Ghana: Eleni Receives Green Light to Set Up Ghana Commodity Exchange

Eleni LLC, a newly-formed company based in Nairobi, Kenya, with equity investments by Morgan Stanley, International Finance Corporation (IFC), the private sector arm of the World Bank, and 8 Miles Fund, a private firm in London, has received the green light from the Securities and Exchange Commission (SEC) to set up the Ghana Commodity Exchange (GCX) within a 12-month timeframe.

The Co-founder and Chief Executive Officer (CEO) of Eleni LLC, Dr. Eleni Gabre-Madhin, disclosed this to the Business Chronicle in Accra over the weekend.

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