Standard Bank, a leading financial institution, has reaffirmed its financial commitments to driving Malawi’s growth through trade and foreign direct investment.
In a show of support, the bank has injected $10,000 (approximately MWK17.2 million) ahead of the Malawi Investment Forum in Dar es Salaam, Tanzania, scheduled for June 12-13, 2024.
Speaking to MIJ Online, Graham Chipande, Head of Business and Commercial at Standard Bank, emphasized the bank’s dedication to backing Malawi’s vision 2063.
“We are committed to providing financial support to help the country achieve its goals,” said Chipande.
He also highlighted the forum’s potential to attract new customers, including those in Tanzania.
And on his part, Sosten Gwengwe, Minister of Trade, echoed the significance of the forum in promoting Malawi’s key sectors – Agriculture, Tourism, and Mining.
“This event will help us woo more investors and boost our economy,” Gwengwe said.
The Malawi Investment Forum offers a vital platform for the country to showcase its investment opportunities and attract foreign direct investment.
Standard Bank’s financial commitment and support demonstrate the private sector’s crucial role in driving economic growth and development in Malawi.
