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MAIIC actively participated in the annual Agriculture Productivity and Commercialization Conference

His Excellency Dr. Lazarus Chakwera, Vice President Dr. Saulos Chilima, and Hon. Simplex Chithyola, MP, Mr. Chisomo Zamadunga from MAIIC. On August 31, 2023, MAIIC actively participated in the annual Agriculture Productivity and Commercialization Conference as one of the local Development Finance Institutions (DFIs), demonstrating its commitment to supporting the initiative of agricultural diversification in...

MAIIC participates in the Export Credit Finance Training

A group photo of the gathering on the first day. From 29thto 31st August 2023, MAIIC actively participated alongside other local Development Finance Institutions (DFIs) in organizing the Export Credit Finance Training held in Lilongwe. The primary objective was to enhance and bolster the country’s export base.

Investment Corporation Eyes Double Profit

The Malawi Agriculture and Industrial Investment Corporation (Maiic) has revealed that the company is poised to record a 100 percent profit jump to over K1 billion this year. This comes at a time the firm has maintained an upward trajectory in its profitability, having recorded a K718 million profit-after-tax at the end of the third...

Local firms get financiers’ nod

Malawi Agricultural Industrial and Investment Corporation (MAIIC) has pledged to finance entrepreneurs to boost their businesses, saying they have strategies in place to assist them. MAIIC managing director Taz Chaponda made the pledge on Wednesday in Lilongwe during the launch of a two-day Access to Entrepreneurship Financing Workshop organised by National Planning Commission (NPC) and...

Agra unveils Malawi Agribusiness Room

The Alliance for Green Revolution in Africa (Agra) has launched the Malawi Agribusiness Deal Room under the African Green Revolution Forum 2021. The Agribusiness Deal Room is Africa’s matchmaking platform at the African Green Revolution Forum (AGRF) for catalysing investment into African agriculture. The room supports enterprises and governments through a combination of in-country project...

Agro transformation needs K5 trillion financing—Agra

The Alliance for Green Revolution in Africa (Agra) says Malawi needs about $6 billion (about K4.8 trillion) annually to realise quick agricultural transformation for economic growth. The revelation follows the introduction and launch of the Agribusiness Deal Room on Wednesday in Lilongwe, which is Africa’s premier matchmaking platform for the coming African Green Revolution Forum...

MAIIC Posts MK280 Million Profit

The Malawi Agriculture and Industrial Investment Corporation (MAIIC) plc saw its net profit for the year ended December 31, 2020 at MK280 million after registering a loss of MK431 million in 2019. This is according to a financial statement the firm published yesterday. Notably, most of the players in the financial services sector registered profitability...