• WM1: 340RWF 10
  • WM2: 330RWF 10
  • WM3: 325RWF 10
  • WM4: 320RWF 5
  • BS1: 450FRW 10
  • BS2: 440FRW 10
  • BS3: 430FRW 10
  • BS4: 420FRW 10
Call: +250 788 197 000 info@ea-africaexchange.com



East Africa Exchange (EAX) is a commodity exchange

Kenya

EAX – KENYA: Powered by Nasdaq

Kenya East Africa Exchange (KEAX) is the national-level subsidiary linked to the greater EAX. The Kenya chapter was established in August, 2014 following the official launch of EAX as a regional exchange by H.E President Uhuru Kenyatta, during the 6th Northern Corridor Integration Projects Summit. Through the establishment of the commodity exchange and its supporting infrastructure, KEAX aims to promote the commercialization of the Kenyan agricultural sector and improve market access to smallholder farmers through better value chain management.

Products and services offered

  1. Professional storage of grains
  2. Collateral Management Services
  3. Grain cleaning, drying, grading, weighing, re-bagging
  4. Warehouse Receipts Issuance
  5. Warehouse Receipts Financing
  6. Spot Trading, Forward trading, Auction linking grain buyers and sellers in Kenya, Rwanda, and Tanzania
  7. Cash Settlement and Physical delivery
  8. Dissemination of daily grain prices and market information

 

Current Membership

Membership Type Number
Trading Members, non-broking 0
Trading Members, broking 0
Financial Institutions or Banks 1
Individual Members 0

 

EAX Kenya certified warehouses

Currently EAX has certified the following warehouses in Kenya

Location District Province Capacity in MT How many Sites? Country
Eldoret Uasin Gishu County Western Kenya 4,000 1 Kenya

KEAX is in negotiation with Kenya government and Private sector warehouse owners to lease and operate its warehousing facilities. Currently, we are at advanced stages with National Cereals & Produce Board (NCPB) and private sector to operationalize warehouses in Eldoret and Loitoktok with a combined capacity of 8000 MT

Market Development Activities

Stakeholder engagement meeting in February 2014 at the Sarova Stanley, the event brought together grain traders and buyers, government officials and other agricultural and financial industry stakeholders. KEAX partners with ABC Bank Kenya in Warehouse Receipts Financing. The Bank will finance up to 80% of the market value of farmers grains deposited in EAX warehouses. Meeting with Chase Bank, KCB and Equity Banks to accept the EAX Electronic Warehouse Receipts as sole collateral for short term loans. Kenya Stakeholder Training on EAX NASDAQ Trading Platform. Export Trading Group (ETG), Unga Group Limited and PISU among others. Participation at the Nairobi International Trade Fair, 2015; KEAX exhibited and actively engaged the public in talks and demonstrations of our services at the recently concluded week long trade fair. The platform enabled us to create awareness and demystify our operations to the general public. We further envision continued participation in future trade fairs in line with our market outreach program.

Trading Activities

Auctioning of 1,000MT Grade 1 White Maize between Export Trading Group (ETG), Kenya and AFRGI, Uganda through the EAX NASDAQ Trading Platform

 

KEAX Membership

For membership enquiries please contact;

Constantine Kandie; Country Manager

Tel: +254 72 273 5147

Email: c.kandie@ea-africaexchange.com

OR

Christine Wachira; Business Development Officer

Tel: +254 70 287 8773

Email: c.wachira@ea-africaexchange.com

Rwanda

EAX – RWANDA: Powered by Nasdaq Regulated by Rwanda Capital Market Authority, EAX has its headquarters in Kigali Rwanda and offers full s...
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Kenya

EAX – KENYA: Powered by Nasdaq Kenya East Africa Exchange (KEAX) is the national-level subsidiary linked to the greater EAX. The Kenya ch...
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Uganda

EAX – UGANDA:  Powered by Nasdaq Uganda East Africa Exchange (UEAX) is the national-level subsidiary linked to the greater EAX. &nbs...
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Burundi

EAX – BURUNDI:  Powered by Nasdaq OMX EAX has projections to build the commodity market in Burundi. At the moment traders from Burun...
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Tanzania

 EAX – TANZANIA:  Powered by Nasdaq  EAX is exploring the market in TANZANIA. However EAX Rwanda has so far registered YAR...
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