AFEX sets up operations in Uganda 7 months after entry into East Africa

UGANDA-AFEX, Africa’s leading commodities exchange and commodities market player, has announced its expansion into Uganda, seven months after it first entered East Africa. The new development is the latest in the company’s series of planned expansions to 10 African countries over the next five years Often referred to as Africa’s ‘bread basket,’ Uganda has one of the most dynamic commodities…

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Kenya’s maize supply in jeopardy as traditional trade partners find lucrative markets elsewhere

KENYA- Kenya might have to find new suppliers for maize imports as Uganda and Tanzania, the country’s traditional source markets find new lucrative buyers for their maize crop. According to Business Focus, a Ugandan local daily, the two countries which both share a border with Kenya are now opting to sell their maize to South Sudan and the United Arab…

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