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:   Nairobi's Most Expensive Land Parcels (news)
The Star
30 January 2015

WHAT has triggered the land rush and epidemic of land grabs around Nairobi? [read more]

Kenya:   Mandera Bus Attack 'Mastermind' Arrested (news)
The Star
30 January 2015

A most wanted Al Shabaab recruiter associated with last December's terror attacks that claimed over 64 lives has been arrested. [read more]

Kenya:   Rencontre de Nairobi sur la RCA - C'est bien de signer un accord mais... (news)
Le Pays
29 January 2015

Va-t-on vers une nouvelle transition en Centrafrique ? Telle est la question que l'on se pose, au regard de l'évolution de la situation sociopolitique dans ce pays où la haine ethnique ... [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!