The Government of Malawi, with co-funding from the World Bank and its national government, is implementing a five-year, $100-million Skills for A Vibrant Economy (SAVE) Project, launched in October 2021. The initiative, led by the Ministries of Education and Labour, aims to enhance access to market-relevant skills development programs, especially for women, in priority sectors like agriculture, ICT, energy, and financial services. The project has three components: expanding higher education access and equity through financial aid and institutional performance agreements, increasing technical and vocational training (TEVET) capacity with scholarships and competitive grants, and strengthening tertiary education systems alongside effective project management and policy development.

The SAVE Project targets diverse beneficiaries, including over 45,000 higher education students, 65,000 TEVET trainees, and nearly 900 trainers, while benefiting over 110,000 secondary graduates, private sector firms, and 50+ tertiary institutions. Key activities include constructing facilities, enhancing faculty skills, increasing student financial aid, and fostering industry partnerships. The project also supports policy reforms, digital learning expansion, and robust monitoring and evaluation frameworks to ensure sustainable impacts. These measures align with Malawi's goal to bolster its human capital for economic transformation.