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A web-based African commodities exchange for farmers, traders, brokers, and investors to buy, sell, and invest using spot contracts and commodity-backed products.

AFEX is a pan-African digital commodity exchange platform for smallholder farmers, traders, brokers, dealers, institutional buyers, and retail investors who want to trade or invest in commodities.
Key capabilities include:
Available on Web, iOS, and Android.
It serves a B2B2C audience, including smallholder farmers and small traders as sellers, large commodity buyers and trading houses as institutional participants, and retail investors seeking commodity-linked instruments.
Notable in the African market context, it operates a structured commodities marketplace regulated by Nigeria’s Securities and Exchange Commission and has expanded operations to multiple countries (7 countries stated on its website).
DD Dave found 9 people at Africaexchange, including 6 C-Suite, and 3 VP. See how we get product data
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DD Dave found 3 articles about Africaexchange, from Jan 2023 to Nov 2023. See how we get product data
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DD Dave found that Africaexchange has raised $26.5M across 2 rounds, backed by 2 investors. Their latest round was a Other in Oct 2023. See how we get product data