By Mana Reporter  

Texas, May 6, Mana: President, Dr Lazarus Chakwera has urged prospective investors in Texas to consider investing in Malawi to help the nation through meaningful investments rather than exploitation.

He said this during a Malawi-Texas business roundtable discussion aimed at courting possible partnerships and investments in various sectors, particularly those that align with the Agriculture, Tourism and Mining (ATM) strategy.

Chakwera assured prospective investors that they would receive full support and a conducive environment for smooth operations if they decide to invest in Malawi.

The President urged investors to consider Mega-farms instead of subsistence farming if they want to invest in agriculture, citing Malawi's abundant resources such as valleys and beautiful landscapes.

During the meeting, experts who accompanied the President, presented data, statistics and the market outlook in Malawi in agriculture, tourism, and mining, among other things, to a delegation of private sector players from Texas led by Founder and Chief Executive Officer for Time to Revive, Dr Kyle Lance Martin.

The Texas team presented their interests in Malawi and what they already do in America to the President.

Minister of Trade, Sosten Gwengwe, said that the US-Africa summit was a prime opportunity for Malawi to attract more investors and bolster its economic prospects.

"Even though Malawi already has collaborations with some American companies such as African Growth and Opportunity Act (AGOA) and Pyxus, the government is committed to attracting additional potential investors during the summit," he stated

 Gwengwe expressed confidence that Malawi would showcase what it has to offer in alignment with ATM strategy.