Malawi to hold first ever Malawi investment Forum in South Africa

By Chisomo Phiri

The Malawi government says it will from May 24 to 25 hold a first ever Malawi Investment Forum at Emperors Palace, Kempton Park in Johannesburg, South Africa.

The Forum which will be held under the theme “A Prosperous Malawi Through Strategic Investment Partnerships, will mark the first time Malawi has provided such a platform for potential investors in South Africa and beyond.

The Forum aims at giving potential investors, financiers, and business captains an opportunity to engage and explore investment opportunities in Malawi in sectors such as energy, tourism, mining, agriculture, manufacturing, infrastructure, health, education, financial and ICT.

Hon Simplex Chithyola

Speaking in an interview with 247 Malawi, Minister of Trade and Industry, Simplex Chithyola Banda said the government is committed to providing an enabling environment in which the private sector can thrive and grow the economy.

“The Forum will be the first of its kind as Malawi will provide such a platform to potential investors in South Africa and beyond.

“It will give potential investors, financiers and business captains an opportunity to engage and explore investment opportunities available in Malawi in energy, mining, agriculture, tourism, health and education as well as financial services and ICT.

“Government initiated the Malawi Investment Trade Centre (MITC) to provide One-Stop Trade services to ease and reduce cost of investing in Malawi,” Chithyola Banda said.

So far, National Bank of Malawi has already shown its interest towards the forum by providing an assistance of K15 million.