MAIIC orders Mega Farmers to deliver maize by November 22 or face court

The Malawi Agricultural and Industrial Investment Corporation (MAIIC) has told Mega Farms beneficiaries with outstanding loans to deliver their maize to designated depots by November 22, 2026, as it moves to recover public funds. MAIIC Managing Director Taz Chaponda said the exercise was important for protecting public resources and ensuring the maize served its purpose […]

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

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 […]

K35bn Malawi agricultural investment fund to be operational Oct – Mwanamvekha

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 […]