20 Malawian businesses at Africa Investment summit in London: Mlombwa to make presentations

Business magnate Mike Mlombwa, who is also the president of Indigenous Businesses Association Malawi (IBAM), is among 26 business people scheduled to present and market their project proposals at this year’s Global African Investment Summit (GAIS) in London, UK from December 1 2015.

Mlombwa, owner of Countrywide Group, will speak to the international audience about his companies–Countrywide Car Hire and Countrywide Hotels– at Robert Perks room on Wednesday, December 2, according to GAIS’ country-focus programme seen by Nyasa Times.

Major activities at the Global African Investment summit, to be held at Central Hall, Westminister, include business seminars and business to business talks dwelling on several sectors such as agriculture, financial services, gas, power infrastructure and capital markets, among others.

The summit will bring together Heads of government, senior ministers and business captains form across the globe to discuss business opportunities and policies.

Delegates scheduled to make five-minute presentations with facilitation during Infrastructure, Energy and Mining session are Malawi Energy Regulatory Authority (Mera), Mkango Resources, Mchenga Coal, Bwanje Cement, Savanna Industries Limited, Lilongwe Water Board (three projects) and Malawi Housing Corporations (MHC).

During Agri-business and Manufacturing session it will be Universal Industries (two projects), Nkhotakota Milling Company, Press Corporation and Invegrow, Kingstin Manufacturing, Limphasa Sugar, Mtalimanja Holdings Rays Construction, Moringa Miracles, Green Ekaz Investment, African Center for Citizenship (AICC), Mpatsa Holdings (three projects), Afri-seed and Dairy Fresh.

Appearing on Tourism and Financial Services session are Standard Bank, Economics Association Malawi, Chilembwe Lodge, Country Wide Car Hire and Country Wide Hotels.

Speaking in an interview Friday, Mlombwa said the Summit will provide a good opportunity to Malawian businesses to market their projects to international audiences.

“Am going there to market my businesses and proposals for my two hotels in Blantyre. I always say Malawi has got vast business opportunities with some requiring stronger partnership to pursue.

“I will also learn one or two things from other business captains and the global business community at large. We need to learn from others so that Malawi–with good and enabling policies– should be able to create billionaires,” said Mlombwa.

While Malawi Investment and Trade Center (MITC) Chief Executive Officer Clement Kumbemba hailed Malawian businesses for deciding to participate at this year’s Summit and said they will help market their project proposals to a global audience.

Kumbemba said apart from providing a platform to showcase investment opportunities to the global business community, the Summit will also provide an opportunity to influence on global trade and investment issues.

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