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WHAT MODEL IS KENYA SETTING UP

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ECX-UNDP KNOWLEDGE FORUM PROGRESS REPORT ON ESTABLISHMENT OF THE COMMODITY EXCHANGE IN KENYA 24 February, 2010. WHAT MODEL IS KENYA SETTING UP. System with in-built integrity, Instant access for Sellers and buyers to the regional and later a global market, - PowerPoint PPT Presentation

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Page 1: WHAT MODEL IS KENYA SETTING UP
Page 2: WHAT MODEL IS KENYA SETTING UP

System with in-built integrity, Instant access for Sellers and buyers to the regional and later a global

market, Efficient shared technology infrastructure so as to substantially

reduce transaction costs for market participants and increase the operational / technical efficiency of the exchange,

The best expertise in all relevant dimensions, Strategic/Commercial partnerships with leading players like farmers

(producers) , grain dealers, banks, collateral managers, connectivity partners,

A Warehouse Receipt Depository System, Market Surveillance and Information System, Capacity-Building for all players, and Specialized Support from partners (e.g. grassroots market linkages).

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Supporting Partners Government EAGC/USAID/COMPETE

Strategic/Commercial Partners Well Capitalized Bank(s) Grain Dealers Technology/Service Providers in related business Private sector Public Sector

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Advisory Board

Interim Board

Management

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Representation on the Advisory Board

Representation on the Board of Directors

Active participation in product, governance and other committees of the exchange

Boost confidence through injection of resources such as finance and technology solutions

Support capacity-building and market linkage capabilities: farmers, traders, brokers, banks

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Coordinate relevant approvals, licenses and forms of collaboration with government

Developing the framework for consultation with stakeholders

Coordinate articulation of stakeholder requirements

Provide warehousing network

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Building Confidence

Setting up Warehouses◦ Insurance Covers on the commodities◦ State of some facilities

Legal Framework

Mobilizing the players

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THANK YOU