Wednesday, May 16, 2007

New African exchanges aim to help producers

(Reuters) - Two new African commodity exchanges, one already launched and another due within a year, aim to boost producers' returns and give small farmers access to credit.

The Agricultural Commodity Exchange for Africa (ACE), launched six months ago for spot and forward trade in agricultural commodities in Malawi, Zambia and South Africa, has so far seen trade worth $3 million.


Read more at Reuters Africa

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