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Malawi earns $1.3 million in South Sudan deal

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Malawi has so far realised around $1.3 million from the 1,500 metric tonnes of maize flour and 400 tonnes of rice it has exported to South Sudan, the Malawi Investment and Trade Centre (MITC) has said.

In an interview, MITC Chief Executive Officer Paul Kwengwere said, currently, there is one buyer, Trinity Energy Limited, who has been appointed representative of a Malawi-based company known as Ideal Group Limited.

He said MITC is also working with the South Sudan National Chamber of Commerce, Industry and Agriculture (SSNCCIA) in identifying other buyers of Malawi products in South Sudan.

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“So far, Ideal Group Limited has been able to work with millers, farmers, financial institutions, transporters, insurance companies and others and has exported 1,500 metric tonnes of maize flour and 400 tonnes of rice.

“We also have Patson Produce that has shown interest in exporting to South Sudan. Currently, they are in the process of establishing an office in that country to easily navigate the South Sudanese market. We are continuing to engage the private sector to explore business opportunities that are presented in South Sudan and we are optimistic that we will have a good number of companies interested in doing business with South Sudan,” Kwengwere said.

The Malawi Government, through the Ministry of Trade and Industry, signed a Memorandum of Understanding with the government of South Sudan for trade and economic cooperation that will see the country exporting goods worth over $285,000,000 in the next five years.

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South Sudan is interested in products such as maize flour, beans, rice, cooking oil, sugar, soy beans, tea, poultry products, groundnuts, cow peas and Irish potatoes from Malawi.

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