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 East Africa Exchange (EAX), launched in 2014 and headquartered in Kigali, Rwanda, is a regional commodity exchange designed to integrate the agricultural markets of East Africa. EAX provides electronic spot-trading infrastructure for staple agricultural commodities including maize, beans, and coffee, with a warehouse receipt system to facilitate agricultural finance. Backed by the Rwanda Development Board and supported by international development partners, EAX aims to reduce information asymmetry and post-harvest losses across the East African Community (EAC) region.
Africa Mercantile Exchange (AfMX) is a Nairobi-based commodity exchange platform offering trading and price-discovery services for agricultural products and energy commodities across East African markets. AfMX is designed to improve market access for East African producers by providing a regulated and transparent trading environment for commodities including agricultural staples and energy products.
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.