Kenya agricultural commodities exchange to go live in 2024

Kenya’s planned agricultural produce exchange is scheduled to go live in February next year, the Trade and Investment Ministry said in a disclosure.

The ministry said the Kenya National Multi Commodities Exchange (Komex) is scheduled to commence mock trading on January 29, 2024, and go live on February 26, 2024.

“The key objective of the Komex project is to provide regulated access to structured trading of multi-commodities, market information, domestic and international markets, trade finance, and trade support services for sector regulators and value chain actors (farmers/producers, aggregators, traders, consumers, and processors),” it said.

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