in Short

Commodities: Nigerian exchange AFEX
to expand into Uganda

AFEX, Nigeria’s leading commodity exchange
and market player, is expanding into
Uganda, after it entered Kenya.

In this East African country, AFEX aims to
reach 10,000 farmers in its first year of
operation. It plans to aggregate 15,000
metric tons of commodities (maize,
sorghum, soya, barley and coffee), while
extending its aggregation, storage, and
financial inclusion services to Ugandan
farmers and processors.

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