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Mobile Apps for Ethiopian Commodity ExchangeBekele, Israel January 2016 (has links)
In the African continent the mobile phones are already contributing theirshare in the development of the continent. Specially in Ethiopia, in onedirection, the users of mobile phones are increasing each year and mostimportantly the small scale farmers who contribute 85% of the country’spopulation are using these devices to trade their surplus products in anefficient manner and better deal thus earn good profit. In anotherdirection, Ethiopia has set up its own Commodity Exchange in 2008 sothat farmers and traders could buy and sell commodities in an efficientand transparent manner. Taking into consideration both of thesedevelopments carried out to encourage smooth trade and modernmarking strategies, this project has a target to come up with mobileapplications for the Android mobile platform and iPhone users in the firstphase of implementation. Accordingly, the app developed will help to getreal time Ethiopia commodity Exchange (ECX) market prices, commodityrelated headlines, weather forecasts and other relevant news. It willcontribute to standardize the way ECX is performing to link up differentparties specially farmers who make up majority of the country’spopulation and support the economy of the country in a great deal withthe traders. Although the mobile app developed does not have an aim tobring in significant change into the existing system at the currentpenetration of Smartphone in the country, it helps to disseminateinformation in standardized manner as in big commodity exchanges andbesides, we believe in the future it will be the convenient and widely usedmeans to reach the traders with necessary information.
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