President Chakwera spells out gains from USA – Nairobi Kenya trip

President Dr Lazarus McCarthy Chakwera says Malawi has benefitted tremendously from the US-Africa Business Summit which took place in Dallas, Texas, United States of America from 6 May this year.

Speaking after his arrival at Kamuzu International Airport Chakwera said Malawi is a blessed nation having benefited from the Millennium Challenge Corporation (MCA).

Chakwera said was happy to learn that Madam Alice Obright will be coming to Malawi to launch the project.

Chakwera also disclosed that investors will be coming in Malawi with many tractors to share with Malawians.

He said Malawi cannot develop if farmers continue doing farmers using hoes.

He said while in Kenya he also met Alliance for a Green Revolution in Africa (AGRA) officials. During this meeting AGRA pumped in US$45 million to help in promoting agricultural productivity, soil health, use of fertilizer and conservation in order to help the country produce enough thereby achieving food and nutrition security.

He said the funds, which would be made available to Malawi for a period of five years, was important as it targets value chains that would bring more money to Malawi.

The president said the country was not food and nutrition secure because soil nutrition has been depleted hence the need to put in place mechanisms for soil management and the funding secured would help achieve that.

Chairperson for AGRA, Hailemariam Desalegn Boshe said Malawi was endowed with huge natural resources hence the need for the country to depart from rain fed agriculture to irrigation in order to respond to climate change shocks.

President Chakwera, left Malawi on Friday 3 May , 2024 for the US-Africa Business Sumnit in Dallas, Texas, United States of America.

The summit took place from 6th to 7 May 2024, at the invitation of the US Government. The meeting provided an opportunity for Malawi to court foreign direct investments into Malawi’s economy and the post-disaster response plan that was launched few weeks at Kamuzu Palace in Lilongwe.