The Afreximbank African Commodity Index (AACI) H1-2023

Categories: Market Updates

The recurrence of adverse shocks in commodity terms of trade has severely constricted growth in African economies and made it crucial for businesses and policy makers alike to consistently monitor trends in the region’s key commodity markets. The Afreximbank African Commodity Index (AACI) accurately reflects the composition of African commodities and tracks the movements of commodity prices on a biannual basis. In so doing, the AACI highlights areas that require preemptive measures by the Bank, its key stakeholders, policy makers, and global institutions interested in the African market, to effectively mitigate risks associated with volatility of commodity prices.