With tourists slow to return, Malawi looks to complementary alternatives to tide tourism-reliant communities over, including soft loans, business capacity development, and agricultural enrichment projects
DURBAN, South Africa, July 5, 2022/APO Group/ —
“People who live around Kasungu National Park depend on tourism and agriculture. The onset of the COVID-19 pandemic killed tourism and disrupted rural markets. It was a tragedy for many local people.”
These observations on the effects of the pandemic around Kasungu National Park in Malawi by Malidadi Langa, the chair of the Kasungu Wildlife Conservation for Community Development Association (KAWICCODA), were mirrored elsewhere in the country and on the African continent as travel restrictions to prevent the spread of COVID-19 disrupted local and international tourism and trade in 2020 and 2021
Agriculture was a common alternative livelihood strategy for rural Malawians. Photo credit: Dianne Tipping-Woods for Africa Nature Based Tourism Platform
“Even before COVID-19, tourism wasn’t a silver bullet for poverty reduction. It’s not like these communities were suddenly wealthy from tourism. Many were already struggling,” said Langa, explaining that the small-scale operators participating in the tourism value chain before the pandemic didn’t have the savings to weather the effects of prolonged business interruptions.
“The impact was widespread. People who sell curios, supply produce, and work in lodges suddenly had no income, sometimes not even to buy food for that day. There were tour guides who had to become fishermen. Men and women were cutting trees for charcoal. People were desperate,” said Brighten Ndawala from the Mangochi–Salima Lake Park Association (MASALAPA). The association helps manage the sharing of revenues generated by Lake Malawi National Park with communities living within the park boundaries.
“Eating our assets”
Franciwell Phiri, Managing Director at Small Steps Adventure Tours in Malawi, said, “We almost collapsed as a business. From 10 staff, we were left with three guides who were only paid from activity to activity.” His company also relied heavily on local freelance guides around Malawi, whom they trained and paid per tour “so that they could earn a living from the attractions they and their communities help protect. And wherever we went, we supported the communities by buying their food and produce. We also offered home stays in villages, where guests participate in life as it happens, and communities – especially women – can earn much-needed revenues.”
The travel company struggled with refunds and paying back deposits for cancellations, with Phiri describing borrowing money in Malawi as “impossible” given high-interest rates. “We were eating our assets. We sold and lost things like our own vehicles that we’d worked to pay off over the last 10 years. The scars are deep, and it will take a long time to heal,” said Phiri, who stayed afloat by offering special rates to local travellers and using his knowledge of Malawi’s rich cultural heritage to give presentations and lectures to businesses to bring in small amounts of money.
“We need to get equipment back so we can compete in the market again. Our only hope is for organisations that want to support SMEs. We are happy to pay back loans. We just need favourable terms,” said Phiri.
Agriculture was a common alternative livelihood strategy for rural Malawians. Photo credit: Dianne Tipping-Woods for Africa Nature Based Tourism Platform
COVID-19 impacts
In the decade before 2020, international tourism to Malawi was steadily increasing. In 2019, the total contribution of the travel and tourism sector to the country’s GDP was 6.7%, and the sector provided close to 516,200 jobs. But when COVID-19 hit in 2020, tourism’s total contribution to the GDP dropped to 3.2%, with a loss of 167,000 jobs in the travel and tourism sector.
“This is massive. A third of the country’s jobs in this sector were lost, affecting over half a million people who rely on tourism to meet their daily needs,” said WWF’s Nikhil Advani. He is the project manager for the Africa Nature-Based Tourism Platform (www.NatureBasedTourism.Africa), which interviewed 50 tourism-related enterprises in Malawi in the months following the pandemic’s start. According to the data collected (https://bit.ly/3NI2ijk), none could sustain operations at pre-pandemic levels without urgent funds. “Most stated that they would prefer these funds in the form of soft loans or grants, but the preference for the form of financial support was secondary to how urgently it was required,” noted Advani.
The African Nature-Based Tourism Platform
Launched in 2021 with $1.9 million from the Global Environment Facility (GEF), the platform is working with local partners in Malawi and 10 other countries to mobilise at least US$15 million in funding to support the most vulnerable COVID-19 affected communities living in and around protected areas and involved in nature-based tourism. KAWICCODA is the African Nature-Based platform’s partner in Malawi, a country with many natural attractions, like Lake Malawi, national parks, and cultural and historical attractions.
“After completing the data collection phase, the African Nature-Based Tourism Platform also supported KAWICCODA to prepare and submit a funding proposal to the BIOPAMA Medium Grants Facility for an Alternative Livelihoods Project as a direct response to the COVID-19 related collapse of tourism around Kasungu National Park. Whether KAWICCODA is awarded the grant or not, the proposal development process itself was a rare and important learning experience for which KAWICCODA remains grateful to the Platform,” said Langa.
Snares are used to capture wildlife for bushmeat in some rural communities. Photo credit: Dianne Tipping-Woods for Africa Nature Based Tourism Platform
A slow recovery
African Nature-Based Tourism Platform also supported KAWICCODA to prepare and submit a funding proposal to the BIOPAMA Medium Grants Facility for an Alternative Livelihoods Project
Although Malawi lifted most travel restrictions – as from 1 June 2022, travellers can enter Malawi with either a vaccination certificate or a negative PCR test – travellers have been slow to return, says Ndwala, who estimates that recent arrivals to Lake Malawi National Park are still at least 80% lower than pre-pandemic.
“I think the big learning point is that most people involved in tourism depended 100% on tourism, and the possibility of it collapsing was not considered, so people were unprepared. Tourism-reliant communities need help making their operations more robust and establishing alternative businesses that can complement tourism. It’s not just about the money. It’s about planning and financial management skills,” said Ndawala.
Nearly 50% of the land in Malawi is already used for agriculture. Still, these markets were also affected by the pandemic, and rural communities had few options to generate revenue to buy food and pay school fees. “Anecdotally, the pandemic did seem to worsen tension between the protected areas and the community. Encroachment and poaching were a natural reaction because people turned to nature to get something from which they could get money or food as soon as possible to survive,” he said.
Malawi is known for its charcoal production, which drives deforestation, as rural people produce bags of burnt wood to sell along the road to truckers to earn a living. And though the World Bank (https://bit.ly/3P2NzR4) provided US$86 million toward financial support for small and medium enterprises in Malawi in September 2020, those funds only served to alleviate immediate strains caused by the pandemic, and further support is now required (World Bank, 2020).
Staving off hunger
Of the 50 enterprises surveyed in Malawi, nearly every one indicated an interest in one or more food production methods as an alternative source of revenue to tourism. Most enterprises were interested in beekeeping, fruit juice production, and raising guinea fowl. A number also mentioned mushroom production and the sale of tree seedlings.
“These communities already do several things: farming maize, ground nuts and soya, and beekeeping. With assistance, they can be self-sustaining, says Ndawala, who believes they fall short because they “sell the raw crops and make very little. Adding value to these crops could make a real difference. Ground nuts could be made into peanut butter. Soya can produce milk.”
According to Matias Elisa, who worked as community extension manager for Kasungu National Park during the pandemic, climate change is also affecting agriculture-reliant communities who are forced to either poach or encroach on the park to survive. With starvation a real threat to people living in remote and rural areas, he believes recovery efforts should focus on helping people to stand on their own.
“What we’re trying to achieve with the African Nature-Based Tourism Platform is resilience to future shocks, be they from pandemics, or climate change or disasters of any nature,” says Advani, who hopes that funders will see the potential in supporting the most vulnerable in livelihoods that are also good for nature.
Empowering women
Women are especially vulnerable. According to a December 2021 World Bank publication on unlocking Malawi’s economic growth by bridging the widening gender gaps in the labour workforce, around 59% of employed women and 44% of employed men are working in agriculture, which is the largest employment sector in Malawi. Fields managed by men produce an average of 25% higher yields than those managed by women. And female wage workers earn 64 cents (512 Malawi kwacha) for every dollar (≈800 Malawi kwacha) earned by men.
A presentation by Jessica Kampanje-Phiri, (PhD), from Lilongwe University of Agriculture and Natural Resources, and Joyce Njoloma, (PhD), from World Agroforestry (ICRAF) in Malawi, emphasised the need to diversify women’s livelihood options. They were attending a side event at the NGO Forum of the Commission on the Status of Women (CSW66) 2022, about empowering women in the green economic recovery from COVID-19. They noted that the gender gap in agricultural productivity is due to women having unequal use of land, lower access to farm labour and inferior access to improved agricultural inputs and technology. And that despite “growing recognition of the differential vulnerabilities as well as the unique experiences and skills women and men bring to development and environmental sustainability efforts, women are still less able to cope with – and are more exposed to – the adverse effects of the changing climate and pandemics such as COVID-19.”
Rights-based recovery
The country’s National Wildlife Act ensures peoples’ rights to benefit from tourism and conservation; Langa believes that with the proper support, including aggressive advocacy from community organisations like KAWICCODA, Malawians – including women – will find ways for community-based natural resource management to better their lives. As Chairperson of the National CBNRM Forum, Langa represents Malawi Community Based Natural Resource Management associations in the Southern Africa Community Leaders Network (CLN), which advocates for community rights.
“The first step is to get local communities empowered and defend the gains we have made in conservation in our protected areas,” he said. This includes ensuring tourism revenues improve the well-being of local communities and promote local tourism in the domestic market while establishing complementary businesses that are nature-compatible. As well as revenue and benefit-sharing, there are other challenges around human-wildlife conflict, access to resources within the parks, and approaches to law enforcement that also need to be addressed.
“Throughout southern Africa, we now have a small window of opportunity for people to rethink their strategies and recapitalise their businesses. Thanks to initiatives like the African Nature-Based Tourism Platform, there is a feeling of hope that we can have something better than before with the right support. We shouldn’t squander that,” he says.
Distributed by APO Group on behalf of The African Nature Based Tourism Platform.
Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027
BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.
What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.
Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.
Policy Reform Is De-Risking Investment
Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.
Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.
A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.
The Projects Driving the Next Cycle
Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.
Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.
Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.
While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.
Local Content Is Reshaping Investment Terms
Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.
Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.
At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.
As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.
Distributed by APO Group on behalf of Energy Capital & Power.
Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications
The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event
CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.
The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.
We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication
The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.
The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.
Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”
Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.
For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.
Distributed by APO Group on behalf of Afreximbank.
In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million
BAKU, Azerbaijan, June 23, 2026/APO Group/ —
The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.
The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.
In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.
Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.
I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem
The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.
Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.
Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.
The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.
Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.