Addis Ababa, Ethiopia - Dr. Eleni Z. Gabre Madhin, founder and the outgoing CEO of the Ethiopian Commodity Exchange(ECX) received the 2012 Yara Prize at the African Green Revolution Forum held at Arusha, Tanzania on September 27.

Dr. Eleni was recognized for her visionary leadership in managing the process to establish a market for agricultural produce as the founder and chief Executive of the ECX.

The modern market that became a benchmark for other agriculture trading in other African countries has created a sustainable market system for small-scale farms that were affected by traditional trading systems in the past years.

The Yara Prize is not new for Eleni. The exchange and its founder received several international recognition and awards in the past years for the achievement since the formation of ECX in 2008.

ECX fosters trading of several agricultural commodities. Coffee, the major export item of the country, sesame, haricot bean, maize and wheat are some of the products trading on exchange, while the facility is still expanding its capacity to include others. Read complete story on the Capital.