When AFEX met Abdul in 2017, he was operating barely a rung above subsistence farmers. Where his aim was to make a living from his farming operations, he was stuck in a vicious cycle of poverty that kept his farming operations small with no real opportunity to expand and increase. As we identified, his problem was both simple and complex.

In part fulfillment of imperatives under this partnership, Proshare has developed the AFEX dedicated page within its platform to present news, data and analysis regarding the Commodities market from a single source.

After all the reflection and measurements that come with a year ending and a new year beginning, we at AFEX Nigeria are feeling re-energized to continue pursuing some long held goals that our business was set up to attain as well as some others that have joined our lineup of impact as we have grown as an organization.

There are many benefits for individuals and nation states in having a well-established and efficient commodities exchange.

Access to finance in Agriculture has always remained critical to the success of farm businesses whether in production, improving post-harvest practices or in household cash flow. It is needed to get better access to markets which in turn promotes better management of risks. It also plays an important role in climate adaptation and resilience of agriculture to climate change, thus contributing to longer term food security.