Accra: The AfCFTA Association of Commodity Exchanges (A-ACX) continues to gain 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.
According to Ghana Web, 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 significant step in strengthening the institution and advancing its mission under the African Continental Free Trade Area (AfCFTA) to drive 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: AFEX Commodities Exchange in Nigeria, Agricultural Commodity Exchange for Africa (ACE Africa) in Malawi, Botswana Agricultural Commodities Exchange (BACE) in Botswana, Cameroon Commodities Exchange (CAMCX) in Cameroon, East Africa Exchange (EAX) in Rwanda, Ethiopia Commodity Exchange (ECX) in Ethiopia, Eswatini Commodities Exchange (ECX) in Eswatini, Ghana Commodity Exchange (GCX) in Ghana, Madagascar Commodities Exchange (MCE) in Madagascar, Mozambique Commodities Exchange (MCX) in Mozambique, Nairobi Coffee Exchange (NCE) in Kenya, Nigeria Commodities Exchange (NCX) in Nigeria, Sierra Leone Commodity Exchange (SLX) in Sierra Leone, Johannesburg Stock Exchange (JSE) in South Africa, Tanzania Mercantile Exchange (TMX) in Tanzania, Uganda Commodity Exchange (UCE) in Uganda, Zambian Agricultural Commodity Exchange (ZAMACE) in Zambia, and Zimbabwe Mercantile Exchange (ZMX) in Zimbabwe.
The meeting reaffirmed the Association's shared commitment to advancing intra-African trade and enhancing the role of commodity exchanges 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. 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.