Côte d’Ivoire officially launched the Bourse des Matières Premières Agricoles (BMPA), marking West Africa’s first agricultural commodities exchange. Located in Abidjan, the BMPA aims to bring transparency, price stability, and structured trade to key agricultural products. The exchange opened with the successful trade of 89 tonnes of goods valued at nearly €50,000 within its first 10 minutes.

Initially listing raw cashew nuts, cola nuts, and maize, the BMPA allows farmers to deposit crops in certified warehouses and receive warehouse receipts for online trading through licensed brokers. The system, backed by regulatory frameworks and financial infrastructure, is expected to stabilize seasonal supply fluctuations, improve farmer income, and reduce reliance on international pricing hubs. As a regional milestone, the BMPA joins a growing network of commodity exchanges across Africa and is positioned as a bold step toward modernizing agriculture and empowering local producers across West Africa.

Link: https://allafrica.com/stories/202505300540.html