Draft:AFEX

About
AFEX is an agriculture commodities exchange in West and East Africa. It was launched in Nigeria in January 2014 as the first private licensed exchange in Nigeria and the largest in West Africa.

Location
The AFEX headquarters is located in Nigeria’s capital city, Abuja, with other offices located in Kenya, Uganda , and Cote d’Ivoire

Overview
AFEX is a Pan-African organization championing efficient trade and wealth creation through the commodities market in Africa. AFEX runs a platform business that works through key pillars of infrastructure, markets, and capital. Operating through 3 business entities (AFEX Fair Trade Limited, AFEX Commodities Exchange, AFEX Investment Limited), AFEX addresses the challenges faced by smallholder farmers, providing inputs, credit facilities, micro-insurance, storage services, training, and markets. AFEX also facilitates the trade of physical commodities and commodity contracts through a technology platform, Africa Exchange which helps bridge the gap between the capital market and the commodities market, unlocking finance for production, trade, processing and export of commodities