We connect more markets and people – CEO of Commodity Exchange

The Ghana Commodity Exchange (GCX) claims to have created the modern, interactive and appropriate technological marketplace that connects people to markets to trade commodities.

Speaking at a press conference on Sunday, Tucci Stock Exchange CEO Goka Ivowi, said this has enabled all users (farmers, cooperatives, buyers, brokers, traders, etc.) to trade on the platform. -fits all over the country, regardless of their location.

She said the exchange has 220 members, including 116 brokers, 67 associate members and 37 business members, adding that an additional 320,000 smallholder farmers have been trained and are expected to be integrated in the coming weeks.

Taking stock of the progress of the stock exchange since its inception in 2018, Ms. Ivowii said that the stock exchange is positioning itself as a national and regional stock exchange to formalize the agricultural sector of Ghana and West Africa and provide better access to agricultural and financial markets for participants.

She said GCX has been able to create the necessary link between Ghanaian smallholder farmers and agricultural and financial markets in Ghana and throughout the West African region and beyond in a way that has created new opportunities to increase Ghana’s competitiveness in global markets.

“We started with trading in Ghana for Ghanaian farmers, but in the next face, when you talk about the region, we started with the landlocked countries.

“We are already dealing with cross-border trade with countries like Burkina Faso and Niger. The idea is to formally bring them to the exchange, so we are increasing our reach on the West African market and then on the wider African market, ”she noted.