Africa Takes a Second Shot at Commodities Trading

Trading floor of the Ethiopia Commodity Exchange in Addis Ababa. (Image from Bloomberg video)

Financial Times

By Eleanor Whitehead

When it comes to commodity exchanges, African countries are hoping it’s second time lucky. The continent’s first forays into the arena – mostly in the 1990s – weren’t much of a triumph. But several countries are now trying to fare better as they work to establish or revive their marketplaces.

The driving force behind renewed interest? The unexpected – and fairly significant – success of the Ethiopia Commodity Exchange.

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