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Malawi exporter awards to increase local exports

March 01, 2023 / Wahard Betha

The newly launched Malawi Exporters Awards 2023 by the Ministry of Trade and Industry, in conjunction with the Malawi Investment and Trade Centre (MITC) is set to increase local exports by encouraging local companies to be exporting competitive products. 

Former Minister of Trade and Industry Mark Katsonga Phiri launched the Malawi Exporters Awards on January 12, 2023 in Lilongwe.

This year, the Malawi Exporters Awards 2023, has been scheduled to take place from March 29th to 30th, 2023, at the Bingu International Convention Centre in Lilongwe.

Commenting in a press statement, CEO for MITC Paul Kwengwere says the awards have been organized as a platform to sensitize the locals on the importance of increasing exports of Malawian made products, encouraging a culture of creating exports, as well as awarding best exporters in the country.

He said the winner’s selection process will comprise a detailed, well-planned criteria and the awards will include Best Non-traditional Exporter award, Best Female Exporter Award, Best Youth Exporter Award, Best Services Exporter Award as well as Best Financial Institution Award.

Kwengwere said: “Extending across industries and including both rural and urban presentation, the awards will serve as a celebration of the contribution exports have made to Malawi’s Gross Domestic Product (GDP) and forex earnings.”

“The event will comprise export awareness exhibitions which will provide a platform for B2B meetings and one on one B2G with Trade Support Institutions and Gala Dinner which will culminate to Exporter Awards Ceremony on the closing day.”

“MITC is therefore, calling upon local exporters and financial institutions, who are interested to be considered for the categories, including the Malawi Exporters of the Year Award, to visit our event website to fill out an application form and submit their information.”

MITC has just found a potential export market for rice in Gambia which was revealed during a virtual business meeting held between Malawian private sector and buyers from Gambia.

Speaking during the meeting, Finance and Economic Affairs Specialist and owner of Niro Company Ltd in Gambia, Sulayman Cham said they are ready to start importing rice from Malawi.

“Gambia requires 96,000 metric tons of rice per year based on its relatively low population. So we are ready to start importing from Malawi and we are mostly interested in buying 100% broken rice of any variety from Malawi because that is what is on demand,” Said Cham.

Commenting on the development, Kwengwere encouraged local exporters to explore this market opportunity in Gambia.

He said: “This is a great opportunity for those that are into rice production. As a trade facilitation agency we are more than ready to facilitate those that might be interested in exploring this opportunity in Gambia.”

“We are also told that apart from rice, Gambia is also interested in importing other commodities like Irish potatoes and onions from Malawi.”

“So we are still engaging the Ministry of Trade in Gambia on how best we can explore such export opportunities.”

Malawi’s trade engagement with Gambia is in line with the spirit of the African Continental Free Trade Area (AfCTA) which encourages economic integration to promote trade and investment in the region.

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