NICO Group is pleased to announce its sponsorship of MK5 million for the Malawi Microfinance Network’s (MAMN) Annual Lake Conference, underscoring its commitment to supporting financial inclusion and growth within the microfinance sector. This year’s conference, a key event on the microfinance calendar, brings together stakeholders from across the country to discuss challenges, opportunities, and advancements within the sector.

For NICO, this sponsorship forms part of its broader strategy to project a strong and inclusive image to all microfinance institutions (MFIs) across Malawi. The Group seeks to demonstrate that it is open to partnerships with institutions of all sizes and committed to advancing financial inclusion for all Malawians, especially those served by microfinance institutions.

Speaking on behalf of NICO Group, Charles Chirwa, Chief Financial Officer of NICO General, stated, “At NICO, we recognize the critical role that microfinance institutions play in expanding access to financial services for underserved communities across Malawi. By sponsoring this event, we are reinforcing our commitment to fostering partnerships and supporting the growth of the microfinance sector, which is a key driver of financial inclusion in the country.”

The Annual Lake Conference, organized by the Malawi Microfinance Network, provides a platform for key players in the financial sector to collaborate and share best practices. Duncan Phulusa, Executive Director of the Malawi Microfinance Network, expressed his gratitude for NICO Group’s sponsorship, noting, “NICO’s support for this event is a testament to their dedication to financial inclusion. This partnership will go a long way in helping us continue our efforts to strengthen the capacity of MFIs and ensure that they are able to serve the financial needs of communities across Malawi.”

The sponsorship highlights NICO Group’s ongoing efforts to create meaningful partnerships that contribute to Malawi’s socio-economic development and further underscores the groups commitment to driving financial literacy under its recently launched Zikumveka Kumbuyoko campaign.