News and developments on African capital markets: African securities, African stock exchanges, African equities, African bonds, African private equity/venture capital, and African social impact investment. Twitter @africancapital, LinkedIn African Securities Exchanges group.
The Ethiopian Commodity Exchange (ECX) has received at least $29m in donor funding since 2008 but is it achieving its aims of transforming agriculture for small farmers? A review of some articles.
The Ethiopian Commodity Exchange (ECX) has unveiled an online trading platform, eTRADE, that has capacity for nearly 5,000 times more transactions than its current “open outcry”.
Ethiopia’s Government says trading on the Ethiopian Commodity Exchange totalled transacted some Birr 20 billion ($1.06 bn) worth of commodities on the trading floor during the 2012/13 Ethiopian state budget year (to July).
This article by Dr Eleni Gabre-Madhin, CEO of the Ethiopian Commodities Exchange, gives a fascinating, self-critical and revealing account of the creation of the exchange and the sometimes breakneck pace at which the market grew. It’s very good, and well worth reading in full.