Sandton, South Africa
Abbreviation
JSE
Location
Sandton, South Africa
Region
Africa
Group
JSE Limited
Product Types
Agricultural, Equity Index, Interest Rate
South African Futures Exchange (SAFEX), now the agricultural derivatives division of JSE Limited (Johannesburg Stock Exchange), is Africa's primary exchange for commodity futures. Established in 1988, SAFEX was integrated into JSE in 2001. It offers futures and options on agricultural commodities including white and yellow maize, wheat, sorghum, sunflower seed, and soybeans, providing essential price-discovery and hedging tools for South Africa's agricultural sector.
The Ghana Commodity Exchange (GCX), established in 2018, is Ghana's national regulated commodity exchange developed with support from the Government of Ghana and the USAID. GCX facilitates transparent electronic spot-trading of agricultural commodities including maize, soybean, sorghum, paddy rice, and sesame, connecting smallholder farmers to buyers and reducing post-harvest losses. The exchange operates certified warehouses across Ghana to support against-warehouse-receipt financing, improving access to credit for rural agricultural producers.
The Ethiopia Commodity Exchange (ECX), established in 2008 by the Ethiopian government, was Africa's first regulated multi-commodity exchange and a transformative initiative designed to modernise agricultural market infrastructure. ECX provides transparent, rules-based trading for coffee, sesame, maize, wheat, and haricot beans. As Ethiopia is the birthplace of arabica coffee and a top global coffee producer, ECX plays a critical role in price discovery and export logistics for specialty Ethiopian coffees, benefiting millions of smallholder farmers.
The Nigeria Commodity Exchange (NCX), established in 2001 and headquartered in Abuja, is Nigeria's government-backed commodity exchange, operating under the supervision of the Securities and Exchange Commission (SEC) of Nigeria. NCX trades agricultural commodities including sesame, soybean, sorghum, groundnuts, and cotton. The exchange provides warehouse receipt-based trading infrastructure to help Nigerian farmers access better prices and pre-export financing. Nigeria, as Africa's largest economy, is a significant producer of sesame, cocoa, and palm oil.
Bourse Africa (formerly Global Board of Trade, GBOT), established in 2010 in Mauritius, was designed to be Africa's first multi-asset international exchange, offering trading in metals, foreign exchange, and other financial instruments. Headquartered in the Ebene Cyber City financial district, Bourse Africa aimed to leverage Mauritius's position as an African financial hub to provide access to commodity and forex derivatives for African and international participants.