1) Depositor Details


  • Entity:


  • Contact:

    German Development Cooperation (GIZ)

  • Physical Address:

    Lilongwe

  • Postal Address:

    P.o Box 31131 Lilongwe 3

  • Tel:

    265993838460

  • Fax:


  • Email:

    Joseph.ndengu@giz.de

  • Proceeds Assignment:

2) Warehouse details


  • Warehouse Name:

    Mulanje Warehouse

  • Warehouse Manager:

    Joseph Khoromana

  • Warehouse Operator:

    National Smallholder Farmers' Association of Malawi (NASFAM)

  • Warehouse Number:

    MulanjeWH

  • Location:

    MULANJE

  • Fax:


  • Email:

    jkhoromana@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain

  • Variety:

    White Maize (GMO)

  • Grade:

    ACE2

  • Crop Year

    2017

  • Quantity:

    272.18  MT

  • Total Draw Down:

    0 MT

  • Volume at Current Moisture:

    271.76 MT at 12.20 %

  • Volume loss at current Moisture:

    0.42 MT

  • Volume at Standard Moisture:

    271.23 MT

4) Storage Cost as of  25 Jun 2018


Cost codeCost (MWK)
Fixed Handling653,242.80
Bags and Bagging1,660,325.45
Daily Storage Fee5,616,496.23
Total7,930,064.48

Storage settled till : 25/06/2018
Amount Financed :
Final Settlement Till Date : 0
Accumulated Interest Till Date : 0
Placement : Owner

5) This Warehouse Receipt is subject to the terms and conditions stipulated in:

  • The ACE Warehouse Receipt Rules
  • The parties acknowledge themselves to be familiar with and to be bound by the defaults terms and conditions if applicable as stipulated generally by the Regulations of ACE.
  • ACE Arbitration Rules - Any dispute arising under this or in relation to this Warehouse Receipt shall be submitted to Arbitration in terms of regulation 38 of the regulations of ACE.

6) Audit Trail

DateDescriptionOwnerVolume(MT)
11/07/2017WHR CreatedGerman Development Cooperation (GIZ)29.71
13/07/2017Additional VolumeGerman Development Cooperation (GIZ)30.00
13/07/2017Additional VolumeGerman Development Cooperation (GIZ)30.00
13/07/2017Additional VolumeGerman Development Cooperation (GIZ)45.06
17/07/2017Additional VolumeGerman Development Cooperation (GIZ)27.37
19/07/2017Additional VolumeGerman Development Cooperation (GIZ)44.89
20/07/2017Additional VolumeGerman Development Cooperation (GIZ)43.71
23/07/2017Additional VolumeGerman Development Cooperation (GIZ)21.44
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204