# Investors based in Malawi (2026 list)

> 12 investors based in Malawi. Led by Emerge Fund, Export Development Fund Mw, Kwacha Fund Financial Services. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-malawi (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Malawi

Updated 7 November 2026

Firms headquartered in Malawi, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Malawi.

[See all 12 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-malawi)The top 12

**12** investors on the list No change this week

**0** cheques in 12 months Too few cheques to tell

**-** median round they joined

**0%** wrote a cheque in 12 months

**0%** have led a round

## The Top 12

Ordered by cheques observed, never by anything anyone paid for

- 1 [Emerge Fund](https://millionrounds.com/fund/emerge-fund) unknown VC firm · Malawi **none observed** **-** median round **-** last seen
- 2 [Export Development Fund Mw](https://millionrounds.com/fund/export-development-fund-mw) unknown Government · Malawi **none observed** **-** median round **-** last seen
- 3 [Kwacha Fund Financial Services](https://millionrounds.com/fund/kwacha-fund-financial-services) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 4 [Malawi Agricultural & Industrial Investment Corporation (MAIIC)](https://millionrounds.com/fund/malawi-agricultural-and-industrial-investment-corporation-ma) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 5 [Malawi Mining Investment Company - MAMICO](https://millionrounds.com/fund/malawi-mining-investment-company-mamico) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 6 [Malawi Ngwee Ngwee Ngwee Fund](https://millionrounds.com/fund/malawi-ngwee-ngwee-ngwee-fund) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 7 [Muuni Fund Malawi](https://millionrounds.com/fund/muuni-fund-malawi) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 8 [National Economic Empowerment Fund (NEEF)](https://millionrounds.com/fund/national-economic-empowerment-fund-neef) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 9 [Public Service Pension Trust Fund](https://millionrounds.com/fund/public-service-pension-trust-fund) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 10 [Smallholder Farmers Fertilizer Revolving Fund of Malawi](https://millionrounds.com/fund/smallholder-farmers-fertilizer-revolving-fund-of-malawi) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 11 [Tarsizius Square Investment Fund](https://millionrounds.com/fund/tarsizius-square-investment-fund) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen
- 12 [The Pangolins](https://millionrounds.com/fund/the-pangolins) unknown Investment firm · Malawi **none observed** **-** median round **-** last seen

## Cheques by Quarter

Led Joined

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in United States 73,439](https://millionrounds.com/lists/investors-based-in-united-states)
- [Investors based in United Kingdom 8,136](https://millionrounds.com/lists/investors-based-in-united-kingdom)
- [Investors based in Canada 3,879](https://millionrounds.com/lists/investors-based-in-canada)
- [Investors based in India 3,865](https://millionrounds.com/lists/investors-based-in-india)
- [Investors based in Germany 3,455](https://millionrounds.com/lists/investors-based-in-germany)
- [Investors based in China 3,027](https://millionrounds.com/lists/investors-based-in-china)
- [Investors based in United Arab Emirates 2,916](https://millionrounds.com/lists/investors-based-in-united-arab-emirates)
- [Investors based in Australia 2,592](https://millionrounds.com/lists/investors-based-in-australia)
- [Investors based in France 2,280](https://millionrounds.com/lists/investors-based-in-france)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Malawi

### Who are the most active investors based in Malawi?

By cheques observed, the most active are Emerge Fund, Export Development Fund Mw, Kwacha Fund Financial Services, Malawi Agricultural & Industrial Investment Corporation (MAIIC) and Malawi Mining Investment Company - MAMICO.

### How many investors based in Malawi are there?

12 are on record. 0% made an investment in the last 12 months.

### How is this list of investors based in Malawi ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)