Six small and medium enterprises (SMEs) are expected to list on the Malawi Stock Exchange (MSE) in October this year following their participation in the on-going Mzinga incubation programme.
This came out during workshop on the programme held in Blantyre on Friday.
The workshop is part of a series of capacity building sessions for SMEs.
MSE Chief Executive Officer John Kamanga said capital markets could play a critical role in providing SMEs with alternative financing options beyond traditional banking.
“SMEs are the heartbeat of our economy. They create jobs, foster innovation and drive inclusive growth. However, one of the most persistent challenges they face is access to long-term affordable financing which we seek to address.
“We have been on this journey together for some time now and I’m pleased to see these companies making significant progress toward their listing goals,” Kamanga said.
The initiative focuses on the EDGEx platform, a dedicated SME listing segment on the Malawi Stock Exchange, which has been designed with simplified requirements to make public listing more accessible to smaller businesses.
MSE Chief Operating Officer Kelline Kondowe said the approach included hands-on technical assistance to guide businesses through the listing process.
“Listing on the exchange— especially through a dedicated SME platform—such as EDGEx opens new frontiers for capital raising. It provides SMEs with access to patient capital, enhances their visibility, strengthens governance and builds investor confidence. We are not just providing a platform; we are providing a partnership for growth,” Kondowe said.
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