PROJECT

Projects

Summary of Investment Information

Project Number

32641

Company Name

ELENI LLC

Date SPI Disclosed

Oct 25, 2012

Country

World Region

Region

Global

Projected Board Date

Nov 26, 2012

Environmental Category

FI-3 - No Impact

Status

Completed

Last Updated Date

Apr 5, 2017

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Jan 8, 2013
Signed : Jan 18, 2013
Invested : Jan 25, 2013

Sector

Exchanges (Trading Systems)

Project Description

The proposed project aims to support existing or establish new national exchanges in Africa (and potentially outside of Africa) through a partnership with Eleni & Associates LLC, a newly established company with expertise in designing, building and supporting core operations of scalable commodity exchanges in Africa. E&A will develop a full suite of technology necessary to operate a commodities exchange, including logistics management, electronic payments, market data, trade, reporting, surveillance, and warehouse receipt systems. Other co-investors are expected to join this undertaking.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation