08.10.2013 - Ghana: Eleni receives green light to set up Ghana Commodity Exchange
Eleni LLC, a newly-formed company based in Nairobi, Kenya, with equity investments by Morgan Stanley, International Finance Corporation (IFC), the private sector arm of the World Bank, and 8 Miles Fund, a private firm in London, has received the green light from the Securities and Exchange Commission (SEC) to set up the Ghana Commodity Exchange (GCX) within a 12-month timeframe. The Co-founder and Chief Executive Officer (CEO) of Eleni LLC, Dr. Eleni Gabre-Madhin, disclosed this to the Business Chronicle in Accra over the weekend. Dr. Gabre-Madhin, who was in Accra last week at the invitation of the Government of Ghana, described her trip to Ghana as "very successful."..............................................Full Article: Source
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