AMAC COMEX to Sign Landmark Commodities Exchange Deal with Uganda’s TGCU

Africa’s cutting-edge commodities exchange platform, AMAC COMEX, operated by AMAC PLC, is set to sign a landmark agreement tomorrow with The Grain Council Union (TGCU) in a move expected to significantly transform Uganda’s agricultural sector.

The high-level signing ceremony, scheduled for Thursday, March 26, 2026, in Kampala, is poised to mark a defining moment in integrating Uganda’s agricultural value chains into domestic, regional, and global commodity markets.

The agreement will grant TGCU’s more than 400 member organisations—representing millions of Ugandan farmers, cooperatives, traders, and processors—full access to the AMAC COMEX integrated trading platform for the first time. TGCU’s membership spans the entire agricultural value chain, including grain, maize, nuts, fruits, vegetables, coffee, tea, herbs, and animal feeds.

The event will draw top government and institutional leaders, including Uganda’s Minister of Finance Matia Kasaija, Minister of Trade Francis Mwebesa, Finance Principal Secretary Ramadhan Ggobi, CEO of National Social Security Fund Uganda Patrick Ayota, and TGCU Patron General Salim Saleh. Their presence underscores the strong government and institutional backing behind the partnership.

Transforming Agricultural Trade

Under the agreement, TGCU members will unlock five key capabilities through AMAC COMEX designed to modernize agricultural trade and improve farmer incomes.

First, the platform will provide global market access, enabling farmers and traders to connect in real time with domestic, regional, and international buyers, while also accessing verified global suppliers for agricultural inputs.

Second, the partnership introduces a Warehouse Receipt System (WRS), allowing farmers to store produce in certified facilities managed by global collateral manager Ace Global and receive internationally recognized warehouse receipts.

Third, farmers will benefit from instant post-delivery financing, with access to working capital immediately after delivering certified produce through a network of 13 local and regional banking partners. This is expected to significantly reduce distress selling, a long-standing challenge among smallholder farmers.

Additionally, the platform will offer trade insurance and structured trade finance solutions, ensuring that transactions are secured through both local and international coverage mechanisms.

Finally, an integrated logistics network will provide end-to-end supply chain solutions, linking farm gates to regional hubs and global export markets via vetted logistics partners.

Boost for Regional Integration

The partnership is expected to enhance Uganda’s position within Africa’s growing commodities trade ecosystem while improving price discovery, transparency, and efficiency across the agricultural value chain.

By bridging farmers to global markets and financial systems, the AMAC COMEX–TGCU agreement signals a new era of digitized, inclusive, and commercially viable agriculture in the region.

Read Also: AMAC: The Quiet NSE Stock That Is Turning Steady Growth into Serious Value