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AfCFTA Association of Commodities Exchanges marks new chapter with appointment of first Secretary-General Setutsi Ivowi

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The AfCFTA Association of Commodities Exchanges (A-ACX) continues to build momentum toward deeper integration and collaboration across Africa’s commodity markets.

At a recent General Meeting, the Association confirmed key leadership appointments and highlighted progress in expanding both its continental and global partnerships.

The meeting was chaired by Collen Tapfumaneyi, Chief Executive Officer of the Zimbabwe Mercantile Exchange (ZMX) and current Chair of the A-ACX.

During the session, Setutsi Ivowi (also known as Tucci Ivowi) was formally appointed Secretary-General of the Association.

Mrs Tucci Ivowi, who convened the formation of the A-ACX and served as the first Chair of its Steering Committee, has played a pivotal role in shaping the Association’s strategic vision and governance framework.

Her appointment represents a key step in strengthening the institution and advancing its mission under the African Continental Free Trade Area (AfCFTA), driving structured, transparent, and inclusive commodity trading across Africa.

The A-ACX now comprises 18 member exchanges from across the continent, representing a broad and growing network of African commodity markets:

  1. AFEX Commodities Exchange – Nigeria
  2. Agricultural Commodity Exchange for Africa (ACE Africa) – Malawi
  3. Botswana Agricultural Commodities Exchange (BACE) – Botswana
  4. Cameroon Commodities Exchange (CAMCX) – Cameroon
  5. East Africa Exchange (EAX) – Rwanda
  6. Ethiopia Commodity Exchange (ECX) – Ethiopia
  7. Eswatini Commodities Exchange (ECX) – Eswatini
  8. Ghana Commodity Exchange (GCX) – Ghana
  9. Madagascar Commodities Exchange (MCE) – Madagascar
  10. Mozambique Commodities Exchange (MCX) – Mozambique
  11. Nairobi Coffee Exchange (NCE) – Kenya
  12. Nigeria Commodities Exchange (NCX) – Nigeria
  13. Sierra Leone Commodity Exchange (SLX) – Sierra Leone
  14. Johanesburg Stock Exchange (JSE) – South Africa
  15. Tanzania Mercantile Exchange (TMX) – Tanzania
  16. Uganda Commodity Exchange (UCE) – Uganda
  17. Zambian Agricultural Commodity Exchange (ZAMACE) – Zambia
  18. Zimbabwe Mercantile Exchange (ZMX) – Zimbabwe
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The meeting reaffirmed the Association’s shared commitment to advancing intra-African trade and enhancing commodity exchanges’ role in promoting price transparency, value addition, and regional integration.

In a related development, the A-ACX recently signed a Memorandum of Understanding (MoU) with the Association of Futures Markets (AFM), marking a significant milestone in its international engagement.

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The partnership reflects a shared commitment to strengthening Africa’s commodity and derivatives markets through global collaboration, knowledge exchange, and technical cooperation.

With its leadership firmly established and a growing membership base, the A-ACX is well-positioned to play a transformative role in shaping Africa’s commodity market landscape, driving economic resilience, competitiveness, and sustainable growth across the continent.

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Source: www.myjoyonline.com
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