AFEX Gears up for 2023 Commodities Outlook

January 19, 2023
AFEX 2023 Commodities Outlook

By Dipo Olowookere

A licenced commodities exchange in Nigeria, AFEX, will gather investors, policymakers, researchers, and stakeholders in the commodities ecosystem together on January 31, 2023, to discuss what to expect in the market this year.

According to a notice obtained by Business Post, the 2023 Commodities Outlook will take place virtually by 10 am and will require intending participants to register here.

The programme will afford stakeholders to know some of the market opportunities and how to take advantage of them, especially in a year the country is expecting a new President to emerge.

A few of the issues to look into during the event include a review of the global commodities market in 2022, a review of the domestic commodities market last year, the systemic factors affecting Africa’s commodities market, and the 2023 commodities market outlook.

Last year, the commodities market experienced volatility and uncertainty across local and international markets.

With all the macroeconomic factors at play this season, there has never been a more critical time to have a data-driven debate on forces that will shape the demand and supply dynamics of commodities in 2023.

AFEX was established in 2014 as Nigeria’s first licensed private commodities exchange. Its infrastructure and platforms drive capital to build a trust economy in Africa’s commodity markets, providing solutions in trading, financing and market system development.

The company designed a digital marketplace called ComX. This platform brings commodities into a financial market environment, enabling ease of transactions and eliminating concerns around storage and other commodity-associated costs.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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