On November 6, 2018, Ghana recorded the first ever electronic trading of a commodity. The Ghana Commodity Exchange (GCX), a national multi commodity exchange commenced trading in spot contracts for maize – a move that would help farmers get the true value of their goods. The President of the Republic, Nana Addo Dankwa Akufo-Addo was present to deliver the keynote… Read more →
The Ghana Commodity Exchange (GCX), a trading platform for physical commodities and futures contracts, under the auspices of the Ministry of Finance, piloted trading operations on the April 24, 2018. The Government of Ghana’s drive to support smallholder farmers, increase value along the agricultural value chain and provide export opportunities for Ghanaian commodities, has led to its investment in GCX,… Read more →
Vacancy Announcement: Ghana Commodity Exchange (GCX) Published by Agricinghana Media The Ghana Commodity Exchange (GCX) is a regulated market that links buyers and sellers of agricultural commodities and other commodities to trade under Rules , assuring the market quality, quantity and timely settlement of their trade. The GCX vision is to transform the economy of Ghana by using innovative and… Read more →
In the wake of global efforts to improve financing for agriculture, the Bank of Ghana in collaboration with the Ministry of Food and Agriculture, and the Alliance for Green Revolution in Africa (AGRA) is designing the Ghana Incentive-based Risk Sharing System for Agricultural Lending (GIRSAL) programme. The goal of this instrument is to reduce the perceived risk of agriculture financing and… Read more →
Ghana Commodity Exchange (GCX) Project Request for Expressions of Interest Provision of ICT Consultancy Services for the Ghana Commodity Exchange (GCX) Project Background The Ghana Commodity Exchange (GCX) Project is an initiative which aims, when established, to guarantee buyers of agricultural commodities of the minimum quality, weight, and prompt delivery of their purchases through a Warehouse Receipts System (WRS) which… Read more →
Eleni, a private company positioned as the premier commodity exchange promoter in Africa, announced on Thursday the formation of a private-public investment consortium to finance the establishment of the Ghana Commodity Exchange (GCX). Investment consortium partners include Ghana’s top tier financial institutions, Data Bank Agrifund Manager Ltd, Ecobank Ghana Ltd, UT Bank Ghana Ltd, as well as IFC, 8 Miles… Read more →