Africa Exchange Holdings, Ltd. (AFEX) is a holding company established by Berggruen Holdings, Heirs Holdings, and 50 Ventures, to establish equity and commodity markets across East and West Africa. Its goal is to create better access to agricultural and financial markets for smallholder farmers, enabling them to sell their products at fair and competitive prices and gain access to financing opportunities.
AFEX established the first node of the regional East Africa Exchange in 2013 in Rwanda, and seeks to begin operations in West Africa with a base in Nigeria, and expand throughout the East Africa region. Through its operations, AFEX aims to:
- Increase liquidity in commodity markets and enhance price discovery
- Improve existing value chains by linking production to high value markets
- Increase access to capital in agriculture by de-risking lending to the sector
- Increase farmers' bargaining power and share of created value
- Ensure integrity of trade and reduce default risk
AFEX established the first node of the regional East Africa Exchange in 2013 in Rwanda, and seeks to begin operations in West Africa with a base in Nigeria, and expand throughout the East Africa region. Through its operations, AFEX aims to:
- Increase liquidity in commodity markets and enhance price discovery
- Improve existing value chains by linking production to high value markets
- Increase access to capital in agriculture by de-risking lending to the sector
- Increase farmers' bargaining power and share of created value
- Ensure integrity of trade and reduce default risk
Location: United States, District of Columbia, Washington
Employees: 11-50
Founded date: 2013
Mentions in press and media 5
| Date | Title | Description |
| 29.01.2025 | 55 Finalists Announced for the Inaugural Africa Tech Summit Awards 2025 | Share this: Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
| 17.08.2023 | Farm Central Intelligence Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon. | Winners received prizes valued at $18,000 in total to scale agriTech solutions in East and West Africa Abuja, Nigeria | 17th August 2023 – AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Cr... |
| 21.04.2023 | AFEX UNVEILS THEME FOR THE 4TH EDITION OF CODE CASH CROP, OPENS REGISTRATION ACROSS NIGERIA AND KENYA FOR AG-HACKATHON. TechCabal’s 2021 Year-End report Success! | AFEX, Nigeria’s leading commodities market player, officially unveils “Scaling Market-Led Solutions”, as the theme for the fourth edition of its annual Code Cash Crop event, set to be held in August 2023. The firm is also now accepting appl... |
| 24.02.2022 | AFEX continues its promotion for the convergence of technology, finance and agriculture with side event at Africa Tech Summit | AFEX, Nigeria’s leading commodities market player, hosted a side event during the 2022 Africa Tech Summit taking place in Nairobi, Kenya, to address the role and influence of technology on agricultural trade infrastructure. The side-event, ... |
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