Olusegun Obasanjo on investment mission in Malawi: Meet APM

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Former Nigerian president General Olusegun Obasanjo is in Malawi on a trade and investment mission.

Mutharika and Obasanjo at Kamuzu Palace on Monday Mutharika and Obasanjo at Kamuzu Palace on Monday
20
June


Obasanjo is currently Chairperson for Brenthurst Foundation, a South African based think-tank that was established to fund African development, and to organize conferences on African competitiveness.


The Brenthurst Foundation was also created to support the Brenthurst Initiative, which was designed to instigate a debate in South Africa around policy strategies to achieve higher rates of economic expansion.


Today the Foundation now has a wider African focus and aims to find ways to draw the investment needed for continental regeneration and prosperity. The organization intends to make a worthwhile contribution to economic growth in Africa by creating an environment conducive to positive economic change in order to strengthen the importance of Africa in the global market.


While in Malawi, Obasanjo and his team, which included Greg Mills- the former National Director of the South African Institute of International Affairs, visited a number of areas that have tourism potentials.


And on Monday, Obasanjo and the team met President Peter Mutharika at Kamuzu Palace in Lilongwe.


Welcoming Obasanjo, Mutharika said he personally invited the former Nigerian leader to Malawi because he believes he can make a significant contribution to the country.


Mutharika seized the moment to commend Obasanjo for carrying the African flag of promoting investments on the continent.


“Every time you and I meet, we discuss trade, investments and growth. This is the path Africa should take. And I am glad we share a common mind on pursuing this path,” said Mutharika.


The Malawi leader told Obasanjo that the country has a lot of precious minerals and that once the country has increased its power generation capacity, it will go full-throttle large scale exploitation.


“Apart from minerals, we have also opened investment opportunities in agro-processing, manufacturing, tourism and many more areas. I am sure your team has seen a lot more opportunities as they visited our country,” he said.

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