The day-long UK-Africa Investment Summit which was held on Monday 20th January 2020 in London, United Kingdom (UK) is expected to strengthen UK’s partnerships with African Countries to create jobs and boost mutual prosperity.

President Peter Mutharika is among the 21 African Presidents participating at the summit where the Malawi Government has identified various projects to be marketed to the UK through the Malawi Investment Forum.

The meeting which was hosted by the UK Prime Minister Boris Johnson, is also aimed at accelerating Africa’s access to UK’s expertise and innovation in technology, clean energy, infrastructure and finance for sustainable growth.

One of the deals is for the UK to provide expertise and experience to help Africa transition towards renewable and sustainable forms of clean energy.
Commenting on the energy production in rural areas, Minister of Local Government and Rural Development Ben Phiri said in an interview after the opening of the summit that Malawi needs to find ways of investment opportunities across Africa.

It supports job creation on the continent and Africa’s economic development to build a strong partnership between the UK and African nations for prosperity.

The summit involved a number of sessions with speakers from governments and businesses from the UK and Africa and it was the first time governments and businesses from UK and Africa have come together for that purpose.

Deals worth billions of pounds have been announced which will drive jobs and growths in all parts of UK and Africa.