AFEX launches $100m food security fund

Originally published at: AFEX launches $100m food security fund

AFEX, Nigeria’s leading commodities market player, has announced a new $100m 10-year bond called The Food Security Fund (FSF). The financing will strengthen Africa’s food security and produce three million MT of food annually on the continent. AFEX’s fund will support the financing of 250,000 hectares of land for commercial and smallholder farming, initially consisting…