Lilongwe, Malawi – LifeCo, a number one monetary providers supplier, is happy to announce the Financial Empowerment Summit 2024, an occasion devoted to supporting the Reserve Bank of Malawi’s monetary literacy initiatives.

The summit, scheduled for November 7, 2024, at Sunbird Lilongwe from 8:30 am to 12:30 pm, underscores LifeCo’s dedication to enhancing monetary literacy amongst Malawians.

Themed “Exploring Practical Solutions to the Financial Challenges Facing Small and Medium-Sized Enterprises in Malawi,” the summit goals to handle the monetary hurdles confronted by small and medium enterprises (SMEs), the cornerstone of Malawi’s economic system.

These companies drive job creation, spur innovation, and gasoline sustainable financial development, but they usually battle with restricted entry to capital, monetary literacy, and sustainability.

Zacheus Nyirenda, Pensions Manager at LifeCo, acknowledged, “We are committed to enhancing financial literacy among Malawians, enabling them to leverage financial services for economic resilience. This summit is a crucial step towards achieving this goal.”

The occasion will characteristic an esteemed panel of audio system, together with Dr. Bertha Chikadza, President of the Economics Association of Malawi (ECAMA), and Dr. Sera Gondwe from LUANAR.

Their displays will provide key insights and sensible methods to assist Malawian SMEs thrive in a difficult financial atmosphere.

The summit may also introduce LifeCo’s portfolio of options in life insurance coverage, pension, and asset administration, designed to equip SMEs with instruments for monetary resilience and enterprise development.

Students from Lilongwe enterprise faculties have been invited to attend, gaining helpful insights into monetary administration and sensible data for his or her future careers.

This interplay goals to counterpoint their views on private {and professional} monetary well being whereas fostering a tradition of economic empowerment among the many subsequent technology.

This summit displays LifeCo’s alignment with Malawi’s nationwide monetary literacy objectives.

Through initiatives like this, in addition to different workshops and group applications, LifeCo is working to make monetary literacy and accessible monetary planning instruments foundational for all Malawians.

The Financial Empowerment Summit is the primary of a sequence below this theme, with extra periods deliberate for the approaching yr.

These future occasions will usher in business specialists to interact with entrepreneurs and college students throughout varied sectors, reinforcing LifeCo’s mission to advertise trendy monetary options inside our communities and nation.