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Malawi
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Malawi is one of the COMESA member states participating in the testing of the new digital payments platform.
News published about Malawi
AllFinTechAgriTechArtificial Intelligence (AI)CleanTechCryptoE-commerceEdTech
COMESA bets on new payment system to reduce dollar reliance in Kenya, Ethiopia, Egypt
TechCabal - Oct 10, 2025
COMESA launched a Digital Retail Payments Platform to facilitate trade in local currencies. The platform aims to reduce transaction costs from an average of 8% to below 3%.
KenyaZambiaCOMESAMalawiEgypt
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Financial Services Platform Unveils Mobile Wallet for Malawi
IT News Africa - Oct 14, 2024
Launch of Mukuru Wallet in Malawi. Response to growing demand for digital financial services.
Reserve Bank of MalawiMike CookPride ChiwayaMalawiMukuru
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African Nations Struggle with Dollar Shortage as Investors Seek Secure Currencies
Startup Africa News - Nov 22, 2023
African governments are employing measures like barter agreements and seeking aid from the IMF and Middle East allies to address the shortage of hard currency. African currencies have depreciated over 15% against the dollar, making them the worst performers of the year.
AngolaKenyaMalawiEgyptNigeria
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