AfCFTA Malawi Forum

AfCFTA Malawi Forum Trade intellectual platform

An intellectuals platform to bridge information gap, provide insights, initiate crucial conversations, explore opportunities, identify and offer solutions to the implementation of the AfCFTA with a lens on MSMEs in Malawi

Value addition is the only way to address import substitution in Malawi under the AfCFTA Malawi Strategy 2021-2026 other...
11/01/2023

Value addition is the only way to address import substitution in Malawi under the AfCFTA Malawi Strategy 2021-2026 otherwise, this remains a broken promise.

Evidence shows that it's not easy for majority of SMEs in Malawi to access capital. With this background, how can financing to champion SMEs value addition agenda be accessed?

An analysis of Malawi export stakeholders' actions demonstrate a deep divide and self-undoing orientations: self-interes...
09/01/2023

An analysis of Malawi export stakeholders' actions demonstrate a deep divide and self-undoing orientations: self-interest in small and fragmented volumes and lack of productive coopetition. For Malawi to win in the AfCFTA, volume matters.

A push to adopt an ecosystem approach is the only voice of reason.

07/01/2023

Malawian SMEs must attract investors if they desire to compete on international markets. Unfortunately, as per the Malawi Finscope MSME Survey 2019 report, majority of them are not investor ready.

06/01/2023

International Monetary Fund (IMF) head Kristalina Georgieva has warned that one-third of the global economy will be in recession in 2023.

What possible effects would this have on the AfCFTA in general? How can SMEs position themselves during any possible recession as agents of AfCFTA implementation?

05/01/2023

Free movement of persons across national borders is one of the objectives of the AfCFTA

How are Malawi's professional bodies positioning themselves to address continental competitiveness of their members?

Institute of Chartered Accounts in Malawi - ICAM Economics Association of Malawi - ECAMA Malawi Law Society Institute of Bankers in Malawi - IOBM ICT Association of Malawi - ICTAM just to mention a few

04/01/2023

The main objective of the AfCFTA is to create a single market for goods and services, facilitate the free movement of persons and investments, and to lay a foundation for a Continental Customs Union.

AfCFTA is within the African Union (AU) Action Plan for Boosting Intra-Africa Trade and has the following action clusters:
1. Trade policies
2. Trade facilitation
3. Procedure capacity
4. Trade related infrastructure
5. Trade finance
6. Trade information
7. Factor market integration

If Malawi can work on the above action clusters, the AfCFTA Malawi Strategy 2021-2026 implementation will be a success

03/01/2023

The AfCFTA is a political project advanced by the African Union (AU). At play and behind the scenes, each country will use trade to attain a certain level of economic hegemony.

Malawi government must deliberately position itself accordingly because no country will babysit the other to achieve this level.

02/01/2023

Domestic credit to private sector (DCPS) refers to financial resources provided to the private sector by financial corporations, through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. In the world of international trade (like AfCFTA), value addition through industrialization, DCPS is a good indicator for Malawi to gauge how much investments it is getting from the private sector (especially SMEs) as financed by our banks

Banks play an important role in the evolution of gross domestic product in any economy. The private sector contributes a lot to the economic growth but for continuous investment must have access to finances. The source of funding could either be equity, debt or a mixture of the two.

How can we improve DCPS for Malawi's SMEs?

01/01/2023

Evidence has shown that empowered SMEs in Malawi are a sustainable gateway for successful AfCFTA implementation in Malawi.

Our team underwent a comprehensive capacity building program at ITC SME Trade Academy in 2022 and in 2023, our focus will be on acceleration for export ready SMEs using ITC approach customised to suit Malawi and AfCFTA context

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