The Malawi Investment and Trade Center (MITC) has encouraged players in the energy sector to pitch during the Innovate UK Energy Catalyst Round 8, as potential investors ready to avail £21 million (about K19 billion) to successful pitches.

MITC Public Relations Manager, Deliby Chimbalu, hailed the platform as a great opportunity for Malawi to build business relationships internationally. Initially, Innovate UK was going to visit Malawi in July this year, but the visit has been postponed due to the Covid-19 pandemic. Meanwhile the platform will host pitches as a virtual market place; the Energy Catalyst Round 8 Virtual Marketplace website showed that out of the 238 that had registered; local firms are being called to participate in the opportunity.

Also according to the website, the aim of these webinars and virtual marketplace is to help organisations gain an understanding of the energy access issues in a particular country and develop equitable partnerships leading to a collaborative application for Energy Catalyst Round 8.

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