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Commodities Briefing - Categorized | Commodities Exchanges, New Launches more

Commodities exchange to begin trading 2017

Posted on 22 June 2016

The team working on Ghana’s commodities exchange, the first in West Africa, is confident trading on the exchange will commence in the first quarter of 2017 - starting with Maize, Rice and Soy-beans. Launched by President John Mahama a year ago, the Ghana Commodities Exchange (GCX) will serve as a common platform for trading local commodities in a transparent and uniform manner with a view to giving farmers a ready market and improving livelihoods.
With institutions like Wienco and the National Food Buffer Stock Company (NAFCO) in the fray, Project Coordinator Robert Dowuona Amoo is confident trading will see a soft launch this October or November, with full-scale operation and trading taking off in the first quarter of 2017………………………………………..Full Article: Source


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