The Malawi Innovation Challenge Fund (MICF) is a US$ 22 million competitive, transparent mechanism that provides grant finance for innovative projects proposed by the private sector active in Malawi’s agricultural, manufacturing and logistics sectors. Supported by the United Nations Development Programme, UK Aid, IFAD through the PRIDE programme, and the Federal Republic of Germany through KFW, the MICF is designed to be a quick, responsive mechanism that is not overly bureaucratic and understands the needs of the private sector.Learn More
Through the Manufacturing Window, MICF aims to enable manufacturers in the agriculture and non-agriculture sectors in Malawi to backward integrate processes to incorporate locally produced products and services that would enable them to compete in international markets or allow for import substitution in the domestic market, while at the same time delivering large social or environmental impact.
Working with a major tea estate and smallholder tea growers association, the MICF grant aims to form a partnership with the aim to access Specialty Tea markets through the exports of high value added tea in bags.
The objective of the project is increase exports of Smallholder Groundnuts through Innovations in Storage Management by controlling and monitoring Aflatoxin during post-harvest storage.