Ecobank Malawi and GIZ have drilled entrepreneurs in business management skills to expand their operations and seize opportunities within the African Continental Free Trade Area.
George Phuza, Ecobank’s Head of Commercial Banking, said this comes upon realisation that small-scale businesses are crucial to Malawi’s economic growth, forex generation, and exportation of products.
“The Business Clinic aims to provide entrepreneurs with the resources and guidance needed for them to thrive,” Phuza said.
At the event, Northeast Foods Limited Chief Executive Officer, Kettie Chisambi, shared her experiences in exporting products within Africa and beyond.
“Despite the challenges encountered in exporting products, including logistics and regulatory hurdles, there is vast potential for Malawian SMEs to capitalise on the high demand for food products within Africa and globally,” Chisambi said.
The SME Business Clinic also showcased The Ecobank Single Market Trade Hub, a cutting-edge digital platform that serves as an exchange and information repository, designed to respond to the evolving trading needs of SMEs and corporates within Africa’s single market.
Patrick Dambula
