Bangladeshi electronics giant Walton is going to export refrigerators, air conditioners, home and electric appliances, laptops, and mobile phones to West Africa's Mali and Senegal.
Simpara Group, which has extensive business networks in Mali and Senegal, will sell Walton products in the countries.
A memorandum of understanding was signed between Walton and Simpara in Dhaka on Tuesday in this connection.
Simpara Managing Director Mamadou DIT N'fa Simpara and Walton International Business Unit President Edward Kim inked the deal.
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On Sunday, Mamadou Simpara visited the Walton factory in Gazipur's at Chandra.
During the visit, he toured Walton's refrigerator manufacturing, metal casting, compressor, air conditioner, television, SMT production, PCB, computer, washing machine, mobile phone and home and kitchen appliance manufacturing processes.
Mamadou said: "Walton is a versatile company – based entirely on technology. I am fascinated by the attractive installation of the factory and the production process of various products."
"Before coming to Bangladesh, I learned a lot about Walton through the internet. I was really surprised to see the Walton factory first hand."
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"There is a demand for all kinds of electronics products in Africa. I believe not only Mali, but Walton products will also one day spread across the African continent," Mamadou said.
Walton Hi-Tech Industries Director Nishat Tasnim said, "We are exporting products to more than 40 countries. Extensive work is underway to accelerate our export activities. Also, the new business agreement has created opportunities for the large-scale export of Walton products to Africa."
Edward said, "There are many emerging economies in Africa now. So, we have an aggressive export plan for the whole of Africa. The new deal will help accelerate that plan."