USD 47.5 Million in Deals for Zambian Firms in DRC
The Zambia Development Agency (ZDA) has announced the successful conclusion of its recent Trade Mission to the Democratic Republic of Congo (DRC), where nine Zambian companies signed Memoranda of Understanding (MoUs) and trade deals worth over USD 47.5 million were secured.
Preliminary data from 37 participating companies shows that total deals amounted to USD 47,499,945. Of this, USD 18,886 stemmed from spot sales, USD 38,576,918 from confirmed orders, and USD 8,904,141 from potential leads.
The mission showcased a diverse range of sectors, including food and agro-products such as rice, cassava flour, dry fish, kapenta, soy porridge, and peanut butter. Other sectors of interest included fresh produce, leather goods, and professional services, including landscaping, cleaning, recruitment, and agricultural consultancy.
Zambian participants included Unique Kal Enterprises, Sumwa General Supplies and Construction Limited, Lenchika Enterprises, Eunimos Investment Limited, Sereno Farms, Vine Cornerstone General Dealers, Densa Agriplus Limited, Dimitru Zambia, and Kasmel Traverse (Leather).
They engaged with Congolese counterparts including Uwezo Market, Gosen, Emerald Consulting, NDN Pro King Fresh Ltd, Sanza’s SARL, Aide Les Prochains, and Codex SARL.
“This collaboration demonstrates the growing confidence in Zambian products and services across the region,” said ZDA Director General, Albert Halwampa. “We are thrilled to see Zambian businesses expanding into new markets and building sustainable commercial relationships.”
This was in a statement issued by Kwali Mfuni, Head of Communications & PR, ZDA.
