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The World Bank Group
Source: The World Bank Group |

Malawi Economic Monitor Calls for Urgent and Sustained Reforms for Faster and More Inclusive Growth

The coming months will be critical for Malawi to ensure that planned macroeconomic reforms are implemented and fiscal adjustment measures remain on track

Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address longstanding macroeconomic imbalances including persistent and large fiscal deficits, balance-of-payments challenges, unsustainable debt, and price instability, which have weighed on the country’s economy in recent years, according to the latest World Bank Malawi Economic…

Food and Agriculture Organization (FAO)
Source: Food and Agriculture Organization (FAO) |

Green Climate Fund approves $52 million to support Food and Agriculture Organization of the United Nations (FAO)-led project in Malawi

Adaptation and resilience project set to benefit more than half a million people over six years

A $52.3 million project approved today by the Green Climate Fund (GCF) aims to help Malawi cope with the devastating effects of climate change and boost the country's long-term food security. Led by the Food and Agriculture Organization of the United Nations (FAO), the project is set to benefit nearly 575,000 vulnerable…

UNFPA - East and Southern Africa

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    • Atupele and her sister Shanil at home ©UNFPA/Malawi/2024
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Source: UNFPA - East and Southern Africa |

Malawian sisters confirm the lasting effect of Dignity Kits

The kits provide women, girls, and people who menstruate with essential supplies that are often overlooked when there is an immediate need for safety, food, and water

“The items we received have proven incredibly durable; throughout all the times we have had to move from place to place, we carried them with us, and they have continued to be useful to this day,” Shanil Nyamula explains. These were words spoken by Shanil and her twin sister Atupele…

Informa Markets: Energy

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    • Africa Energy Expo 2024’s Dynamic Agenda Attracts High-Profile Speakers and Key Stakeholders Shaping the Continent’s Energy Landscape
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Source: Informa Markets: Energy |

Africa Energy Expo 2024’s Dynamic Agenda Attracts High-Profile Speakers and Key Stakeholders Shaping the Continent’s Energy Landscape

With two conference tracks comprising over 40 sessions, delegates will have access to industry leaders’ unique perspectives on critical issues in the energy sector

Informa Markets (www.InformaMarkets.com), organisers of the first edition of the Africa Energy Expo (AEE), have confirmed that government Ministers from three African countries will join the line-up of speakers at the landmark energy event, taking place from 4 to 6 November 2024 at the Kigali Convention Centre, Rwanda. Delegates can look…

United Arab Emirates Ministry of Foreign Affairs & International Cooperation
Source: United Arab Emirates Ministry of Foreign Affairs & International Cooperation |

United Arab Emirates (UAE) leaders congratulate President of Malawi on Independence Day

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai dispatched similar messages to President Chakwera

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Dr. Lazarus Chakwera, President of the Republic of Malawi, on the occasion of his country's Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His…

Afreximbank

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    • Mr. Haytham El Maayergi, Executive Vice President of Global Trade Bank with Mr George Chitera, the Deputy Managing Director for FDH Bank Plc
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Source: Afreximbank |

FDH Bank Malawi bags US$15-million Afreximbank loan facility

FDH Bank will deploy the proceeds of the facility to the financing of trade transactions of its clients involved in manufacturing, exports and imports

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to provide FDH Bank Plc. Malawi with a US$15-million amortizing term loan facility to support the manufacturing sector, exporters and importers in Malawi. Under the terms of the agreement, signed during the just-concluded Afreximbank Annual Meetings (AAM2024) in Nassau, capital city…

Energy Capital & Power

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    • Malawi Mining Minister to Highlight Investment Prospects at Critical Minerals Africa (CMA) 2024
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Source: Energy Capital & Power |

Malawi Mining Minister to Highlight Investment Prospects at Critical Minerals Africa (CMA) 2024

Minister Monica Chang’anamuno will speak at the upcoming Critical Minerals Africa Summit to connect with global investors and facilitate partnership formations

Minister of Mining of Malawi, Monica Chang’anamuno, will return as a speaker to this year’s edition of the Critical Minerals Africa (CMA) Summit – Africa’s premier gathering for critical mineral industry stakeholders. Minister Chang’anamuno’s participation will be vital for highlighting partnership and investment opportunities within Malawi’s burgeoning mining sector. Malawi…

Ministry of Foreign Affairs of Japan
Source: Ministry of Foreign Affairs of Japan |

Letter of Condolence by Foreign Minister KAMIKAWA on the Passing of the Rt. Hon. Dr. Saulos Klaus Chilima, Vice President of the Republic of Malawi

In the letter, Foreign Minister KAMIKAWA, on behalf of the Government and the people of Japan, expressed her respect for the Vice President's significant contributions to the development of the Republic of Malawi

On June 17, following the passing of the Rt. Hon. Dr. Saulos Klaus Chilima in a plane crash on June 10, Ms. KAMIKAWA Yoko, Minister for Foreign Affairs of Japan, issued a letter of condolence to Hon. Ms. Nancy Tembo, Minister of Foreign Affairs of the Republic of Malawi. In…

Afreximbank

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    • Left – Right: Prof. Benedict Okey Oramah, President and Chairman Board of Directors of Afreximbank, His Excellency Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, First Lady of Malawi, Madame Monica Chakwera and President-Founder of ARISE IIP, Mr. Gagan Gupta during the official commissioning of the groundbreaking of the Malawi “Magwero” Industrial Park.
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Source: Afreximbank |

Afreximbank, in partnership with Arise IIP and the Republic of Malawi, initiates construction of the "Magwero Industrial Park" in Lilongwe, an integrated industrial park set to accelerate the country's industrialization

Afreximbank, the leading financial partner of ARISE IIP, will finance the project to a tune of USD 300 million

His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank (www.Afreximbank.com), Prof. Benedict Okey Oramah and the President-Founder of ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of world-class industrial ecosystems, Mr. Gagan Gupta, have unveiled the…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Completes Mission to Malawi

The program was approved by the IMF Executive Board on November 15, 2023

An International Monetary Fund (IMF) team visited Lilongwe to discuss recent economic and financial developments, as well as economic policies that would underpin the First Review under the Extended Credit Facility (ECF) Arrangement; The team had productive discussions with the authorities. Discussions will continue in the coming weeks to finalize…