TNM Celebrates 30 Years of Empowering Malawi’s Economy: Powering Growth and Prosperity for Businesses and Investors
Key Business Points
- Telekom Networks Malawi (TNM) celebrates 30 years of pioneering digital transformation in the country, with a legacy of connecting millions of Malawians through voice, internet, and mobile money services.
- TNM plans to establish artificial intelligence (AI) laboratories next year to develop relevant digital services tailored to Malawi’s needs, empowering locals to create AI-driven solutions.
- Foreign exchange shortages remain a major challenge for TNM, affecting payments for international and equipment suppliers, amidst the company’s efforts to expand its services and reach the remaining 15% of the population.
As TNM commemorates its 30-year existence, the company’s Chief Executive Officer, Michel Hebert, highlighted its journey as one of relentless innovation. TNM has played a crucial role in Malawi’s digital transformation, covering 85% of the population with its services. The company’s commitment to cost-effective technologies, such as solar-powered infrastructure, is expected to help bridge the gap in the remaining 15% of the population. Hebert also announced plans to set up innovation hubs and AI labs, which will empower Malawians to create AI-driven services tailored to the country’s needs.
The Minister of Information, Shadric Namalomba, praised TNM’s contribution to national development, citing its role in financial inclusion through Mpamba, its support for sports via the TNM Super League, and its commitment to corporate social responsibility. Namalomba urged TNM and other stakeholders to align with the government’s digital economy agenda under the Malawi 2063 vision, which promotes inclusive growth, smart cities, and last-mile connectivity. This alignment is expected to foster a more integrated and digitally enabled economy, benefiting zachuma za malawi (Malawi’s businesses) and wafrazieri (entrepreneurs).
As TNM continues to pioneer digital technologies, its legacy is a testament to the power of innovation and uchumi wa kijamii (social economy) in driving growth and development. The company’s plans to establish AI laboratories and expand its services are expected to create new opportunities for Malawian businesses and entrepreneurs, particularly in the areas of ufunzanji wa sagteware (software development) and uchambuzi wa data (data analytics). With its commitment to digital transformation and innovation, TNM is poised to remain a leading player in Malawi’s economy, driving growth and development for years to come.
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