Standard Bank’s Madinga on what makes Malawi attractive to investors
Africa continues to drive internal and global investment into the continent, and this time the Malawi Investment Forum brought their A Game, in a conference held at the Emperors Palace, which started yesterday and ends today. Phillip Madinga, CEO, Standard Bank Malawi joins CNBC Africa for more.
Thu, 25 May 2023 15:30:51 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Malawi showcases investment opportunities in energy, agriculture, infrastructure, and tourism at the Malawi Investment Forum.
- The financial sector in Malawi is robust, offering support for potential investors, while the regulatory environment is being improved to attract more investments.
- Malawi's vision for inclusive growth and self-reliance by 2063 underpins its appeal as an investment destination.
Africa continues to drive internal and global investment into the continent, with Malawi positioning itself as an attractive destination for local and global investors. The Malawi Investment Forum, held at the Emperors Palace, has brought together key players to showcase the investment opportunities present in the country. Phillip Madinga, CEO of Standard Bank Malawi, highlighted the key areas of focus for potential investors, emphasizing the country's vision for inclusive growth and self-reliance by 2063. With a particular focus on energy, agriculture, infrastructure, and tourism, Malawi offers a range of opportunities for investors to contribute to the country's development. The forum also addressed the financial and regulatory environments in Malawi, aiming to create a conducive atmosphere for investment. By streamlining regulations and providing incentives, the government is working to attract investments that will drive economic growth and prosperity in the country. The potential for development and growth in Malawi is vast, and with the right support and collaboration, the country is poised to unlock its full potential.