ComX Partners Proshare for a Twitter Chat on Trading of New Products


Monday, March 15, 2021 / 02:00PM / AFEX Nigeria / Header Image Credit: AFEX Nigeria   

 Proshare Nigeria Pvt. Ltd.

ComX, an innovative digital trading platform launched by AFEX, Nigeria's leading player for commodities in Africa, will be hosting an interactive Tweetchat in partnership with Proshare -Nigeria's foremost financial information hub. The tweet chat will be focused on the Cashew Spot Contract and Input Notes products recently launched on the platform for retail and institutional investors to diversify their investment portfolio. The Tweetchat is an excellent opportunity for the trading community to dialogue with investors, and ease their understanding of the process to access these products and gain an edge in the market.


The webinar titled "Making gains with commodity trade" will hold on the 19th of March, 2021. Alongside the conversations on the new products, the ComX team will also give details on commodities as a viable alternative investment class in Nigeria.


ComX, since its launch in January 2020 has enabled investors to gain access to the commodities market. The platform provides an efficient market system where investors can diversify their portfolios in assets of quality standards. It affords the investment community an affordable entry price point and secure way to invest in asset classes.


Cashew and Input Notes join the roster of commodity-backed instruments traded on the platform including Exchange Traded Commodities (ETCs), Forward Contracts, Over The Counter (OTC), and Asset-Backed Commercial papers.


Currently, Nigeria's economy needs a diversification plan, and the production of cashew in the agricultural sector has proved to be one of the most profitable investments accounting for about 16% of total exports in the last three years. The diverse use and varieties of cashew in industries and households continuously spur global demand for the commodity which is reflected in the numbers as Nigeria is the 8th largest producer of cashew in Africa, with a global market share of about 2%. Input Notes also present a viable investment opportunity for impact conscious investors. The notes unlock finance for primary producers, allowing them access to quality inputs necessary to improve yields and productivity.

Both instruments unlock wealth opportunities for Nigerian farmers and investors. Smallholder farmers are enabled to unlock access to credit and finance for their operations, as investors diversify their portfolios with commodity-backed instruments.


Join the conversation on the @comxbyafex and @proshare Twitter pages with the hashtag #AskComX and learn the place of these new products in your portfolio.


Proshare Nigeria Pvt. Ltd.



About AFEX

At AFEX, we harness Africa's commodities and talent to build shared wealth and prosperity. Our infrastructure and platform investments work to unlock capital to power a trust economy in Africa's commodities markets. Since its inception in 2014, we have developed and deployed a viable commodities exchange model for the West African market, and are on track to impact one million producers; providing services in productivity and value capture and access to finance and markets. By deploying an efficient market system, we will facilitate trade with Africa worth over USD500 million in the next five years.  AFEX's vision is to be the reference point for commodities in Africa. To achieve this goal, AFEX looks to introduce products that de-risk the sector, drive financial inclusion for rural communities, develop technology for data collection and market access, and enable capital deployment.






Proshare Nigeria Pvt. Ltd.



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 Proshare Nigeria Pvt. Ltd.


 Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.


 Proshare Nigeria Pvt. Ltd.

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