Malawi courts United Arab Emirate investors

A 43-member Malawian business delegation is in the United Arab Emirate (UAE) to explore investment opportunities.

The delegation, which left Malawi at the weekend, is being led by Information, Tourism and Culture Minister Khondwani Nankhumwa.

The Malawian businesspersons are expected to hold meetings with business officials in Dubai on Monday and Tuesday during the visit organised by the Malawi Investment and Trade Council (MITC).

MITC chief executive Clement Kumbemba said the purpose of the visit was to explore markets for Malawian products and to court UAE companies to invest in the southern African country.

“We are going to UAE to find markets for goods and services manufactured in Malawi,” Kumbemba told The Nation daily.

The Malawian delegation comprises representatives of companies in the financial services, agro-industrial, mining and tourism sectors.