The USAID Southern Africa Trade and Investment Hub boosts trade and investment with and within Southern Africa.

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March 11, 2020—With support from the USAID Southern Africa Trade and Investment Hub, Malawian firm Impilo Products has agreed to supply 210 tons—seven 30-ton truck loads—a month of non-GMO soya beans to a South African buyer. Randvaal-based Irwing Soya, according to its website, “is closely tied to ilanga oils and the well-known South African manufactured catering oil brand Gold ‘n Crisp.” The deal will begin in May. Although the price will likely fluctuate from month to month, at current exchange rates, the monthly sale will be worth approximately $105,000—or $525,000 through September 30, 2020, the end of the Hub’s current fiscal year. This is the second of two deals facilitated by the Hub for Impilo, with the first pending final verification by the Hub’s monitoring and evaluation team. Irwing Soya manufactures vegetable oils, meal for human consumption, and animal feed inputs from soya, groundnuts, and beans. The firm, which supplies the likes of Tiger Brands and McDonalds, has seen rising demand for non-GMO soya, which Impilo offers at competitive rates. This deal, which comes after a series of Hub meetings with Irwing Soya’s chief executive, is part of the USAID program’s push to boost exports from southern Africa to South Africa.

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