Setutsi Ivowi has been appointed Secretary-General of the Association
The AfCFTA Association of Commodity Exchanges (A-ACX) continues to gain momentum toward deeper integration and collaboration across Africa’s commodity markets.
At a recent General Meeting, the Association confirmed key leadership appointments and highlighted progress in expanding both its continental and global partnerships.
The meeting was chaired by Collen Tapfumaneyi, Chief Executive Officer of the Zimbabwe Mercantile Exchange (ZMX) and current Chair of the A-ACX.
During the session, Setutsi Ivowi (also known as Tucci Ivowi) was formally appointed Secretary-General of the Association.
Tucci Ivowi, who convened the formation of the A-ACX and served as the first Chair of its Steering Committee, has played a pivotal role in shaping the Association’s strategic vision and governance framework.
Her appointment represents a significant step in strengthening the institution and advancing its mission under the African Continental Free Trade Area (AfCFTA) to drive structured, transparent and inclusive commodity trading across Africa.
The A-ACX now comprises 18 member exchanges from across the continent, representing a broad and growing network of African commodity markets:
AFEX Commodities Exchange – Nigeria
Agricultural Commodity Exchange for Africa (ACE Africa) – Malawi
Botswana Agricultural Commodities Exchange (BACE) – Botswana
Cameroon Commodities Exchange (CAMCX) – Cameroon
East Africa Exchange (EAX) – Rwanda
Ethiopia Commodity Exchange (ECX) – Ethiopia
Eswatini Commodities Exchange (ECX) – Eswatini
Ghana Commodity Exchange (GCX) – Ghana
Madagascar Commodities Exchange (MCE) – Madagascar
Mozambique Commodities Exchange (MCX) – Mozambique
Nairobi Coffee Exchange (NCE) – Kenya
Nigeria Commodities Exchange (NCX) – Nigeria
Sierra Leone Commodity Exchange (SLX) – Sierra Leone
Johannesburg Stock Exchange (JSE) – South Africa
Tanzania Mercantile Exchange (TMX) – Tanzania
Uganda Commodity Exchange (UCE) – Uganda
Zambian Agricultural Commodity Exchange (ZAMACE) – Zambia
Zimbabwe Mercantile Exchange (ZMX) – Zimbabwe
The meeting reaffirmed the Association’s shared commitment to advancing intra-African trade and enhancing the role of commodity exchanges in promoting price transparency, value addition and regional integration.
In a related development, the A-ACX recently signed a Memorandum of Understanding (MoU) with the Association of Futures Markets (AFM), marking a significant milestone in its international engagement.
The partnership reflects a shared commitment to strengthening Africa’s commodity and derivatives markets through global collaboration, knowledge exchange and technical cooperation.
With its leadership firmly established and a growing membership base, the A-ACX is well-positioned to play a transformative role in shaping Africa’s commodity market landscape driving economic resilience, competitiveness and sustainable growth across the continent.
