Tag archives: MAIIC

MAIIC’s K42bn fund targets farming, rural business growth in Malawi

By Nyasa Times News Desk

The Malawi Agricultural and Industrial Investment Corporation (MAIIC) plc has launched a US$24 million (about K42 billion) Blended Rural Finance Facility (BRFF) aimed at expanding access to affordable financing for rural businesses and economically active communities across the country. MAIIC managing director Taz Chaponda said the facility is designed to channel low-cost financing to rural […]

Read full story — MAIIC’s K42bn fund targets farming, rural business growth in Malawi

K35bn Malawi agricultural investment fund to be operational Oct – Mwanamvekha

By Nyasa Times Reporter

Malawi Agricultural and Industrial Investment Corporation (MAIIC) is expected to be operational by October 2019 at a value of K35 billion, Minister of Finance, Economic Planning and Development, Joseph Mwanamvekha has said. He disclosed this in Lilongwe on Thursday during the launch of the National Bank of Malawi (NBM) Development Bank. Mwanamvekha said all issues […]

Read full story — K35bn Malawi agricultural investment fund to be operational Oct – Mwanamvekha