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Peter to address New York Stock Exchange

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President Peter Mutharika will make a presentation at the New York Stock Exchange (NYSE) —the largest stock exchange in the world—on the trade and investment opportunities that exist in Malawi for international investors.

Mutharika’s chief communication strategist, Bright Malopa, told The Nation in New York on Monday that Mutharika will make the presentation on the seventh floor of the NYSE—located at 11 Wall Street, Lower Manhattan in New York—during an African Heads of State and Government Investment Working Lunch.

President Mutharika
President Mutharika

Mutharika is set to make the presentation on September 22 2014, three days before addressing the United Nations General Assembly on September 25 at 5 pm Eastern Time (about 11pm Malawian Time).

In his presentation, according to Malopa, Mutharika is expected to highlight the priority projects requiring investment in Malawi and the strategies and policies in place.

The Malawi leader flew into New York on Monday to participate in the General Debate of the 69th session of the UN General Assembly. He will be making his first address as Head of State.

The African Heads of State and Government Investment Working Lunch is jointly organised by Africa Investor (AI), the Office of the Special Adviser of Africa (OSAA) and the Global Partnerships Forum (GPF), in association with NYSE.

“The event will foster a dialogue between business and government leaders on practical investment partnerships that support investment to the African continent and facilitate African regional economic integration,” reads an information note jointly issued by the organisers.

The audience, according to the note, will include some 150 chief executive officers, chief investment officers from global investment institutions and representatives from African pension funds.

AI is an investment holding company operating through Ai Capital on principal investments, and Ai Media, which produces investment research and published content. It has a growing network of clients across Africa serviced from regional hub offices in Nairobi, Lagos and Johannesburg, affiliate offices across the continent and a coordinating office in London.

NYSE is the world’s largest stock exchange by market capitalisation of its listed companies at $16.613 trillion and an average daily trading value estimated at $169 billion in 2013.

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