EAX is regional commodity exchange offering commodity trade services in Rwanda and East Africa Community (EAC) common markets (173 million consumers) in key staples food crops such as Maize, Beans and Soya.
EAX deals with high quality products meeting the requirement of EAC standards. Key value proposition is guarantees on quantity and quality of farmers' grains, reliability of trade and settlement services and high level of risk mitigation.
The company was created in 2013 to further strengthen EAC regional integration by developing a common and coherent financial sector in agriculture, energy and mining. EAX links deprived rural farmers to financial markets. It offers financial product development to its members and facilitates trades regionally and worldwide.Read More
At the recent African Green Revolution Forum in Nairobi, one of the outstanding take-outs was that Africa may need $400 billion (Sh40 trillion) in investment in food production over the next decade ...Tue 27 Sep 2016, 12:00 am
Plans of establishing a commodity exchange in the country have taken too long and it is time decisive action is taken to make this a reality. With the present global commodity super-cycle, the nee...Tue 13 Sep 2016, 12:00 am
When it is Kenya, the talk of agriculture being the backbone of economy is now a cliché but so is the sad tale of farmers who supply commodities in exchange for loss. Despite the season long ...Tue 26 Jul 2016, 12:00 am
Market access ranks among the headaches of grain farmers, leading to losses or manipulation by brokers or middlemen. However, farmers now stand a better chance of wriggling past the hawk-eyed a...Thu 21 Jul 2016, 12:00 am
EAX trading operations aims primarily to transform agriculture in East Africa region by creating more bargaining power for smallholders farmes, including access to price information, storage facilities and bank financing based on electronic warehouse receipt system. The fundamental focus is to increase Africas global trade competitiveness by building economies of scale. This will foster Africa's capital markets in agriculture commodities and promote liquidity in the market. EAX carefully selected commodity products that can be stored for longer period of time (at least 9 months of storage in order to improve their selling strategies. Agricultural commodities traded at EAX are...Read More
EAX operates a fully automated trading platform where participants can buy and sell products from the convenience of their location of choice, or trade from trading terminals provided by the Exchange. The trading platform is powered by NASDAQ OMX and can facilitate auctions, reverse auctions, spot trading, forwards trading, and futures trading.Read More
WM: White Maize, BS: Beans, Number: Grade