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Tags archive: Malawi

Home /Tag: Malawi
DealStreet Africa

National Bank of Malawi acquires 51% stake in Akiba Commercial Bank Tanzania

February 19, 2021 0

MALAWI - National Bank of Malawi Plc. (NBM) has concluded the acquisition process of 51 percent stake in Tanzania’s Akiba Commercial Bank (ACB) through a…

Agriculture & Agribusiness

The OPEC Fund boosts sustainable agriculture in Malawi with US$20m development loan

January 6, 2021 0

MALAWI - The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million development loan agreement with Malawi to improve the livelihoods…

Financial Services

FDH Bank Malawi appoints Charity Mseka as new chairperson

December 17, 2020 0

MALAWI - The Board of Directors of FDH Bank plc has appointed finance expert Charity Joy Mseka as its new Board Chairperson effective 27 November…

Govt. & Development Organisations

Malawi launches US$1.1m clean cooking fund

December 3, 2020 0

MALAWI – The government of Malawi and its development partners have launched a US$1.1million clean cooking fund to promote fuel efficient cooking technologies and alternative…

LATEST NEWS

Nkhotakota Solar Power Plant in Malawi gets US$67m backing from ATI to fill critical energy gap

November 6, 2020 0

MALAWI - The Nkhotakota Solar Power Plant, one of Malawi’s first commercial scale independent solar power projects, has received US$67 million from Africa Trade Insurance…

DealStreet Africa

Saudi Arabian Mining Company buys 85% stake in Malawian firm Meridian Group

September 23, 2020 0

MALAWI - Ma’aden Marketing and Distribution, wholly owned by Saudi Arabian Mining Company has acquired 85% of Malawi’s - Mauritius headquartered largest phosphate producers Meridian…

LATEST NEWS

Conglomerate Press Corporation plc delists from London Stock Exchange

July 27, 2020 0

MALAWI - Conglomerate Press Corporation plc (PCL), a public company, has delisted from the London Stock Exchange (LSE) as a global depository receipt following a…

Financial Services

ADF approves US$138m crisis budget for four Southern Africa countries

July 25, 2020 0

SOUTHERN AFRICA - The Board of Directors of the African Development Fund (ADF) has approved a UA100.4 million (US$138 million) crisis budget support package to…

Agriculture & Agribusiness

EU injects US$7.3m in agricultural research project in Malawi to promote sustainable agriculture

July 25, 2020 0

MALAWI – Malawi launches a €6.3 million (US$7.3m) project dubbed Development of Smart Innovation through Research in Agriculture (DeSIRA), financed by the European Union (EU) seeking…

Financial Services

AWEIF launches initiative for green energy funded by AWDF

July 14, 2020 0

AFRICA - The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched a new initiative “Enterprise Development for Women-Owned Ventures in Green Energy” and has…

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