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Home Business Business News

Namibian business tycoon to invest in aviation industry

by Malawi News Agency
08/01/2014
in Business News, Front Page
2 min read
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Malawians are waiting for the resumption of flights under Malawian Airlines Limited
Malawians are waiting for the resumption of flights under Malawian Airlines Limited

A United States-based Namibian business tycoon Brian Nalisa has expressed interest to invest in airline business in Malawi to provide direct flights between Lilongwe and some European countries.

Currently, Malawi does not have any direct flights to and from Europe since British Airways stopped its flights more than a decade ago.

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Nalisa told the Malawi News Agency (Mana) in an interview that Malawi has the potential to grow economically if given enough exposure.

“Since I was born, I never knew Malawi but my coming has given me an opportunity to see where it is lacking and what is available for investors. More international investment would create employment and growth for the economy,” he said.

Nalisa said it for this reason that he feels a direct international flight straight from Kamuzu International Airport (KIA) to Europe or the United States of America would be the best investment he can offer Malawi given the opportunity to assess the business environment.

He said Malawi needs to market itself to the international world so that there is more investment that would boost the economy.

“I have a lot of plans and I had lots of discussions with people. We have seen a lot of potential and we are about to take a tour just to see areas that need investment,” said Nalisa.

The entrepreneur has investments in the tourism, mining, manufacturing and transport sectors including airline business in some African countries such as Namibia, South Africa and Kenya.

Malawi’s aviation industry is not fully exploited but experts have argued that it has the potential to grow.

Meanwhile, Malawians are this year waiting with bated breath the resumption of national flag carrier flights by Malawian Airlines Limited formerly Air Malawi Limited, which is in partnership with Ethiopian Airlines.

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