Malawi, just like the rest of Africa is not poor, President Peter Mutharika told the audience during his address to the Oxford Union in England on Friday.
“Every year, Sub-Sahara Africa alone receives about $134 billion in loans and development aid. But, $192 billion is taken out back to developed countries. We have the resources, but what we lack are the skills for turning our assets into capital,” said Mutharika.
He said for Africa to develop, it needs an education system that empowers the majority of the people beyond the classroom.
Mutharika went to England after delivering a keynote address at the European Development Days event in Brussels, Belgium on Wednesday. In the picture,the President and Michael Li, Oxford Union president