Agricultural Commodity Exchange for Africa
Lilongwe, Malawi
Abbreviation
ACE
Location
Lilongwe, Malawi
Region
Africa
Product Types
Agricultural
About Agricultural Commodity Exchange for Africa
The Agricultural Commodity Exchange for Africa (ACE), founded in 2004 and headquartered in Lilongwe, Malawi, pioneered electronic commodity exchange infrastructure for southern Africa. ACE facilitates transparent spot trading for maize, soybean, groundnuts (peanuts), and other staple crops using a warehouse receipt system that enables smallholder farmers to access competitive prices and agricultural finance. ACE's electronic trading model has been replicated across sub-Saharan Africa as a model for commoditising smallholder agricultural production.
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