Oswin Kasunda NBM plc Head of Personal and Business Banking
National Bank of Malawi (NBM) plc recently partnered with Growth Africa and Mhub to develop and distribute targeted video content to start-up businesses under the Growth Accelerator programme 2020 Cohort.
Our Business Editor William Kumwembe sat down with NBM plc Head of Personal and Business Banking (PBBD) Oswin Kasunda to find out more about the programme and understand what other services NBM Plc makes available to start-ups and SMEs. Excerpts:
NBM plc is one of the partners in the Growth Accelerator Programme – what does this program entail and what prompted the Bank to partner up on this project?
The programme seeks to accelerate the growth of innovative and impactful early stage Malawian enterprises. The objective is to grow entrepreneurial ventures which can create jobs and promote private sector development. This is done through provision of access to risk capital and business acceleration through mentorship and technical assistance. Growth Accelerator was launched in June 2018 with United Nations Development Programme (UNDP) and the Royal Norwegian Embassy as main funders. Growth Africa and Mhub are the implementing agents of the programme. The accelerator provides 12 months of business support and acceleration.
National Bank of Malawi plc is equally interested and working towards the development of start-ups and SMEs; therefore, the Bank joined the programme as a partner in June 2019.