simplemind
JF-Expert Member
- Apr 10, 2009
- 16,786
- 9,719
The EAX is an electronic trading
platform that aims to facilitate regional
commodity exchange by connecting
buyers and sellers throughout the
region, broadening their access to
global markets and providing them
with price transparency in real time.
The initiative also aims to benefit
partner states by facilitating economic
development and regional interaction,
as well as allowing the East African
market to become globally competitive.
Kenyatta said the new project would
benefit the region's farmers by offering
them fair prices for their commodities,
as well as stabilising the price of grain
and playing a role in ensuring regional
food security.
Kenyatta was joined at the ceremony
by representatives from the four other
partner states of Uganda, Rwanda,
Burundi and South Sudan.
platform that aims to facilitate regional
commodity exchange by connecting
buyers and sellers throughout the
region, broadening their access to
global markets and providing them
with price transparency in real time.
The initiative also aims to benefit
partner states by facilitating economic
development and regional interaction,
as well as allowing the East African
market to become globally competitive.
Kenyatta said the new project would
benefit the region's farmers by offering
them fair prices for their commodities,
as well as stabilising the price of grain
and playing a role in ensuring regional
food security.
Kenyatta was joined at the ceremony
by representatives from the four other
partner states of Uganda, Rwanda,
Burundi and South Sudan.
