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AFEX

Operating

Commodities exchange and market infrastructure for Africa

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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.

RoundAmount
AFEX Investment01 Nov 2023British International Investment$26.5M

AFEX founders & team

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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.