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Sustaining Small and Medium Enterprises Through Diversification Training

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Agribusiness Acceleration Initiative (AAI) project in partnership with Old mutual imparted the small and medium enterprises (SMEs) with diversification mentorship as seasonality of agro dealership business in Malawi affect annual turnover of the agro dealers and this make the SMEs fail to sustain their businesses throughout the year-round. Trainings were done to equip aggregators on how to stock other products and services apart from agro inputs only. 67 SMEs were specifically targeted and trained in business diversification by Old mutual, representing 48 % of annual targeted SMEs. 

Effective business diversification mentorship was accurately done as AAI project identified Old Mutual Malawi Limited as a trainer/ mentor to deliver the mentorship and trainings to the SMEs based on the agreed training modules and curriculum. Old Mutual have been engaged on a partnership basis where an agreement was made that AICC will not pay training fees to the organisation but will only refund the transport and accommodation costs for the trainers. This shows the mutual partnership that AICC and other organisations in different sectors have, to develop the SMEs.

AICC Officer and Nkhwazi, the owner of Nkhwazi Trading in her diversified shop where she sells clothes and agri-chemicals

One of the successful Agrodealer who benefited from these diversification training is Nkhwazi trading, a business located at Mibawa Bus Terminal. The Agrodealer was selling agro inputs like chemicals which was only targeting small holder farmers during the growing season. The business has been meeting several challenges like reduced rate of sales and losses after the growing season since it was stocking seasonal agro inputs. After the training, the business has improved, as it is now stocking both pre and post-harvest agro inputs that meets small holder farmers demands in all the seasons. Nkhwazi trading has also diversify into cosmetics, electronics, clothes and other items that has improved its marketing strategies and gross revenue of the business, which has led to an increased number of customers and employees working under it.

AICC Reduces Drudgery and Empower Women in Mchinji and Mzimba North

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African Institute of Corporate Citizenship (AICC) through Women Economic Empowerment (WEE) project is contributing towards strengthening women productivity and access to markets of high value crops. The project is promoting the production of groundnuts, since it is one of the highest value legume crops. Groundnuts is also strategic to the economic empowerment of women. Among other objectives the project envisages to increase access of labour and time saving equipment and services. Traditionally groundnut production requires substantial time for land and seed preparation, planting, cultivating, and harvesting, as well as post-harvest activities like; drying, dehusking, and cleaning the nuts before selling.

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AICC Through Women Economic Empowerment Project-Sensitize Cooperative Members on COVID-19

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COVID-19 is transforming the way people live, work, buy, and relate to one another, and the changes seem to come by the minute. This global pandemic has inspired both fear and hope; closing business while encouraging innovation; forcing us to keep our distance while at the same time bringing us closer together. In the center of fear, confusion, and anxiety, African Institute of Corporate Citizenship (AICC) recognize the fundamental truth that it is not the time to abandon our stakeholders. It’s time to double down.

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Lilongwe 3,

Phone: +265 310 001 396 (Administration)

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