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AFEX Commodities Exchange Limited Growing Markets, Connecting Trades

Cover image of AFEX Commodities Exchange Limited, Agribusiness venture on VC4A

AFEX Commodities Exchange Limited

AFEX Commodities Exchange Limited

At AFEX, we harness Africa’s commodities and talent to build shared wealth and prosperity. Since its inception in 2014, AFEX has continued to build an inclusive and efficient commodities market in
Nigeria underpinned by infrastructure and platform investments that unlock capital to power a trust economy. We have developed and deployed a viable commodities exchange model for the West African market and are on track to impact one million producers: providing services in productivity and value capture and access to finance and markets.
AFEX’s overarching strategy is to create a digital platform that caters to the products and services required from the pre-planting activities by smallholder farmers to the purchase of commodities by buyers (processors) in the agricultural value chain. By deploying an efficient market system, we plan to facilitate trade with Africa worth over USD500 million in the next five years.

SectorsAgribusiness, Agritech
LocationNigeria
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