Ayo Balogun, Country Manager Nigeria at AFEX
Commodities said the commodity exchange was designed with farmers in mind, to help them mitigate risks and ensure payments are made through reliable financial service providers.
Before joining AFEX
, Richard was the chief financial officer and Chief Risk officer for Jameson Bank, a Canadian owned Schedule 1 Bank that specializes in commercial foreign exchange services.
Last month, when the company first unveiled the deal, it said it has agreed to acquire AFEX
for an initial payment of USD3m (EUR2.1m).
is an independent oil and gas exploration and production company incorporated in Bermuda and focuses exclusively on opportunities in Africa.
"I was humbled by the countless number of people who made it a point to stop and congratulate me on the AFEX
He stated this at a one-day workshop themed: 'CodeCashCrop' organised by Afex
Commodities Exchange Limited in collaboration with Dalberg Global Development Advisors, AgroNigeria, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Co-Creation Hub Nigeria, and INTL FCStone in Lagos.
UK-based Lonrho (LON:LONR), an Africa-focused investor, said on Friday it had struck a deal to acquire the AFEX
Group of Companies, a Kenya-based services provider, for an initial payment of USD3m (EUR2.2m).
No compensation to all what the did to my shop." Lakes State's military Caretaker Governor ,Major-General Matur Chut Dhuol, issued an order banning the selling of alcohol in the state apart from at five hotels; Palmtree, Afex
, Safari Style, Canal and South Sudan logistic hotel.
The graduation ceremony that was held at AFEX
compound was attended by the governor of Lakes State Chol Tong Mayay, Dr.