Reserve Bank of Malawi Applauded for Empowering Women-Led MSMEs

• RBM earns praise for spearheading help for women-led Micro, Small, and Medium Enterprises (MSMEs) in Malawi
• Initiatives cognizance on enhancing get admission to credit and improving economic literacy for girl’s marketers
• RBM’s projects goal to create a greater inclusive monetary surroundings for women-led groups

The Reserve Bank of Malawi (RBM) is earning considerable reputation for its commitment to empowering girls-led Micro, Small, and Medium Enterprises (MSMEs), with numerous impactful initiatives centered on enhancing get entry to credit and improving economic literacy.

Under the management of Governor Dr. McDonald Mafuta Mwale, RBM is operating to uplift women entrepreneurs—who form the spine of Malawi’s enterprise panorama—thru centered help and strategic partnerships.

This week, delegates from across Africa accumulated at the Bingu International Conference Centre (BICC) in Lilongwe for a Joint Learning Program workshop organized by RBM in collaboration with the Alliance for Financial Inclusion (AFI). The program targets to share crucial bank-led techniques for selling ladies’ economic inclusion. RBM Deputy Governor Dr. Kisu Simwaka defined the occasion as a “name to motion,” highlighting that girl’s marketers are “catalysts for progress” and need the proper equipment to thrive.

Malawi is home to over 1.6 million MSMEs, 74 percent of that is micro-corporations. However, handiest 1 percent of ladies-led businesses develop into medium-sized corporations, facing demanding situations which includes restricted credit access, low economic literacy, and lack of collateral. To cope with these obstacles, RBM has released numerous initiatives: the Dzukani Financial Literacy Program (attaining almost 19,000 MSMEs in 2024, 67 percent ladies-led), a Digital Financial Inclusion Campaign, credit infrastructure enhancements with IFC, and a Gender-Inclusive Finance Roadmap. A national awareness campaign on credit rankings and movable collateral also began in January 2025.

AFI's Audrey Hove praised RBM’s leadership, calling it a version for inclusive economic development throughout Africa.