…As food shortage hits 5.7 million metric tonnes …Forecasts 32% rise in cost of rice by 2024 AFEX has raised alarm on a severefood crisis looming in Africa’s largest economy, Nigeria. At the unveiling of its 2023 Crop Production Report, AFEX highlighted…
AFEX, Nigeria’s commodities exchange, has projected that the year 2022 will continue to witness inflationary pressures which will drive up the prices of commodities during the year. According to its ‘Annual Commodities Outlook report for 2022,’ the combination of rising…
By Kayode Tokede AFEX commodity exchange has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled operations and a 24-hour fast cash turnaround for borrowers. With over $50 million raised for Agri-SMEs, this bridges the funding gap…
By Kayode Tokede AFEX Commodities Exchange Limited (AFEX), a private commodities exchange company, has announced the first Warehouse Receipt Backed Commercial Paper in Africa. The paper has tech-enabled operations and a 24-hour fast cash turnaround for borrowers. AFEX in a…
