President Banda courts British investors, meets Baroness Chalker
President Joyce Banda has shared her investment vision for Malawi and invited British private sector to come and invest in the country.
The Malawi leader held a two hour meeting on Wednesday with potential British investors at the Royal Over-Seas League Club House in London which was convened by renowned British politician Baroness Lynda Chalker.
Baroness Chalker hosted the State President and the British investors as Chairperson of Africa Matters Limited (AML), an independent consultancy which provides advice and assistance to companies initiating, developing, or growing their activities in Africa.
AML’s aim is to assist businesses to improve their performance in Africa as well as building closer relationships between the private and public sector, with a view to creating strong, meaningful, and sustainable partnerships.
Baroness Chalker later after the meeting briefed the media saying the discussions had accorded British potential investors to Malawi to appreciate investment opportunities in the Southern African country.
“The meeting accorded President Banda an opportunity to meet business people who have an interest to invest in Malawi already and some who want to develop interest in Malawi,” said Baroness Chalker.
She described the meeting as a positive one as the British investors were also able to appreciate the priorities that President Banda had set up for improving and attracting investment into Malawi.
“We have discussed good ideas about investment opportunities in Malawi and now what is left is to make concrete follow ups,” said Baroness Chalker.
The veteran British politician, pledged to get AML involved in Malawi “ for the simple reason that we believe we now have a government with which we can work and that can actually respond to needs for change to make it easier for businesses to operate and create jobs and benefit the people of Malawi.”
AML under the leadership of Baroness Chalker has in the past 14 years worked to promote responsible investment in Africa whereby partnerships among governments, multi nationals, local companies and non-governmental organisations to ensure that private sector investment plays a constructive role in driving African development.
Baroness Chalker has been a member of the Lower and Upper Houses of the UK Parliament for over thirty five years and between 1986 and 1997 she was Minister of State at the Foreign and Commonwealth Office, holding responsibility for Africa and the Commonwealth and for Overseas Development.
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