The Africa Mega Agri Corp (AMAC), (NSE:AMAC, +67% YTD), through its commodities exchange platform AMAC COMEX, has entered into a partnership with The Grain Council of Uganda (TGCU). This strategic move is expected to significantly transform Uganda’s agricultural trade landscape. The agreement represents a major step toward integrating Uganda’s agricultural sector into domestic, regional, and global commodity markets. This collaboration will grant more than 400 TGCU member organisations including millions of farmers, cooperatives, traders, and processors, by giving direct access to AMAC COMEX’s advanced, technology-driven trading ecosystem.
This strategic partnership is poised to redefine how agricultural commodities are traded in Uganda by introducing a comprehensive suite of market-oriented solutions. For the first time, TGCU members will benefit from a fully integrated platform that spans the entire agricultural value chain, including grains, maize, nuts, fruits, vegetables, coffee, tea, herbs, and animal feeds. The initiative reflects a broader ambition to modernise agricultural trade infrastructure, enhance market efficiency, and strengthen Uganda’s competitiveness in global markets.
A key feature of the agreement is the provision of global market access through a live digital exchange. This will connect the Ugandan agricultural producers and traders to a wide network of domestic, regional, and international buyers, while also enabling access to verified global suppliers for agricultural inputs. By bridging the gap between producers and markets, the platform is expected to expand trade opportunities and improve price discovery for farmers and agribusiness stakeholders.
In addition, the partnership introduces a robust Warehouse Receipt System, enabling farmers and traders to store produce in certified facilities and obtain internationally recognised warehouse receipts. This system is supported by global collateral management expertise and it is also aimed to enhance the security of stored commodities while allowing producers to leverage their produce as collateral for financing. As a result, farmers will be better positioned to manage post-harvest losses and stabilise their incomes.
Another transformative component of the agreement is the availability of instant post-delivery financing. Through AMAC COMEX’s network of 13 local and regional banking partners, farmers will gain immediate access to working capital upon delivering certified produce. This mechanism is designed to eliminate the long-standing challenge of distress selling, where farmers are forced to sell their produce at low prices due to urgent financial needs.
The partnership further strengthens trade through comprehensive insurance and trade finance solutions. These services will provide coverage for transactions and facilitate structured financing arrangements, thereby reducing risks associated with agricultural trade. Coupled with this is the establishment of an integrated logistics network, offering end-to-end supply chain solutions from farm gate to global markets. This ensures efficient movement of goods, reduces inefficiencies, and enhances the overall reliability of the agricultural trade system.
‘Tomorrow’s signing is a declaration that Uganda’s farmers and agricultural cooperatives deserve access to the same world class market infrastructure that drives agricultural trade in most developed economies in the world,” said AMAC COMEX CEO.
About AMAC COMEX
AMAC COMEX, is a flagship platform of Africa Mega Agri Corp, and it is designed to connect agricultural producers, cooperatives, and traders across the continent with both local and international markets. By integrating commodity trading, warehouse receipt systems, financing, insurance, and logistics into a single interface, the platform delivers a seamless, technology-driven trading ecosystem. Its extensive partner network—including financial institutions, global collateral managers, and logistics providers—positions it as a key enabler of agricultural value chain development in Africa.
On the other hand, The Grain Council of Uganda stands as one of the country’s most influential agricultural membership organisations, representing over 400 member entities. Its broad membership base spans multiple segments of the agricultural value chain, making it a critical player in advancing Uganda’s agricultural development agenda. Through this partnership, TGCU is expected to unlock new opportunities for its members, fostering increased productivity, improved market access, and sustainable growth within the sector.
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