
AFEX
OperatingCommodities exchange and market infrastructure for Africa
- Total raised
- $26.5M
- disclosed
- Last round
- $26.5M
- Investment
- Rounds
- 1
- Investors
- 1
- listed
About AFEX
AFEX operates a commodities exchange and market infrastructure platform connecting producers, traders and investors. It supports physical and financial commodity trading, warehouse receipts and commodity-backed investment products, with an operating office in Abuja, Nigeria.
AFEX funding1 round
AFEX has raised $26.5M across 1 disclosed round. The latest is a $26.5M Investment announced 01 Nov 2023.
Who has invested in AFEX
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 01 Nov 2023 | AFEX Investment01 Nov 2023British International Investment | British International Investment | $26.5M |
AFEX founders & team
- Ayodeji BalogunGroup CEO
AFEX competitorssame sector · similar funding
- eleniNairobi, Kenya
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Frequently asked about AFEX
- Where is AFEX based?
- AFEX is headquartered in Abuja, Nigeria.
- Who is the CEO of AFEX?
- Ayodeji Balogun is AFEX's Group CEO.
- How much funding has AFEX raised?
- AFEX has raised $26.5M across 1 disclosed round. Its latest, a $26.5M Investment, was announced on 01 Nov 2023.
- Who has invested in AFEX?
- Backers include British International Investment.
- What sector is AFEX in?
- AFEX operates in Agritech and Capital Markets.