03/08/2026
Mining Minister calls for stronger local investing in mining
Minister of Mining, Honourable Thoko Tembo, MP, has emphasized the need for stronger partnerships between Government and the private sector, describing investment as a critical pillar in unlocking Malawi's mining potential and driving the country's economic transformation.
Speaking during an engagement meeting with NICO Group, Honourable Tembo said the mining sector cannot thrive without investment, noting that local investors have a vital role to play in developing the industry.
"As a country, we cannot talk about mining without talking about investment because investors are a key pillar of the sector. Mining is capital intensive, and investment is crucial to the growth of the industry," said Tembo.
The Minister said Government is committed to working with strategic partners to ensure the mining sector delivers benefits for all stakeholders.
"We should partner and ensure that we move forward together to achieve the dreams of the sector so that everyone benefits, the Government, Malawians and the private sector," he said.
During the meeting, NICO Group Managing Director, Vizenge Kumwenda, made a presentation reaffirming the Group's commitment to supporting the Government's development agenda through strategic investments and partnerships.
He also outlined the Group's financial capacity to support transformative mining projects aligned with the Malawi 2063 Agenda.
The engagement underscores the Ministry of Mining's commitment to fostering strategic partnerships with local investors to promote value addition, mobilise investment and accelerate the sustainable development of Malawi's mining sector.
Ministry of Mining-Malawi
Federation of Artisanal and Small-Scale Mining in Malawi
Mining and Minerals Regulatory Authority
Mining Review Malawi
Malawi Women in Mining Association
Malawi Women in Mining - Central
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