Business News of Wednesday, 4 February 2026

Source: Geroge Owusu, Contributor

Setutsi Ivowi leads AfCFTA Commodity Exchanges as First Secretary-General

The AfCFTA Association of Commodity Exchanges (A-ACX) continues to gain momentum toward deeper integration and collaboration across Africa’s commodity markets.

At a recent General Meeting, the Association confirmed key leadership appointments and highlighted progress in expanding both its continental and global partnerships.

The meeting was chaired by Collen Tapfumaneyi, Chief Executive Officer of the Zimbabwe Mercantile Exchange (ZMX) and current Chair of the A-ACX.

During the session, Setutsi Ivowi (also known as Tucci Ivowi) was formally appointed Secretary-General of the Association.

Tucci Ivowi, who convened the formation of the A-ACX and served as the first Chair of its Steering Committee, has played a pivotal role in shaping the Association’s strategic vision and governance framework.

Her appointment represents a significant step in strengthening the institution and advancing its mission under the African Continental Free Trade Area (AfCFTA) to drive structured, transparent and inclusive commodity trading across Africa.

The A-ACX now comprises 18 member exchanges from across the continent, representing a broad and growing network of African commodity markets:

AFEX Commodities Exchange – Nigeria

Agricultural Commodity Exchange for Africa (ACE Africa) – Malawi

Botswana Agricultural Commodities Exchange (BACE) – Botswana

Cameroon Commodities Exchange (CAMCX) – Cameroon

East Africa Exchange (EAX) – Rwanda
Ethiopia Commodity Exchange (ECX) – Ethiopia

Eswatini Commodities Exchange (ECX) – Eswatini

Ghana Commodity Exchange (GCX) – Ghana

Madagascar Commodities Exchange (MCE) – Madagascar

Mozambique Commodities Exchange (MCX) – Mozambique

Nairobi Coffee Exchange (NCE) – Kenya

Nigeria Commodities Exchange (NCX) – Nigeria

Sierra Leone Commodity Exchange (SLX) – Sierra Leone

Johannesburg Stock Exchange (JSE) – South Africa

Tanzania Mercantile Exchange (TMX) – Tanzania

Uganda Commodity Exchange (UCE) – Uganda

Zambian Agricultural Commodity Exchange (ZAMACE) – Zambia

Zimbabwe Mercantile Exchange (ZMX) – Zimbabwe

The meeting reaffirmed the Association’s shared commitment to advancing intra-African trade and enhancing the role of commodity exchanges in promoting price transparency, value addition and regional integration.

In a related development, the A-ACX recently signed a Memorandum of Understanding (MoU) with the Association of Futures Markets (AFM), marking a significant milestone in its international engagement.

The partnership reflects a shared commitment to strengthening Africa’s commodity and derivatives markets through global collaboration, knowledge exchange and technical cooperation.

With its leadership firmly established and a growing membership base, the A-ACX is well-positioned to play a transformative role in shaping Africa’s commodity market landscape driving economic resilience, competitiveness and sustainable growth across the continent.