Eleni | Seeding Commodity Exchanges

From Timbuktu Chronicles Sat Jan 26 2013, 06:00:00

The FT reports on the launch of Eleni LLC - A commodity exchange building company founded by Eleni Gabre Madhin:

Eleni Gabre-Madhin, founder of the Ethiopia Commodity Exchange, has launched a new company to try to replicate elsewhere in Africa and Asia the experience of Ethiopia. The World Bank's International Finance Corporation, which invests in the private sector, and Morgan Stanley have put $5m into the venture...The company, called Eleni LLC, is based in Nairobi, Kenya. Ms Gabre-Madhin says that by the end of the decade, her company will have helped to build up to 10 exchanges in Africa. "In the past two years, I have hosted 18 delegations from African countries plus three from Asia. They were all very interested in the model of Ethiopia," she says.

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Kenya:   Education Ministry Sets School Hours Between 8am to 3.30 PM, Outlaws 6am Morning Classes and Night Preps (news)
The Star
30 August 2014

The official school hours for all public and private day Primary and Secondary schools has now been set to be 8.00 am to 3.30 pm class hours and 3.30 pm to 4.45 pm for games and clubs the Ministry of ... [read more]

Kenya:   State Withholding Over Sh100 Billion, Governors Say (news)
The Star
30 August 2014

Governors have accused the national government of withholding more than Sh100 billion meant for devolved functions. [read more]

Kenya:   State House Denies Presidential Car Theft (news)
The Star
30 August 2014

THE car stolen from a police driver attached to State House is not part of the presidential motorcade, spokesman Manoah Esipisu said yesterday. [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!