Mobilizing Malawi's Capital
In the past decade, as wealthy and upper middle-income Malawians have increasingly turned to formal financial products, domestic institutional assets have exhibited robust growth. Furthermore, although the economy remains vulnerable to external shocks such as poor weather and bouts of inflation, these shocks appear to have had a limited impact on the growth in savings. However, historical underdevelopment of domestic financial institutions, high interest rates, and risk aversion towards the provision of loans have severely restricted domestic capital flows. By cheaply sourcing and vetting quality investment opportunities, Foster Lewis aims to partner with local banks, asset managers, and other local savings institutions to mobilize domestic capital. Foster Lewis believes that through diligent research and a nuanced vetting process it is possible to facilitate the development of a robust, domestically funded private sector.
Add case studies here...