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East Africa To Create Commodity Exchange
The East African Community is planning to launch a common commodity exchange.
The East African Community (EAC) is planning to launch a common commodity exchange,Business Daily Africareports. International consultancy Nicolas Berggruen Institute (NBI) will help create the facility.
The proposed commodity exchange market is expected to be a public-private partnership arrangement. A common commodity market for the region will help increase growers’ earnings and availability of food.
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