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31 Changemakers Taking Initiative in Africa

31 Changemakers Taking Initiative in Africa
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GCX creates wider market for 320,000 smallholder farmers

…sets to begin cashew auctions this July The Ghana Commodity Exchange (GCX) has created a wider market reach for 320,000 smallholder farmers across the country, with access to quality commodities for both local and international consumers and fair pricing mechanism for farmers, Tucci Goka Ivowi, Chief Executive Officer of the exchange has disclosed. The onboarding of these farmers on the exchange, according to the GCX, has ensured standardization and has drastically reduced the risk of price manipulation by middlemen. The increasing trade in cereals and grains has given the impetus to the GCX to venture into cashew sales due to demands from international markets.

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