• WM1: 290RWF 30
  • WM2: 285RWF 40
  • WM3: 275RWF 30
  • WM4: 265RWF 20
  • BS1: 425FRW 10
  • BS2: 410FRW 5
  • BS3: 405FRW 10
  • BS4: 400FRW 15
Call: +250 788 197 000 info@ea-africaexchange.com



East Africa Exchange (EAX) is a commodity exchange

FAQ

EAX Brochure

What is East Africa Exchange (EAX)?

East Africa Exchange (EAX) is a regional agricultural commodities exchange. It is a virtual market place that links buyers and sellers of agricultural commodities such as Maize, Beans, Sorghum, Paddy Rice and Soya while further providing price transparency, commodity  quality and  quantity,  and prompt settlement and clearance.

When was EAX established?

EAX was established in 2013, primarily to link small holder farmers in Rwanda and the East African community countries to markets and financial services.

What type of company is EAX?

EAX is a private company that works very closely with the Government of Rwanda, other private sector companies, and Government institutions in Rwanda and the East African Community countries (Uganda, Kenya, etc).

Where is EAX located?

EAX headquarters is based in Kigali, Rwanda but has branches in Kenya and Uganda. It plans to open new branches in Tanzania, Burundi, South Sudan and Democratic Republic of Congo (DRC) in the near future.

What Commodities does EAX trade?

EAX trades agricultural commodities such as: Maize, Beans, Soya, Wheat, Sorghum, Paddy rice. The exchange also has the capacity to facilitate the trade of other commodities such as minerals, energy, timber and is continously carrying out research into different value chains.

What are EAX products and services?

  • Storage and collateral management : EAX operates an integrated network of certified warehouses in different parts of its countries of operations that offer storage and collateral management services for grains including weighing, and re-bagging  .  Currrently, the exchange has warehouses in, Rwanda:  Gicumbi, Kayonza, Nyanza, Musanze, Kigali, Rwamagana, Bugesera, Karongi; in Kenya: Eldoret with plans to establish warehouses in Kitale and Nairobi.  
  • Value-addition services: EAX  warehouses are also equiped to provide grading, drying, cleaning and fumigation services to stakeholders at its warehouses. 
  • Electronic Warehouse Receipts (EWRs): An EWR is issued against commodity stored at any of our warehouses. The EWR enables the farmer/ farmer cooperative/ depositors to sell their commodity from its location and further use it as security to access financing from the exchange member banks.
  • Nasdaq- OMX Electronic Trading Platform: EAX has invested in the world class platform which is also used by over 25 exchanges in the world. The platform provides a virtual market place, linking buyers and sellers  and is accesible from any location. 
  • Risk management: EAX provides various risk intervention and mitigation measures for different stakeholders towards providing structured markets and promoting trade.  
  • Price information: EAX provides daily prices to buyers and sellers to enable them make informed decisions during trade. 
  • Secured trade settlement: EAX system ensures that sellers accounts are settled  within two (2) days after trade and buyers receive their goods two (2) days after the trade.

How does EAX benefit Farmers, Traders and Banks?

EAX provides numerous benefits to the market, some are as follows:

 

  • EAX provides fair and transparent price discovery systems whereby the farmer/seller decides the price he wants to sell his commodity, which is referred to as the reserve price. 
  • EAX operates  a regional platform that bridges the gap between farmers and markets.  The platform's accessibility from any location provides convenience and exposure to world wide markets as well. 
  • EAX provides cleaning, drying and fumigation services to farmers so that the quality of the grains iIs improved to enable them obtain high prices.
  • Farmers' stored grains can be used as collateral for a loan from Exchange banks (UOB, Ecobank, Equity Bank, etc)
  • EAX member banks can provide loans to farmers based only on their commodity as security for loans.
  • Grains are stored in EAX certified warehouse managed by professional managers who will guarantee the quality and quantity on the grains during storage duration, so no storage losses.
  • EAX gives price information to farmers, traders and banks on daily basis.

How can I work with EAX ?

EAX is a membership based organization, therefore one needs to be a member to access EAX services.

How do I contact EAX?

Rwanda

East Africa Exchange
RSSB Tower II, 6th Floor, African Union Boulevard | KN 3 Rd (Péage) Kiyovu, Nyarugenge, Kigali, Rwanda
Email: info@ea-africaexchange.com
Web: www.ea-africaexchange.com
Office phone: +250 788 19 7000
Trading booth: +250 788 19 7030

Kenya

Kenya East Africa Exchange  
4th floor, Cavendish  building
14 Riverside Drive,
P.O. Box 1708 -00600 Nairobi, Kenya
Office: +254 20 4231246/7

Board of Directors

EAX board is made up of investors with a common vision to create the premier commodity exchange in each country of operation within Sub-Saharan A...
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Management Team

EAX is incorporated in all member states of the East African Community and is able to facilitate trade throughout the region, the entire continen...
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Partners

Business partners often start working together from planning phase and rolling out project milestones based on a few common ground rules. Sooner ...
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Company Profile

EAX is regional commodity exchange offering commodity trade services in Rwanda and East Africa Community (EAC) common markets (173 million consum...
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FAQ

What is East Africa Exchange (EAX)? East Africa Exchange (EAX) is a regional agricultural commodities exchange. It is a virtual market place th...
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