EAX is regional commodity exchange offering commodity trade services in Rwanda and East Africa Community (EAC) common markets (173 million consumers) in key staples food crops such as Maize, Beans and Soya.
EAX deals with high quality products meeting the requirement of EAC standards. Key value proposition is guarantees on quantity and quality of farmers' grains, reliability of trade and settlement services and high level of risk mitigation.
The company was created in 2013 to further strengthen EAC regional integration by developing a common and coherent financial sector in agriculture, energy and mining. EAX links deprived rural farmers to financial markets. It offers financial product development to its members and facilitates trades regionally and worldwide.Read More
As a trader of agricultural commodities in Rwanda, I came to know about EAX in a period of scarcity of commodities in the market, during the month of September and October. EAX helped be becaus...Tue 15 Mar 2016, 12:00 am
The Commissioner of the US Securities Exchange Commission (SEC), Dr. Michael Piwowar visited the East Africa Exchange (EAX based in Kigali on Friday 19th February 2016. This visit was part of the in...Tue 23 Feb 2016, 12:00 am
Has the eax warehouse receipts made any improvement to farmers’ lives in the first year of implementation? ‘’agriculture is the backbone of rwanda’s economy, yet only about...Fri 22 Jan 2016, 12:00 am
Nairobi Kenya, 18/1/2016 - The East Africa Exchange has achieved yet another milestone in its expansion program with the acquisition of its first warehouse in Eldoret, Kenya. The warehouse which is...Fri 22 Jan 2016, 12:00 am
EAX trading operations aims primarily to transform agriculture in East Africa region by creating more bargaining power for smallholders farmes, including access to price information, storage facilities and bank financing based on electronic warehouse receipt system. The fundamental focus is to increase Africas global trade competitiveness by building economies of scale. This will foster Africa's capital markets in agriculture commodities and promote liquidity in the market. EAX carefully selected commodity products that are able to stored by producers and traders for longer period of time (at least 9 months of storage in order to improve their selling strategies. Agricul...Read More
EAX operates a fully automated trading platform where participants can buy and sell products from the convenience of their location of choice, or trade from trading terminals provided by the Exchange. The trading platform is powered by NASDAQ OMX and can facilitate auctions, reverse auctions, spot trading, forwards trading, and futures trading.Read More
WM: White Maize, BS: Beans, Number: Grade