East African Exchange (EAX): Regional Commodity Exchange Officially Launches

Kenya's President Uhuru Kenyatta, Tony O. Elumelu and Emmanuel Hategeka, Rwanda's Permanent Secretary of the Ministry of Trade and Industry, at the launch of the East African Exchange in Kigali

A new commodities exchange that launched late last week in Kigali, Rwanda, aims to use state-of-the-art technology to provide East Africa’s small-scale farmers access to agricultural and financial markets.

The East African Exchange’s backers hope the system will enable farmers to achieve competitive pricing for their crops, as well as getting access to financial services that will help them better manage their businesses.

Read more: East African Presidents Support Launch of Regional Exchange – Frontier Markets News – Emerging & Growth Markets – WSJ.