Category Archives: Malawi News

Malawi News

Increasing competition policy enforcement across Africa

By Angelo Tzarevski, Associate Director, and Zareenah Rasool, Candidate Attorney, Competition & Antitrust Practice, Baker McKenzie Johannesburg Competition policy continues to be viewed by regulators as a key driver of economic growth globally. Across Africa, competition policy enforcement is increasingly being employed as a tool to boost economic performance and promote the revitalization of trade […]

Wingcopter raises $22M to advance technology leadership in drone delivery, announces serial production

Wingcopter, the German developer, manufacturer and operator of unmanned delivery drones for commercial and humanitarian applications, has secured $22 million in Series A funding. Wingcopter will use the funds to strengthen its leadership in drone-based logistics, with a special focus on healthcare-related applications, including the distribution of COVID-19 vaccines. At the same time, Wingcopter is […]

FES at the forefront of evolving agribusiness trends in Malawi and Zambia


Owning a tractor and various soil cultivation implements used to be part and parcel of commercial crop farming in Malawi. However, many farmers have now switched to a new business model: one which doesn’t necessitate extensive equipment ownership. Innovative agricultural solutions company Farming and Engineering Services (FES) is a pioneer of this trend. In addition to purely selling […]

African competition authorities respond to the COVID-19 crisis

Lerisha Naidu, Partner, Sphesihle Nxumalo, Associate, and Thato Mkhize, Candidate Attorney, Competition and Antitrust Practice, Baker McKenzie, Johannesburg The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent, who have expressed concerns over sudden price hikes of healthcare and hygiene products […]

Best Business Energy Projects and Pioneers at African Power, Energy & Water Industry Awards

African Business News

Ethiopia’s former State Minister in the Ministry of Water, Irrigation and Energy, Mr Wondimu Tekle Sigo, Ghana Grid Co, Lilongwe Water Board and several renewable energy generation projects were amongst the winners at the annual African Power, Energy & Water Industry Awards that returned to Cape Town at 15th May, honouring the leading utilities, projects […]

Cyclone Idai hit a number of countries in southern Africa—including Malawi, Mozambique, and Zimbabwe—late last week

African Business News

Teams with the international medical humanitarian organization Doctors Without Borders/Médecins Sans Frontières (MSF) are responding to the damage and devastating flooding caused when Cyclone Idai hit a number of countries in southern Africa—including Malawi, Mozambique, and Zimbabwe—late last week. In addition to assessing the damage, teams are working to access people in need and get […]

African Smallholder Farmers Get Insurance Payouts of US$ 1.5 Million after Low Rainfall

Poor rainfall in parts of Africa has triggered the largest insurance payout to date for vulnerable farmers under an innovative climate risk management scheme known as the R4 Rural Resilience Initiative (R4). Farmers participating in R4 – launched by the United Nations World Food Programme (WFP) and Oxfam America in 2011 – will receive insurance […]

Dry weather conditions and high temperatures likely to reduce harvests in Southern Africa

Poor rains and hot temperatures triggered water stress and adversely affected crop development in several areas of Southern Africa, FAO said today. While cereal stocks in the region are ample, the spell of dry weather and erratic rains earlier in the season signals multiple risks to agricultural yields and may aggravate the impact of the […]

Oradian named Top 100 African FinTech and winner of the European FinTech Award

  Oradian (, the fintech company from Croatia, claimed its position as a leading technology provider with both a first-place finish in the European FinTech Awards competition and a nomination as a Top 100 African FinTech company. The win at the European Fintech Awards recognises Oradian as the European leader in Innovative Banking Software designed for microfinance institutions […]

ECA launches the 2016 Malawi country profile

The Country profiles provide evidence based information and analyses on socio-economic trends and tracks progress in areas of regional integration, gender equality and social development in member-states Twenty-one country profiles were released in 2016, covering Angola, Malawi, Mauritius, Mozambique, South Africa and Swaziland in the Southern Africa region. Others are Central African Republic, Equatorial Guinea […]

Highlights from Power Africa at Africa Energy Forum

Power Africa attended the Africa Energy Forum (AEF) to further advance its goal to increase energy access and power generation in sub-Saharan Africa. Through grant signings, facilitated events, and targeted meetings with government and private sector partners, Power Africa plans to further increase the number of transactions that have reached financial close. Currently, the 76 […]

IMF Staff Completes Review Mission to Malawi

A second consecutive year of the El Niño-induced drought created an unprecedented humanitarian crisis that placed an estimated 6.7 million people—or 40 percent of the population—at risk of food insecurity IMF and development partners intervention helped stabilize maize prices and alleviated the adverse impact of the drought on the vulnerable population Based on progress to […]

Tana Forum announces Theme for 2017: Natural Resource Governance in Africa

Former Malawian President Joyce Banda joins Forum Board The theme of the 2017 Tana Forum ( – Natural Resource Governance in Africa – is both timely and relevant given the centrality of natural resources in Africa’s quest for sustainable development. The Forum’s Secretariat has prepared a summary document as well as 5 rich infographics providing an […]

EU Bank supports Agricultural Sector in Malawi

The initiative, developed together with USAID and ACE, will enhance the access to finance for private sector companies and will primarily target the development of agricultural storage capacity in the country. As such it will contribute to key developmental priorities of Malawi, including private sector development, increased food security and reduction of poverty. Another main […]

Malawi aligns its Mining Policy to the AMV

The meeting kicked off on 10 August 2016 at the UN Conference Centre in Addis Ababa and brought together the government, civil society representatives, industry operators, and other private sector actors The Malawi Government through Ministry of Natural Resources, Energy and Mining with the support of African Minerals Development Centre (AMDC) hosted a three-day stakeholder […]

One Acre Fund Expands Smallholder Farmer Services to Malawi and Uganda

One Acre Fund (, a nonprofit agriculture organization that supplies smallholder farmers with the financing and training they need to increase their incomes and food security, announced the official opening of its Malawi and Uganda operations. Malawi and Uganda began as pilots in 2013 and 2014 respectively. One Acre Fund now serves 400,000 smallholder farmers—with […]

A Trans-African Inland Waterway and Canal Transportation System

The Nile River has been navigable since the time of the pharaohs some 4,000-years ago, while sections of the Niger, Benue, Congo and Zambezi Rivers have also been navigable. While Cecil John Rhodes sought to build a north – south Cape-to-Cairo railway line, African railway networks remain regional with the own distinctive railway gauge. Paced […]

Malawi: Ritual murders of people with albinism must end

The killing of a woman with albinism in Malawi highlights the government’s shocking failure to protect the right to life and personal security of this vulnerable minority, said Amnesty International. The mutilated body of Eunice Phiri, a 53-year-old woman with albinism, was found on 28 January in the Kasungu National Park. Her arms had been […]

IOM Provides Cash Aid to Flood-Displaced Households in Malawi

IOM Malawi, with funding from the European Commission’s Humanitarian Aid and Civil Protection Department (ECHO), is distributing cash grants this week to complement Malawi Government efforts to support families affected by the 2015 floods. The cash assistance is targeting 150 internally displaced families (750 people) in the hardest hit districts of Chikwawa, Nsanje, Zomba and […]

Ingenico Group deploys the largest base of terminals to develop Financial Inclusion in Africa

Ingenico Group (  (Euronext: FR0000125346 – ING), the global leader in seamless payment, has reached a strategic fifty-thousand terminals landmark to serve the unbanked population and becomes the indisputable Financial Inclusion-enabler in Africa. “This milestone is taking us to the forefront of the Financial Inclusion market in Africa where three quarter of the population is […]

Growing concern about El Nino’s impact on Southern Africa as planting window closes

The United Nations World Food Programme (WFP) is increasingly concerned about food security in southern Africa where an estimated 14 million people are facing hunger following prolonged dry spells that led to a poor harvest last year.The El Niño global weather event, which is leading to even worse drought across the region, is already affecting […]

IMF Executive Board Concludes 2015 Article IV Consultation with Malawi

On December 11, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation1with Malawi. Bold economic reforms undertaken in mid-2012, namely the devaluation of the currency, the adoption of a floating exchange rate regime, the liberalization of foreign exchange markets, and the introduction of an automatic fuel price adjustment […]