Experts See Commodity Exchanges Key to African Revolution

oseph Dzindwa
Joseph Dzindwa, who has expanded from a one-hectare to an eight-hectare maize farm in the last few years, checks his hybrid maize crop in Catandica, Mozambique.

Experts from 14 African countries are examining ways to encourage a market revolution that promises to boost incomes of the seven-out-of-10 Africans who make their living from agriculture.

An information revolution is changing the face of African agriculture. From Tanzania to Ghana and Zambia to Ivory Coast, a move is on to connect rural farmers instantaneously to the information they need to sharply increase their incomes.

In Ethiopia, an automated data server providing real-time commodity prices received more than one-million calls last month. The data server has been an increasingly important tool for the country’s farmers since the Ethiopian Commodity Exchange opened nearly three years ago.

Read more