AGP Executive Report
Last update: a minute agoDigital Economy & Forex: Malawi’s ICT exports are already pulling in billions of kwacha, with industry leaders citing growth from about US$70m (2020) to US$154m (2023) as proof the sector can ease the foreign exchange squeeze. Banking Ambition: Standard Bank says it wants to become the largest bank in East Africa by 2030, aiming to double earnings and grow its client base across key markets including Malawi. Humanitarian Logistics Training: DHL Group launched the DHL Academy of Humanitarian Logistics (DAHL) to train nonprofit and humanitarian actors in customs, dangerous goods handling, packaging and safety. Transport Costs Bite: Transporters warn that rising fuel, maintenance, insurance, tolls, compliance and FX costs are outpacing haulage rates, pushing up prices of goods. Agri Diversification: Windmill plans to pivot from fertiliser into a diversified regional agribusiness platform, targeting higher-value inputs and expansion across Malawi, Zambia and Mozambique. Health & Pharma Policy: Malawi’s government moves to impose import tariffs up to 25% on selected medicines, aiming to boost local manufacturing but raising fears of higher drug prices. Environment Warning: A new national environment report warns Malawi is on a damaging path of forest loss, soil degradation and worsening climate shocks. Rare Earths Momentum: AuKing says new airborne surveys at Tundulu in Malawi point to a much larger carbonatite system, with a major drilling push underway while licence transfer review continues. US Support for Health: The US pledged up to $792m for Malawi’s health sector over five years, building on earlier cooperation. Education Infrastructure: Let’s Build Foundation constructed classroom blocks and sanitation facilities in Dowa District to improve access to quality secondary education.
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