The European Union has urged Malawi to strengthen its regulatory framework and implement electricity market reforms to attract more private sector investment in the energy sector.
EU Ambassador to Malawi, Daniel Aristi-Gaztelumendi, said reliable and affordable energy is critical for driving economic growth and improving living standards.
He made the remarks during the launch of the Productive Use of Energy (PUE) Roadmap, developed by the Renewable Energy Industry Association of Malawi (REIAMA).
Speaking at the same event, Andreas Hartmann, Head of Cooperation at the German Embassy, said the German Development Cooperation remains committed to supporting sustainable economic growth, skills development, and job creation in Malawi.
Saidi Banda, Deputy Director of Off-Grid Electrification in the Ministry of Energy, said Malawi aims to achieve 70 percent energy access by 2030 and emphasized that partnerships with the EU and Germany are key to realizing this target and promoting sustainable development.