Cereals Exchange strengthens business prospects for new and seasoned traders alike

When Colette Nakpergou gave the closing summary at the Cereals Exchange on behalf of the Togolese delegation, her compatriots let out a loud cheer in agreement: “The most important thing is that we cereals actors have to commit more in regional trade so that we can defeat road harassment not on paper but in real… Read More

Dakar exchange attracts independent observers from regional institutions

More than 90 stakeholders in the cereals sector took part in Dakar’s first cereals exchange, culminating in the signing of 54 contracts for an estimated 18,000 metric tons of produce, by close of business on March 11. The two-day event was the third in a series of regional exchanges conducted by the West Africa Trade… Read More

Negotiating cereals trades with written contracts

Cereals exchange organized by USAID generates 54 contracts for $20 million in staple food commodities. Alhadji Adamou Aboubakar, a cereals trader from Niger, knows well the pitfalls of verbal agreements in his business. “If we set the price today, as soon as the price fluctuates, there will be a problem between the two parties,” he… Read More

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