Africa’s commodities player, AFEX, has launched a new digital platform dubbed Africa Exchange, aimed at trading commodities.
African Exchange platform follows AFEX’s first foray into digital commodities trading with the launch of ComX in 20 .It further transforms the commodities space in Africa by enabling commodities market players to meet and interact both in the physical and financial markets. Data and information crucial to decision-making are readily available on the platform, offering a comprehensive and informed trading experience.
Commenting on the launch, Akinyinka Akintunde, CEO and President of AFEX Nigeria, said: “As a team, we are excited and proud to launch Africa Exchange as another step in building the digital infrastructure to facilitate trade across Africa. With this launch, our goal is to boost the commodities market in Africa and allow more investors to participate with all the information that they need at their fingertips”.
Africa Exchange provides a structured marketplace duly regulated by Nigeria’s Securities and Exchange Commission (SEC), ensuring that users can participate in various trade or investment opportunities.
Africa Exchange will replace ComX, which has served over 80,000 investors in Nigeria and f