The Government of Malawi, through the Ministry of Mining, has signed mining deal with a Chinese multinational company, Hunan Sunwalk Technology Group, a development that heralds economic transformation for the country.
The signing ceremony took place on the sidelines of the China-Africa Economic and Trade Expo (CAETE) in Changsha, China, last week.
Speaking in an interview on Friday, the Minister of Mining, Dr. Ken Zikhale Ng’oma, said the memorandum of understanding (MoU) with the Chinese company marks the beginning of a strategic partnership designed to unlock Malawi’s mineral wealth while promoting long-term economic growth.
Ng’oma added that the agreement, signed on June 16, 2025, aims to strengthen bilateral cooperation in mining, focusing on sustainable investment, technological innovation, and capacity building.
“This MoU signals a new era for Malawi’s mining sector, anchored on sustainability, innovation, and inclusive growth. It aligns with President Dr. Lazarus McCarthy Chakwangera’s vision to develop and transform the mining industry. With this partnership, Malawi expects to benefit from increased investment, job creation, and economic development,” he said.
He emphasized that the decision to partner with Hunan Sunwalk followed thorough evaluations, including environmental and social impact assessments. He expressed confidence in the company’s ability to deliver on expectations, citing their experience in countries like Zimbabwe.
In his remarks, Hunan Sunwalk’s Founder and Chief Executive Officer, Hou Xingwang, highlighted the potential benefits of the partnership, including the flow of capital, advanced technology, and skilled human resources.
The company plans to invest in titanium extraction in Salima district and establish a high-tech mineral processing facility in Malawi.