Ivory Coast’s commodities exchange will be launched this year, says BRVM CEO

The exchange, which will be based in the commercial capital of Abidjan, Ivory Coast, will initially trade kola nuts, cashew nuts and maize (maize), Edoh Amenounve, the CEO of the West African Regional Stock Exchange (BRVM), told CNBC Africa in an interview. Cocoa, the region’s dominant crop, will be added later, he said.

“We hope we can start this year,” says Amenounve, who is presenting the BRVM and the commodity exchange to South African investors. “We just try to have all the operational tools in place in terms of information systems. Once these are all ready, we will start this commodity exchange.”