Warehouse Services | East Africa Exchange

WAREHOUSES AND SILO FACILTIES

EAX warehouses are where EAX value-addition begins. Farmers are able to bring their grains to the warehouse in order to receive services such as weighing, grading, cleaning, and drying, or they can choose to store safely and securely. Farmers who opt to deposit commodities for storage at EAX warehouses are able to either trade their commodity on the X-stream trading platform, or seek financing from financial institutions through our electronic warehouse receipt (EWR).

COLLATERAL MANAGEMENT SERVICES

Services of high standard storage facilities, grading, drying, weighing, fumigation, cleaning, sorting and re-bagging are offered at EAX accredited warehouses. Collateral management is core function of EAX's warehouse operations, enabling the warehouse to issue warehouse receipts named Good Received Notes(GRN) with integrity. EAX offers as well Electronic Warehouse Receipts (EWR) upon request and carefully mitigates the inherent risk in trading by guaranteeing the E-WR existence, ownership, quantity, quality and location of the traded commodities at the exchange to buyers and also provides guarantees of commodities in storage to financial institutions.

Benefits of collateral management

Product Guarantee: Products that are deposited at a warehouse with collateral management are guaranteed 100% in regard to quality and quantity for the duration of its storage.

Value-Added Service: EAX provides and maintains quality standards in respect to product grades. Better grading and standards rewards higher-quality products with appropriate prices in the marketplace.

Confidence-building in the Financial Markets: Farmers are able to use a properly-registered e-WR as collateral to secure financing from banks. With EAX's guarantees of quality and quantity, lending risk is significantly reduced and banks are able to extend credit to agricultural clients at reduced rates.

EAX warehouses or the silo remain the sole points of commodity collection. EAX issues the supplier with a good receive note upon reception. This document has detail about the commodity deposited. In addition the holder the good receive note is issued with guarantees of delivery to the buyer in case of trade or withdraw in case the holder is looking for warehouse storage services only. EAX provides value-added services such as cleaning, drying, fumigation, re-bagging and electronic warehouse receipt issuance: ultimately preparing the product get ready for trade.

EAX certified warehouses

Currently EAX has certified the following warehouses in Rwanda and in Kenya

No	Site Location Name	District	Province	Storage Capacity in MT	Have Dryer?	Country
1	Kayonza 1 - Gasarabwayi	Kayonza	East	1,500	No	Rwanda
2	Kayonza 2 - Rwinkwavu *	Kayonza	East	1,500	Yes	Rwanda
3	Bugesera, Mayange - Silo *	Bugesera	East	4,000	Yes	Rwanda
4	Rwamagana 1, Musha	Rwamagana	East	500	No	Rwanda
5	Nyanza, Rwabicuma*	Nyanza	South	2,000	Yes	Rwanda

* Facilities are equiped with Mechanical dryer