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:   African Court to Hear Land Case Against Kenyan Govt (news)
The Star
26 November 2014

The African Court on Human and People's Rights will on Thursday and Friday hear a case filed by the Ogiek community against the Kenyan government for consistent violations and denial of their land ... [read more]

Rwanda:   Disparition du témoin Gafirita - La police kényane n'ouvre pas d'enquête (news)
Radio France Internationale
26 November 2014

Le nouveau témoin dans l'attentat contre l'avion du président Habyarimana est toujours porté disparu. [read more]

Kenya:   Women Pay the Price for Slum Water 'Mafias' (analysis)
Thomson Reuters Foundation
26 November 2014

Rising before dawn, the women emerged from their ramshackle shacks and squelched through the mud to stand in line for water in Kibera, Nairobi's biggest slum. [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!