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Exim Bank Conclave to benefit Malawian private sector – MITC

June 29, 2023 / Wahard Betha
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The Malawi Investment and Trade Centre (MITC) says it is optimistic that the upcoming 17th CII Exim Bank conclave on India-Africa growth partnership exhibition scheduled to take place from July 19 to 20 July, 2022 in New Delhi, India, will benefit private sector companies in Malawi.

MITC says in a press statement that the 17th CII Exim Bank Conclave meeting aims at exchanging knowledge and expertise in business regarding export, trade, and investment.

Public Relations Manager for MITC Deliby Chimbalu has described the meeting as an important platform that can benefit private sector companies in Malawi.

Chimbalu has invited all private sector players to take part in the conclave as one way of selling their products and services to the outside world.

She said: “The Conclave on India and Africa is a great opportunity for our private sector companies to meet and forge business partnerships with other businesses in India and even those that will be attending from other countries.”

“You know over the years, the Conclave has increased the level of economic engagement between India and Africa and we envisage that this year’s event will create new opportunities for setting new partnerships between India and Africa hence our call to Malawi private sector to be part of this event.”

As a national investment and trade promotion and facilitation agency, MITC identifies, develops and packages investment opportunities in Malawi; provides a professional service to all clientele; brands and markets Malawi as an investment destination; retains and expands trade and export activities and links opportunities to the developmental needs of the Malawi community.

This year’s meeting is focusing on agriculture and food processing, power and energy, infrastructure development, and financial partnerships and will feature an exhibition of products and services from India and African companies.

The CII- EXIM Bank Conclave on India-Africa Project Partnership was launched in the year 2005 with the support of the Ministry of External Affairs and the Ministry of Commerce & Industry of the Government of India.

Over the last sixteen editions, the Conclave has played a pivotal role in encouraging Indian companies to establish and grow their footprints in Africa.

The level of economic engagement between India and Africa has grown multi-dimensional and to reflect the changing contours of this dynamic relationship, the Conclave is being rechristened as “CII EXIM Bank Conclave on India Africa Growth Partnership” expanding the earlier focus on “Project Partnership”.

The upcoming edition will focus on project exports, trade, investments, exchange of knowledge and expertise creating shared value for business and industry at large between India and Africa

Being the continental economic partnership, the conclave has not only set the ground for many new cross-border partnerships to take roots, but also conducted a critical evaluation of the existing collaborative arrangements on the basis of which a new roadmap for future Africa partnerships would be designed.

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