k8 Billion Vision unveiled:Malawi Launches Mvera Smart City to Drive Economic Transformation
By : Jane Chimchere May 16,2025 Malawi's Economic future took a bold turn on Friday, 16th May 2025, when the inaugural Mvera investors Breakfast was held at Bingu International Convention Centre(BICC) in Lilongwe , unveiling the Mvera Innovation Smart City. The event hosted by the Malawi Regulatory Authority (MACRA) ,brought together investors, government officials and business leaders to discuss the ambitious K8 billon project. Brigadier General John Chaka Junior, Chairperson of the Mvera Development Corporation , told the gathering that the Smart City project marks a major milestone for national development. "The Mvera Innovation Smart City project is more than a project; its a national symbol of transformation , a place where modern technology meets Malawian identinty and human potential." he said. The Mvera Innovation Smart City described as a landmark development is expected to become a hub of innovation and economic activity redefini...