Eleni | Seeding Commodity Exchanges

From Timbuktu Chronicles Sat Jan 26 2013, 11:00:00

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:   Safaricom Given 7 Days to Explain Outage (news)
Capital FM
26 April 2017

Communications Authority Director General Francis Wangusi has said it has given Safaricom seven days to give a comprehensive report on what exactly caused the outage that saw its services down for ... [read more]

Kenya:   Sonko Alleges Rigging Plot As Name Not in Jubilee Party List (news)
The Nation
26 April 2017

Nairobi Senator Mike Sonko who is aspiring to the next city governor on a Jubilee ticket has alleged a plot by his party to rig him out by preventing his supporters from voting in the primaries. In a ... [read more]

Kenya:   Citizens Speak Out Against Widow-Cleansing Tradition (news)
Al Jazeera
25 April 2017

Nyanza, Kenya - In parts of Kenya tradition dictates that a widow is inherited by another man, usually a relative. Before that happens, however, she first has to engage in so-called widow-cleansing ... [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!