Standard Bank has partnered the Economics Association of Malawi (Ecama) for this year’s annual general meeting by contributing K500,000 towards the event planned for November.
The bank’s Head of Investment Banking Shakil Satar said the bank’s partnership is in support of the discourse on agriculture transformation which the Ecama conference will discuss under the theme; “Agricultural Transformation and Value Chain Development for Sustainable Development.”
“The theme resonates with us as we have been backing the country’s agricultural sector by providing structured trade finance aimed at supporting primary production, agro-processing, value addition and export finance,” said Satar.
He said while agriculture remains the backbone of Malawi’s economy, the sector has faced its fair share of challenges which require the attention of stakeholders during the Ecama conference.
“Key amongst these challenges are climate change, quality control, financing and availability of hedging products. This conference therefore presents an opportunity for economists and other stakeholders to debate an issue that is relevant, timely and at the heart of every Malawian,” said the Investment Banking Head.
Ecama President Henry Kachaje received a symbolic cheque of K500,000 on behalf of the economists body on Wednesday in Blantyre
This year’s Economic General Conference, which will be opened by His Excellency the State President Professor Arthur Peter Mutharika is scheduled for November 13-14 in Mangochi.
