Zambia, Malawi Finalize Maize Deal

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Zambia and Malawi agreed to finalize a maize export deal involving 200,000 metric tons, following a bilateral understanding between their presidents. Finance Ministers Situmbeko Musokotwane and Joseph Mwanamveka met during the IMF and World Bank meetings to expedite arrangements. Musokotwane highlighted Zambia’s recent drought response, supported by a $200 million World Bank grant. Both countries will hold an emergency meeting in Chipata to complete logistical, contractual, and policy frameworks for the exports.