Government has challenged the private sector to step up and act as off-takers for local products that Small and Medium Enterprises (SMEs) are producing for exports and import substitution.
The Malawi Bureau of Standards (MBS) says the number of firms applying for and obtaining product certification has increased by 10 percent compared to last year, reflecting growing appreciation of quality standards among local manufacturers.
An economic expert, Hannock Ngwata has urged the government to leverage the presence of private investors to boost Malawi’s macadamia nut exports in a bid to generate more foreign exchange.
A South African-based Malawian entrepreneur says he is developing a local ride-hailing and delivery platform aimed at improving security in the country’s transport sector, particularly for motorcycle taxi operators.
Malawi could generate more than US$30 billion in mining exports between 2026 and 2040 under a new roadmap launched by the government and the World Bank.
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