5 Startups In Malawi To Keep An Eye On

Malawi, described as the “Warm Heart of Africa,” is starting to experience a surge in startup activity.

However, whilst it’s still relatively new, and not ranked in the GSEI 2023, there are definitely some companies that are making waves when it comes to development and innovation.

Join us as we take a look at 5 startups in Malawi making a significant impact in their fields.

1. Chikwama – Financial Technology

Chikwama is a FinTech startup that offers a user-friendly mobile wallet to make and receive payments.

Using whatsapp to spur transactions, the company is finding easier ways for people in Malawi to make and receive payments.

The startup exists to make financial services more accessible to people across Africa, allowing clients to make easier transactions – even if they don’t own a traditional bank account.

2. Sayiwe – Microfinance Services For Women

Sayiwe offers financial support to micro-enterprises in Malawi, focusing mainly on female-owned businesses.

They specialise in providing accessible small loans and other financial services to women and rural populations. Their business is built on the premise that small businesses contribute 40% of the county’s GDP, but largely have problems accessing affordable credit.

Their services are designed to help boost entrepreneurship and economic independence among women in Malawi.

3. Micromek – Drone Development Technology

Micromek produces low-cost 3D printed drones in Malawi.

These devices help with the delivery of medicine in remote areas of the country, as well as agriculture, where they help farmers monitor crops.

Their tech solutions aim to make medical transport and farming more efficient in rural communities, helping contribute to a healthier and more prosperous society.

4. Soil Farming Solutions Malawi (SFSMW) – Eco-Friendly Farming Innovations

SFSMW is a land restoration startup, helping small-scale farmers manage and restore areas of their land.

The startup also provides consultancy services to rural farmers, helping them access more knowledge around sustainable farming practices.

By empowering farmers to manage their farms more sustainably, it is positively contributing to the county’s ecology as well as its economy.

5. Qubix Robotics – Robotics and Automation

Qubix Robotics is a 3D printing and robotics startup in Malawi, developing tech that promise to help supercharge industries from transport to wate.

From manufacturing to agriculture, their robotics technology aims to increase efficiency, reduce costs, and innovate traditional sectors with new tech.

As Malawi looks to grow economy, Qubix Robotics is at the forefront of this transformation.