MAIIC has a specific development focus. It is mandated to support commercially viable investments in the public and private sectors of the economy to consolidate and promote growth, productivity, employment, wealth creation and broad-based economic development.
To support commercially viable investments in the public and private sectors of the economy to consolidate and promote growth, productivity, employment, wealth creation and broad-based economic development.
Multilateral and bilateral DFIs often use national DFIs as financial intermediaries for long-term finance, as well as for the allocation and disbursement of development grants. MAIIC is ideally placed to fulfil this role within Malawi.
MAIIC is specifically geared towards supporting underserved industries as well as nascent industries/firms until they mature or generate a track record that render them eligible for financing by commercial banks and other financiers.
MAIIC is designed to identify, manage, mitigate risks to enable the private sector financial institutions to finance projects and new businesses. This enables it to be a catalyst for the creation and development of competitive and commercially sustainable industries.