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Standard Bank hosts economic forum

 

Standard Bank in partnership with United Nations Children’s Fund (Unicef) and the Government of Malawi plans to host the first ever Malawi Socio-Economic Forum next Tuesday in Lilongwe.

The forum will focus on the potential of the Malawi youth market and bring customers closer to the market’s opportunities, according to Standard Bank head of marketing Thoko Unyolo.

The theme for the forum is Youth Entrepreneurship: Creating Opportunities to Build Mother Malawi.

Unyolo in a statement yesterday said hosting the forum underscores the Malawi Stock Exchange (MSE)-listed bank’s stature as the largest African bank by assets.

She said the forum will provide business leaders with information on economic insights in Africa, Southern African Development Community (Sadc) and Malawi.

On the same day, the United Nations in collaboration with the Ministry of Labour, Youth, Sports and Manpower Development will release key findings of the Malawi Adolescents and Youth Status Report for 2016 and population growth trends.

“Malawian businesses need a partner that understands emerging markets but also has continental banking experience to make progress real,” said Unyolo.

“When we say Africa is our home and that we drive her growth, it is our responsibility to extend ourselves beyond just banking, we must add value by providing exposure, information and our expertise to our clients to foster an environment that facilitates their growth and success.”

Unicef Malawi representative Johannes Wedenig is quoted as having said that Malawi has one of the youngest populations in Africa.

“Investing in children is investing in Malawi’s future. Partnerships with the Government of Malawi and Standard Bank are key to ensuring that the rights of all Malawi’s children are realised,” she said.

Participants at the forum will have the opportunity to network with like-minded people, policy makers, UN and government officials as well as be in a position to assess for themselves the underlying potential in youth and how to navigate the challenges they face in entrepreneurship strides.

 

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