EIB gives Malawi K14.4bn for LWB ‘Third Treatment Plant’

“Once completed, water production will increase to an assurance level and enough to meet the growing demand.” Finance Minister Felix Mlusu has lauded the European Investment Bank (EIB) for its continued financial support and recommencing commitment in underwriting resources for various development schemes including water projects in the country. The Malawi government purse keeper, Mlusu, […]

EU signs K12bn pact with Ecobank to support Malawi’s agricultural SMEs

The European Investment Bank (EIB) and European Union on Friday announced a new collaboration with Ecobank Malawi to improve access to finance for SMEs in the agriculture sector in the country as the European institutions are set to improve access to long-term finance in agriculture value chain in Malawi with €25 million (K24 bn) credit […]

European Investment Bank partners FDH in K6bn businesses deal for Malawi

The European Investment Bank (EIB) and FDH Bank have signed their first loan agreement worth K 6 billion that will support private sector investment across Malawi. Entrepreneurs and private business across the country will benefit from a new EUR 7 million (Approx. K6 billion) credit line managed by the leading local financial services provider and […]