AFEX launches #CodeCashCrop to boost finance, tech collaboration in agric
AFEX Commodities Exchange, the only private commodity exchange in Nigeria, recently launched the hashtag #CodeCashCrop at the CoCreation Hub in Yaba, Lagos. According to Ayodeji Balogun, Country Manager of AFEX Commodity Exchange, #CodeCashCrop is designed to help participants get practical insights into developing for or investing in agriculture and also “have the invaluable social impact of putting smallholder farmers, who form over 90 percent of the exchange’s aggregation transactions and produce over 80 percent of our national food supply, in the spotlight as an addressable market segment.” The launch followed a workshop hosted by AFEX in Lagos which brought together over 90 corporates and startups in the finance and technology sectors to interact with agriculture entrepreneurs to co-create a functional prototype for collaboration that nurtures the competitiveness of the agribusiness sector. The workshop was organized in partnership with Dalberg Advisors, a globa...