Regulation of agricultural markets in Malawi
Agriculture holds special significance in Malawi, because most Malawian households depend primarily on this sector for income and food security.
Agriculture holds special significance in Malawi, because most Malawian households depend primarily on this sector for income and food security.
Structured markets are organized platforms where economic agents such as farmers, traders, processors and financial institutions enter transparent and legal trading and financial arrangements (East Africa Grain Council 2013).
Malawi is unusual in having not one, but two commodity exchanges (Comex): The Agricultural Commodity Exchange (ACE), established in 2006, and Auction Holdings Commodity Exchange (AHCX) Ltd, established in 2013.
After reviewing Malawi’s recent export experience, this policy note examines the types and potential contributions of structured markets to export marketing with a specific focus on commodity exchanges and export mandates.