Jimnah Mbaru, an investment banker, is suggesting to set-up a commodities exchange in Kenya.
Goldman Sachs topped the 2017 commodity revenue gaining more profits compared to its first few months this year.
Oil prices steadied on Friday, but Brent crude is creeping closer to reach $80 per barrel.
Buoyed by the US-Iran sanction deals, oil prices reached above $70 for the first time since November 2014.
Crude oil were higher on Wednesday as investors were worried about a possible re-imposing of US sanctions on Iran.
Crude oil was trading below its 3-year high that was reached in the last session. The US EIA data report will be announced this Wednesday.
Oil prices fell but were able to stay near their three-year high record.
Oil prices surged after a Saudi Arabia Price Target of $80 to $100. And prices were supported by the fall of US stockpiles.
Gold prices traded lower amid upbeat U.S. housing and industrial production data.
Crude oil prices rallied due to worries of high risks of supply disruptions, especially with the conflicts in the Middle East.
Oil prices calmed after surging to multi-year highs on tensions in the Middle East.
Oil prices recovered, despite trade war fears continue to weigh the market.