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 can be stored for longer period of time (at least 9 months of storage in order to improve their selling strategies.
Agricultural commodities traded at EAX are also among primary crops for national strategic grain reserves in members contries of East Africa Community (EAC) region. The contribute in food security and poverty reduction.
These products are:
- Paddy Rice
EAX also plans to expand it's product portfolio to Coffee, Tea, Minerals and Energy in the future