The Malawi Mining Investment Company (MAMICO) is a state-owned enterprise established by the Government of Malawi to spearhead the development and investment in the country’s mining sector. The company operates under the Malawi Development Corporation Holdings Limited (MDCHL) and is part of the government’s broader strategy to industrialize Malawi, reduce reliance on agriculture, and boost foreign direct investment (FDI) in mining.
MAMICO was launched in February 2025 by President Lazarus Chakwera, marking a significant milestone in Malawi’s efforts to fully capitalize on its rich mineral resources. The company is seen as a critical player in Malawi Vision 2063, where mining is identified as a priority sector under the industrialization agenda.
MAMICO’s establishment reflects the government’s strategic move to revitalize the extractive industry, aligning with the country’s development goals, including the Malawi Vision 2063, which prioritizes mining as a key sector for industrialization.
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The company’s mandate includes stimulating private investment in the mining sector by conducting advanced exploration and development of mineral resources, thereby fostering economic diversification and sustainable development.
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To establish its identity, MAMICO initiated a logo design competition, inviting talented and well-qualified consultants to design a logo that reflects the company’s core mandate and the sovereignty of Malawi’s mineral wealth.
Overseeing and facilitating government investments in mining aligning with national development goals
The Malawi Mining Investment Company (MAMICO) was established to spearhead investment in mining and manage the government’s interests, aligning with national development goals such as Malawi Vision 2063, which highlights mining as a priority sector under Pillar 1: Industrialization.
MAMICO Natural Resource and Economic Development Presentation by MAMICO CEO