Peter Leonard Yakobe

Peter Leonard Yakobe Economist | International Development Practitioner | Author
(2)

Banks vs SMEs in Malawi: Who Is Failing Who?  Continuing from last week's conversation, If banks say SMEs are too risky ...
26/05/2026

Banks vs SMEs in Malawi: Who Is Failing Who?

Continuing from last week's conversation, If banks say SMEs are too risky to finance, and entrepreneurs say banks make loans too difficult to access.

Then what is the real solution for Malawi’s business growth?

1️⃣ Should government step in more with guarantees and SME funds?
2️⃣ Should banks create more flexible products for startups?
3️⃣ Should entrepreneurs focus more on financial discipline and formalisation first?
4️⃣ Or is the problem deeper than all of these?

Some argue Malawi has entrepreneurs with ideas but no capital.
Others argue capital exists, but many businesses are not investment ready.

What do you think is the biggest missing link in Malawi’s SME ecosystem?

What are your thoughts ? Tag and share your friends, they shouldnt miss out on the conversation.

6 Hard Truths About Starting a Business or NGOMany people are excited to start businesses and NGOs, but very few talk ho...
25/05/2026

6 Hard Truths About Starting a Business or NGO

Many people are excited to start businesses and NGOs, but very few talk honestly about what makes institutions survive long term. Here are 6 important lessons:

1.Start with a real problem, not just passion.
Successful businesses and NGOs solve genuine problems that people face daily. Passion alone cannot sustain an institution without relevance.

2. Reputation and trust are more valuable than funding.People invest in organizations they trust. A good name can open doors that money alone cannot.

3. Systems matter more than motivation.
Energy and excitement help you start, but proper structures, records, accountability, and planning are what keep organizations alive.

4. Visibility is not the same as impact or profit.
Some organizations are popular online but struggling internally. Real success is measured by sustainability and results.

5. Partnerships can accelerate growth.
No institution grows alone. Strategic partnerships, mentorship, and collaboration can help small organizations grow faster and smarter.

6. Sustainability is the real success story.
Starting is easy. Remaining relevant, effective, and financially stable after many years is the true achievement.

A business without customers becomes a hobby.
An NGO without impact becomes a social club.

The goal is not just to launch something exciting. The goal is to build an institution that continues creating value even when the excitement fades.

Which point do you agree with most?

Ladies and gentlemen, help me celebrate a friend and a brother whose presence in my life has been more than a gift. Dan,...
24/05/2026

Ladies and gentlemen, help me celebrate a friend and a brother whose presence in my life has been more than a gift. Dan, to what you are, the sacrifices you make, the loyalty you show, and the support you continue to give me in both good times and difficult moments, I will always be grateful. In a world where many friendships are based on convenience, you have remained genuine, consistent, and dependable. Happy birthday my friend. Tiyeni timufunile zabwino Dan Tambala

Who carries more blame for slow SME growth in Malawi: banks or entrepreneurs?Malawi’s SME sector is often considered a v...
22/05/2026

Who carries more blame for slow SME growth in Malawi: banks or entrepreneurs?

Malawi’s SME sector is often considered a very crucial part of the economy but growth remains slow.Who should carry more blame: the banks for strict lending conditions and high interest rates, or entrepreneurs for poor business structures, lack of financial discipline, and weak long term planning?

Are banks failing local businesses or are many SMEs simply not investment ready?

Which side is holding Malawi’s business growth back the most? Let's hear your thoughts and tag/share your friends too.

From Bangwe to the World : the Story of Racheal Kaunda and Her DronesGrowing up in Bangwe Township in Blantyre, I did no...
21/05/2026

From Bangwe to the World : the Story of Racheal Kaunda and Her Drones

Growing up in Bangwe Township in Blantyre, I did not see many examples of women working in science and technology. In fact, the lack of role models was one of the biggest challenges I faced early on. But everything changed when I went to the University of Malawi (Chancellor College) to study Earth Sciences. There, I was introduced to geospatial science the technology used to map and understand data about the earth. For my university project, I used this data to create a map model of areas prone to earthquakes in Karonga. I realized then how powerful digital data could be.

​After graduating in 2019, I noticed a massive gap in Malawi's mining industry. Traditional methods used to survey mines and calculate resources took too much time, cost a lot of money, and could be physically dangerous. I wanted to fix this. I enrolled at the African Drone and Data Academy (ADDA) to get my certificate in drone and data technology. In 2021, I registered Drone Link to bring faster, safer, and cost-effective digital mapping solutions to mining, agriculture, and development sectors. In 2025 I was selected to receive leadership training in United States of America under the Mandela Washington Fellowship programme.

Today, Drone Link employs young professionals and runs an internship program aimed at equipping youth with skills in drone engineering and data analytics. Having grown up without mentors, I now dedicate much of my time to motivating and guiding young students. As a mentor at the Be That Girl Foundation, I also mentor students from Malawi University of Science and Technology (MUST) who receive scholarship support, helping them build confidence, skills, and a vision for their future

How We Help Farmers Today:
​While we started in mining, today my company focuses heavily on providing smart solutions for Agriculture. We work directly with farmers to give them accurate land information that helps them look after their crops.

​Using our drone data, farmers can monitor their fields to spot pests and diseases early before they destroy the harvest. We also provide climate smart mapping, which helps farmers adapt to changing weather patterns. By giving them this vital information, we support farmers to reduce their losses, protect their hard work, and greatly improve their crop productivity.

​The Challenges I Overcame:
​Starting Drone Link as a 28 year old female entrepreneur came with real difficulties:
​Entering a Male Dominated Field: Walking into traditional boardrooms and mining sites as a young woman trying to introduce complex tech was intimidating. I had to let my technical skills and accurate data speak for me until the industry took notice.

​Building a Trusted Business: It takes a lot of effort to prove that a young tech company can manage high stakes industrial projects. We built that trust brick by brick, which eventually led to our selection for the UNDP funded Growth Accelerator grant to expand our operations.

Succeses: ​Reaching the Continental Stage
​Once Drone Link began delivering successful geospatial solutions for mines in Balaka and Lilongwe, our impact began to spread. I was selected as one of the few entrepreneurs to represent Malawi at the YouthConnekt Africa Summit in Rwanda. Later, I joined high-level delegations with the African Union and our Ministry of Labour across countries like Rwanda, Egypt, Ethiopia, Côte d'Ivoire, and Angola. Being named a 2026 Woman of Substance in Science proved to me that digital innovations are truly borderless. It does not matter where you come from; what matters is the solution you offer.

​My Advice to the Next Generation:
​My advice to young girls and innovators everywhere is simple: Innovations require a mind, not a gender. Be bold and take the lead. Even when things do not go exactly the way you planned, stay adaptive to your situation. Use the internet to learn from the world, trust your skills, and build solutions that help your community.

Have you been inspired ? What have you learnt from her story ?

You can get in touch with Racheal through: [email protected] , for official purposes and for guidance if you are interested in this career paths

Drone Link

This week, my friend Patricia Mtungila was a speaker at the Global Partnerships Conference in London, United Kingdom, wh...
21/05/2026

This week, my friend Patricia Mtungila was a speaker at the Global Partnerships Conference in London, United Kingdom, where she shared her experiences and insights on global aid and development. I am always inspired when young people from Malawi take up spaces on global platforms and contribute meaningfully to conversations that shape the future of development. It is encouraging to see passionate voices like Patricia’s representing our generation with excellence, courage, and authenticity.

Well done, Patty keep flying the flag high.

20/05/2026

Ndimafuna ndiwatengele ma sapota a Asenolo ku Max & Sherry Dine and Lounge akasangalale. Koma andibweza akuti samatha kugwila mpeni ndi foloko. Tiyeni ku area 13 basi ma guy😄😄

Congratulations to the following Game Prediction Winners Medtinah Grace, Symon J. Chirwa,Chrissy Tina Masiye, Jome Cold,...
20/05/2026

Congratulations to the following Game Prediction Winners

Medtinah Grace,
Symon J. Chirwa,
Chrissy Tina Masiye,
Jome Cold,
Gibson Phiri,
Mervin Matenganya,
Steve Dzukie,
Mgabe GX,
Caroline Nomana,
Ken Baloyi,
Lucky Mw.

Please text 0991937116 to claim your 5 pin prizes. Congratulations akughana.

20/05/2026

Ma sapota a Asenolo congratulations. The 22 years sizamwana, what can we do to help you celebrate? Tiwatani ma guys a phokosowa?

19/05/2026

Final prediction of the season
Bournemouth Vs Man City
Ten lucky predictions will get a 5K each

DON’T GIVE UP IN LIFEThere was a time in my life when almost everything seemed to be saying “NO.” I remember sitting alo...
18/05/2026

DON’T GIVE UP IN LIFE
There was a time in my life when almost everything seemed to be saying “NO.” I remember sitting alone one evening very exhausted. I had big dreams, I wanted to work with international developmental organizations, influence policy, build organizations, speak on global platforms, and create opportunities for others. However, the reality around me looked completely different. There were days I questioned whether I was wasting my time dreaming too big from a country where opportunities often feel limited. I remember applying for opportunities and never hearing back. Watching people with less passion move ahead while I kept struggling. But something inside me refused to die, so I kept going quietly. I kept reading when nobody noticed, I kept learning, I kept networking, I kept showing up to meetings, I kept believing even when evidence around me suggested otherwise. And slowly, life began to change. The same doors that once rejected me started opening. I began working with international organizations, started sitting in rooms I once only imagined. Started speaking to leaders and institutions I once admired from a distance. Looking back now, I realize that most people quit during the invisible season. That season where nothing makes sense, that season where your efforts look useless, that season where nobody claps for you. If you are currently in that season, please hear me carefully: Do not give up on yourself, your current situation is not your final destination. A delayed opportunity is not a denied future. And just because things are difficult today does not mean they will remain difficult forever. One day, the same story that almost broke you will become the story that inspires others. Keep going.

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