Auction System Automation
In April 1998 the coffee bidding process was automated and it changed from the commonly known open-outcry to the push buttons, which has continued until now. This first phase of automating the auction process of the Nairobi Coffee Exchange has served for 20 years to-date! This is commendable system performance as an instrument for the price discovery of the country’s coffee sales.
The upgraded system
The upgraded auction system was successfully taken into service at the beginning of May 2018. The system has a state-of-the-art software and the latest LED technology. This whole development offers coffee growers and buyers the necessary guarantee for a transparent, accurate and reliable sales platform which can stimulate growth in the entire coffee sub-sector.