AFM and the AfCFTA-ASSOCIATION OF COMMODITIES EXCHANGES (A-ACX) signed a MoU establishing a framework for closer cooperation between the two organizations.
This MoU lays the foundation for joint initiatives in capacity building, market development, research, technical assistance, and greater visibility of futures and commodity markets across Africa and globally.
The virtual signing included remarks from AFM President Chris Sturgess, A-ACX Chair Collen Tapfumaneyi, and AFM Chairman Pat Kenny.
βππ’π π΄ππππππ πππ’ππ‘ππππππ‘π π βπππ π‘βπ π πππ πππ π πππ πππ ππππππ£πππ ππππππ‘π , πππ π‘ππππ‘βππ π€π πππ π π‘ππππππππ ππππππ‘π’πππ‘πππ , ππππππ£π ππππππ π ππ , πππ π π‘πππππ‘βππ ππππππππππ‘πππ ππ π‘βπ π¦ππππ πβπππ,β said Chris Sturgess.
Collen Tapfumaneyi emphasized the significance of this step for Africaβs young and fast-growing commodity exchanges:
βππ πππ ππ ππ’π πππππππ¦ ππ ππ ππ π πππππ‘πππβ¦ ππππππππππ‘πππ π‘βππ‘ πππππππ π’π π‘π ππππβ π‘βπ π€ππππ πππ π‘βπ π€ππππ π‘π ππππβ ππ’π ππππππππ‘ππ ππππππ‘π πππ ππππ¦ ππ ππππππππππ.β
AFM Chairman Pat Kenny concluded:
"πΌπ‘'π ππ₯πππ‘πππ π‘ππππ πππ πππ ππ π’π . πΌπ‘'π π ππππ€π‘β ππ π΄πΉπ πππ π¦ππ’π ππππππππ‘π¦ ππππππ‘π ."
AFM is proud to partner with A-ACX on this journey toward stronger, more integrated markets.
