Malawian government to further develop mining sector

STORY: Malawian government to further develop mining sector DATELINE: Jan. 19, 2023 LENGTH: 0:02:21 LOCATION: Lilongwe CATEGORY: ECONOMY SHOTLIST: 1. various of mining in Malawi 2. SOUNDBITE 1 (English): ALBERT MBAWALA, Malawi Minister of Mining 3. SOUNDBITE 2 (English): ALBERT MBAWALA, Malawi Minister of Mining STORYLINE: Malawi has put in place a five-year mining strategic plan to oversee mining development agreements with investors aimed at maximizing sector revenue contribution to the country's Gross Domestic Product (GDP). Richly endowed with high-value mineral resources, the southern Africa country has made mining one of its priority areas with the aim of increasing its contribution to the country's economy. One of the strongest areas for investment in Malawi is the mining sector. If prioritised, officials say, mining has the potential of contributing at least 20 percent to the southern Africa country's Gross Domestic Product (GDP) and foreign exchange reserves. Despite having such potential, rea