Chilima praises Exim Bank of India: Support to Malawi hits K130bn in 10 yrs

Vice President Saulos Klaus Chilima has lauded Export- Import (EXIM) Bank of India for financial assistance to Malawi saying concessional financial resources that the Malawi government has accessed from that Bank has reached $180 million (approximately MK130, 364, 308, 792.42) since 2008. Chilima made the remarks Tuesday in New Delhi when he held bilateral talk […]

Exim Bank of China to finance Malawi coal-fired power plant project 

Malawi government has disclosed that the Kam’mwamba Coal-Fired Power Plant Project is being financed by a loan from Export and Import(Exim) Bank of China to the tune of $667 million project with Lilongwe  required to source $104 million as commitment fee. The  Coal Fired Power plant  will be installed at Kamwamba site to increase the […]