Malawi on Tuesday, November 16 signed a $1 billion (about K840 billion) deal with Elsewedy Electric of Egypt at the ongoing intra African Trade Fair in Durban, South Africa.

Minister of Trade, Sosten Gwengwe signed on behalf of the Malawi Government while Elsewedy President and Chief Executive Officer, Engineer Ahmed Elsewedy, signed on behalf of the Egyptian energy giant.

For more information, please see https://www.businessmalawi.com/malawi-seals-k840-billion-deal-at-iatf-2021/