Kenya Agricultural Commodity Exchange (KACE)

Description: 
Kenya Agricultural Commodity Exchange (KACE) is a private sector firm launched in 1997 to facilitate linkage between sellers and buyers of agricultural commodities, provide relevant and timely marketing information and intelligence, provide a transparent and competitive market price discovery mechanism and harness and apply information and communication technologies (ICTs) for rural value addition and empowerment. KACE objectives: to facilitate linkage between sellers and buyers, exporters and importers of agricultural commodities in trade; to provide farmers and market intermediaries (traders, brokers, processors and consumers) with relevant and timely marketing information and intelligence, and other services that enhance their bargaining power and competitiveness in the market place; to provide a transparent and competitive price discovery mechanism through the operations of the exchange trading floors; and to harness and apply the power of information and communication technologies (ICTs) as a strategic tool for rural value addition and empowerment. KACE has developed an internet-based Regional Commodity Trade and Information System (RECOTIS) for dissemination of market information. RECOTIS is an electronic database of clients interested in buying, selling, importing, exporting or distributing agricultural commodities.
Language: 
EN
Coverage: 
Kenya, Africa
Type: 
Text
Format: 
Web Page