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    BREAKING NEWS
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
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    Carlo Chokhoto – Chairperson of the Malawi Investment and Trade Centre established in Lilongwe… Malawi attains International Market for Legumes and Livestock

    Posted On 28 Aug 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 8

    By Abdul Rahman Bangura–

    Photo Credit: Facebook

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Carlo Chokhoto informed columnists in Lilongwe on August 26th, 2021that the MITC, through embassies, market research and contacts; has recognized markets for a number of agriculture commodities and livestock.

    “There is a high demand of legumes in large volumes to be supplied to these markets which have already been secured as well as livestock like poultry,” he explained.

    Several of the legumes contain 218 tons of sesame seeds primarily liked in China and the United Arab Emirates. 98,000 tons of beans in Tanzania, South Africa and Zimbabwe. 35,000 tons of rice in DRC, tea, macadamia nuts and coffee in Japan.

    In upswing, cow peas, pigeon peas, soya, and sunflowers are wanted in nations like India and Zimbabwe respectively. Additional recent merchandises on the demand are honey with a high demand in South Africa (320 tons), tomatoes and pineapples which are similarly on high desire. He mumbled further that, poultry is generally expected in the neighboring Mozambique at a volume of 50 tons.

    Chokhotho said, the Trade Centre has opened up chances for planters to peddle their products to maximize their profits through export. Entirely, eligible businesses, commercial farmers and cooperatives should take reason of the chance, he asserted.

    And that, the Centre will promote all the bargains for each product and hence businesses, commercial farmers or cooperatives should contact their offices.

    Deputy Director for Trade – Diamond Chikhasu, explained all essential protocols and statutes are in place to render that, there is a facilitative atmosphere for business.

    “We have policies like trade, investment policies as well as National Export Strategy which are there to help in these business deals,” he let out.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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    8 Comments

    1. Olivia August 28, 2021 at 3:31 am Reply

      Our leadership in Malawi is doing a great job for our beloved Country and Afrika. Mzuzu Malawi. Olivia

      • New Africa Business News, Staff Correspondent August 28, 2021 at 3:40 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Rachel August 28, 2021 at 3:34 am Reply

      Malawi’s current government is doing a great job for it’s citizens. Johannesburg in South Africa. Rachel

      • New Africa Business News, Staff Correspondent August 28, 2021 at 3:40 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Frank August 28, 2021 at 3:35 am Reply

      Love the weekend newsletters and thank you. Berlin GERMANY. Frank

      • New Africa Business News, Staff Correspondent August 28, 2021 at 3:40 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Alex August 28, 2021 at 3:38 am Reply

      Thank you for the reports. And for covering the whole Continent. Harare Zimbabwe. Alex

      • New Africa Business News, Staff Correspondent August 28, 2021 at 3:40 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

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    • Nigeria Launches National Domestic Payments Card Program
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