministerial Meeting held in Cape Town, South Africa.
Speaking on behalf of the African Union Member States in his capacity as Chair of the AU Specialized Technical Committee on Agriculture, Rural Development, Water and Environment (STC–ARDWE), Hon. Kyakulaga Fred Bwino, Uganda’s Minister of State for Agriculture, called for called for stronger multilateral mechanisms to ensure the resilience and sustainability of commodity-based economies.
In his intervention, he explicitly recognized the role of the Common Fund for Commodities (CFC), stating: “I propose that the G20 should call for the strengthening of international and intergovernmental institutions set up to help commodity-dependent countries, such as the Common Fund for Commodities (CFC).”
This acknowledgement underscores the importance of the CFC’s mission to support smallholders and SMEs in commodity-dependent developing countries, helping them access finance, markets, and technologies while promoting inclusive and sustainable agrifood systems.
Commenting on this recognition, Ambassador Sheikh Mohammed Belal, Managing Director of the CFC, said: “We are deeply honoured by this reference at such a high-level forum. Uganda’s statement is a recognition not only of the CFC’s work, but also of the billions of smallholders and workers across the Global South whose livelihoods depend on commodities. We take this as encouragement to redouble our efforts to humanize value chains and deliver inclusive growth for commodity-dependent communities.”
The CFC has long advocated for innovative and blended finance solutions that empower smallholder farmers, cooperatives, and SMEs to overcome structural barriers in global commodity markets. By working closely with Member States, international partners, and local enterprises, the CFC contributes to building food systems that are better equipped to address the challenges of climate change, market volatility, and poverty.
This recognition at the G20 Agriculture Ministerial demonstrates the growing momentum behind strengthening institutions like the CFC that are dedicated to bridging finance and development for the benefit of commodity-dependent countries. The CFC remains committed to delivering transformative, scalable, and sustainable solutions for global commodity challenges, while ensuring that no producer is left behind.
About the Common Fund for Commodities (CFC):
The CFC is an intergovernmental financial institution based in Amsterdam, working in over 100 countries to support inclusive economic development through impact investing in commodity value chains.
About the G20 Agriculture Ministerial Meeting
The G20 Agriculture Ministerial Meeting brings together agriculture ministers from the world’s largest economies to discuss global food security, sustainable agrifood systems, and the resilience of agricultural value chains. It serves as a high-level forum for international cooperation, policy alignment, and joint action to address challenges such as climate change, market volatility, and the needs of smallholder farmers worldwide.
For media inquiries, please contact:
[CFC Media Relations Team]
[Email: managing.director@common-fund.org]
[Phone: +31 20 575 4949]