MITC's Zambia Trade Mission successful

The Malawi Investment and Trade Centre has described its recent Trade mission to Zambia as successful. Public Relations Manager for MITC, Deliby Chimbalu said the mission has managed to secure export orders of various products including cooking oil, rice, sunflower seed, sugar beans, groundnuts, and honey among others.

“We are happy to report that the companies that went with us to this trade mission in Lusaka, Zambia have managed to secure significant trade deals. Some have even secured deals worth 10 million dollars to supply seed and grain to the Zambian Market.’’ Explained Chimbalu.

The trade missions are part of market identification exercise that the MITC is currently conducting under the EIF project which is helping the Malawi government to promote its value added products into regional and international markets.

Similar trade missions have also been organized for South Africa, Mozambique and China.

The Zambia trade mission attracted participation of 11 companies who are into commodities and value added products. The companies managed to hold B2B meetings with major buyers in Lusaka like the Aurora Group, CHC Commodities, Collateral Managers International, Zambian Commodity Exchange (ZAMACE), AFGRI Zambia, Southern National Import and Export (large distributor in Zambia who supplies all the fast food restaurants and emirates), Melissa supermarket, Leila Investments and Sana Supermarket.

Meanwhile the Malawi Investment and Trade Centre (MITC) is encouraging companies to patronize such trade missions as these provide a great opportunity for them to identify international markets for their products.

Among the participating companies are Capital Oil Refining Industries (CORI), Suncrest Creameries, ADMARC, Export Development Fund (EDF) and African Women in Agri-business among others.

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