AFEX
Building a trust economy for commodities in Africa
What it does
AFEX Commodities Exchange was established in 2014 under the leadership of Ayodeji Balogun to transform Africa's agricultural trade and supply chain financing. The exchange operates licensed warehouse receipt systems, commodity trading platforms, and agritech investment instruments. Notably, AFEX became Nigeria's first licensed private commodities exchange.
commodity-tradingagri-finance
Known for
- First private commodity exchange in Nigeria
- Warehouse receipt system financing
- ComX digital commodity trading app
- Agricultural supply chain debt instruments
Model & industry
Marketplace / Aggregator modelAgriculture
Products & subsidiaries
AFEX Trading Platform · Commodities & Investment Web AppFair Trade Exchange Traded Commodities (FETC) · Structured Commodity Product