Saudi Arabian Mining Company Ma'aden strengthens African presence with a new fertilizer terminal in Malawi
The Liwonde Terminal is strategically located on the rail line connecting the Republic of Malawi to the deep-sea port of Nacala in the Republic of Zambia, allowing for high access to Ma’aden’s fertilizer products across central and southern Africa.
More than 2 million smallholder farming families contribute to the economy of Malawi, but they struggle to sustain, grow and diversify their farming business.
After drought and pests destroyed crops during the 2020-2021 farming season, nearly 65,000 farming households in Malawi have received cash payouts from an agricultural insurance programme of the United Nations World Food Programme (WFP).
In a country-first for Malawi, mobile money service provider TNM Mpamba has launched a Mastercard debit card, enabling its customers – even those without bank accounts – to make safe and seamless in-person and online digital payments on the Mastercard network.
Telecom services company Lleida.net has signed new contracts with the national postal operating companies of Senegal and Sierra Leone and has renewed its existing contract with the postal operator of Malawi.
The World Health Organization (WHO) Malawi Country Office has handed over industrial electric cooking pots worthy over US$20 000 to Balaka District Hospital.
Mobile money service provider TNM Mpamba has launched a Mastercard virtual payment solution that will enable TNM Mpamba mobile money wallet customers to make safe and seamless local and international e-commerce transactions.
The Millennium Challenge Corporation (MCC), will sign more than $1 billion of new economic growth programs in Africa by the end of 2022, underscoring the agency’s work to support the tremendous infrastructure needs.
The African Trade Insurance Agency (ATI), under its Regional Liquidity Support Facility (RLSF), has supported the Salima Solar PV plant in Malawi, by providing a revolving liquidity guarantee.
Telcoin, a blockchain-powered fintech disrupting the $700 billion international remittance industry, has extended its digital money transfer service to 23 additional mobile money platforms in 16 countries.
The 20MWac solar PV and 5MW/10MWh energy storage project is set to become a leading project in sub-Saharan Africa in demonstrating the value of solar PV coupled with energy storage.
National Bank of Malawi (NBM) plc has entered into a partnership with International Money Transfer Institution to ease money transfer transactions for its customers and non-customers.
The World Bank discussed the new Country Partnership Framework (CPF) for Malawi, which supports the creation of more jobs, the strengthening of human capital, and supporting foundations for economic growth and accountability.
The World Bank approved $380 million in financing to support Malawi and Mozambique increase regional trade coordination, reduce trade costs and time, develop regional value chains, and improve access to infrastructure.
Two years on from the launch of a pilot programme, more than 1.7 million doses of the world’s first malaria vaccine have been administered in Ghana, Kenya and Malawi, benefitting more than 650 000 children with additional malaria protection.
Helios Towers plc, the independent telecommunications infrastructure company, has signed agreements with Airtel Africa to acquire its passive infrastructure operating companies in Madagascar, Malawi, Chad and Gabon.
Africa has been described as the fastest-growing continents in the world. This growth, according to an article published on Forbes has been fueled by a young rapidly urbanizing population.
The Board of Directors of Telekom Networks Malawi (TNM) Plc, a mobile network in Malawi, has announced the appointment of Arnold Kweyani Mbwana as the new Chief Executive Officer of Telekom Networks Malawi Plc.
IFC, a member of the World Bank Group, appointed Amena Arif as its new Country Manager for Kenya, Tanzania, Uganda, Rwanda, Burundi, Somalia, and Malawi, effective immediately.
As COVID-19 pandemic continues, existing inequalities have been further fanned, with already vulnerable and marginalized groups faced with additional challenges and even further reductions in their access to services and opportunities.
To help end a leading cause of illness and death in the southern African country of Zambia, a Rotary club-led initiative aims to save and improve lives by empowering community health workers to test, diagnose and treat malaria.
The United Nations World Food Programme (WFP) and the Department of Nutrition, HIV and AIDS in the Ministry of Health received a contribution of €550,000 from the Government of Ireland to support interventions that prevent malnutrition in Malawi.
New economic analysis for Malawi calls for efficient public investment management to improve service delivery in water and energy
Malawi faces an infrastructure investment gap in the energy and water and sanitation sectors of approximately $332 million per year due to limited fiscal space combined with weak public investment management and inefficient State Owned Enterprises.
COMESA Secretariat and the Government of Malawi have signed a 3.54 million Euros agreement that sub-delegates the implementation of coordinated border management activities
Andersen Global establishes a foothold in the Malawi market through a Collaboration Agreement with Knight & Knight, bolstering its platform on the African continent and adding additional coverage in the eastern region.
[Malawi] NBS Bank launches e-commerce platform and online payment gateway with Network International
NBS Bank, a commercial bank in Malawi, launched its state of the art e-commerce platform, powered by Network International, an enabler of digital commerce across Africa and the Middle East.
The OPEC Fund for International Development (the OPEC Fund) signed $20 million development loan agreement with Malawi to improve the livelihoods of around 1.3 million people living in rural areas.
FDH Bank signed a partnership agreement with health insurance provider Medical Aid Society of Malawi (MASM) to simplify digital payment processes.
Telekom Networks Malawi selects Globe Teleservices as exclusive partner for International Voice and Messaging
Telekom Networks Malawi (TNM), the telecom operator of Malawi, has chosen Globe Teleservices exclusive partner for International Voice and A2P messaging aggregation in the country.
Standard Bank, UN Women equip women farmers in South Africa and Malawi with financial literacy skills
Standard Bank and the United Nations Women (UN Women) are currently providing financial literacy training to thousands of women farmers in African key markets including Malawi and South Africa.
In sub-Saharan Africa, electricity access stands at just 43%, or roughly half the global access rate. While challenges remain, COVID-19 is also revealing the importance of increasing more affordable renewables within the energy mix.
Telekom Networks Malawi selects Canonical’s Charmed OpenStack to modernize its telecommunication infrastructure
Canonical, the publisher of Ubuntu, has announced that its Charmed OpenStack has been selected by Telekom Networks Malawi Plc (TNM), to modernise and virtualise its entire telecommunications infrastructure.
The World Health Organization (WHO) announced in this week's WHO Weekly Epidemiological Record that Malawi has been validated to have eliminated lymphatic filariasis as a public health problem.
Mukuru and WorldRemit announced a deepening of their existing partnership, with the aim to expand their collaboration for cash remittances into Zambia, South Africa, Mozambique, Malawi and Botswana.
Azam TV has completed the migration of its video platform from the EUTELSAT 7B to EUTELSAT 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment.
Azam TV has completed the migration of its video platform from the EUTELSAT 7B to EUTELSAT 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment.
Pearl Dairy Farms is now exporting its range of milk powder products to Ethiopia, Malawi and South Sudan underpinned by the ratification of the Africa Continental Free Trade Area (AfCFTA) agreement.
The World Bank approved an $86 million credit for the Malawi government to increase access to financial services and promote the entrepreneurship and capabilities of micro, small, and medium enterprises (MSMEs) in Malawi.
The United Nations World Food Programme (WFP) welcomed a new contribution of €800,000 from the European Union (EU) to help provide food assistance to the most food insecure refugees and asylum seekers in Malawi.
Integrated mobile network and ICT services provider TNM Plc, has partnered with KaiOS Technologies to launch the most affordable 4G KaiOS-enabled smart feature phone in Malawi.
Malawi’s three-year trajectory of increasing economic growth has been interrupted by the global COVID-19 (Coronavirus) pandemic, but the full extent of the pandemic’s negative impact is still uncertain as the crisis unfolds, says World Bank.
The World Bank approved a total of $157 million for the Malawi Watershed Services Improvement Project composed of a $78.5 million credit and $78.5 million grant from the International Development Association.
Pan-African telecoms group Liquid Telecom has announced that it is providing its multi-award-winning managed VSAT connectivity services to mbora, a pioneering new social enterprise in Malawi.
Malawi’s agriculture faces many challenges chief of whom is lack of extension services among rural subsistence farmers who form the largest farming population in the country.
Malawi and Zambia recorded reduced trade flows in March and April according to the latest report from the COMESA Statistics on COVID 19 Impacts on Trade.
Tanzania is well-positioned to integrate into the global digital economy, thanks to its growing economy and a rapidly developing innovation ecosystem, a new UNCTAD assessment says.
The World Bank approved a $100 million grant for the Malawi Governance to Enable Service Delivery Project with the objective of strengthening Local Authorities’ institutional performance, responsiveness to citizens, and management of resources.
Phatisa Food Fund and a group of co-investors, Norfund, Mbuyu Capital and DEG have acquired Southern African integrated agricultural solutions provider, Farming and Engineering Services Limited.
Governments and development agencies need to give greater consideration to conflicting objectives of different types of smallholder farmers when promoting sustainable agricultural intensification in sub-Saharan Africa, IIED reports.
Malawi is set to benefit from the enhanced market access for its products through a new COMESA led programme known as the Prioritizing Sanitary and Phyto Sanitary Investments for Market Access (P-IMA).
The World Bank approved $7 million in immediate funding to support Malawi’s response to the global COVID-19 pandemic under a new Malawi COVID-19 Emergency Response and Health Systems Preparedness project.
Diet diversification and food security in Malawi are distinct challenges as most farmers are used to growing and consuming cereals, especially maize.
Corporate sustainable sourcing commitments of leading food manufacturing companies are increasing demand for voluntary sustainability standard (VSS)-compliant sugar.
The Governments of Malawi and Zimbabwe have reviewed and added products to their Common List which will be traded between the two countries using the COMESA Simplified Trade Regime (STR).
UbuntuNet Alliance has signed a contract agreement with the Government of Malawi to provide affordable, fast and dedicated Internet connectivity and other research and education networking tools and services.
Nestlé Zimbabwe has appointed Eunice Ganyawu-Magwali as its new Managing Director for Zimbabwe, Zambia and Malawi.
Southern Africa in throes of climate emergency, 45 million people facing hunger across the region, WFP
A record 45 million people, mostly women and children in the 16-nation Southern African Development Community are gravely food insecure following repeated drought, widespread flooding and economic disarray.
Malawi launches Agricultural and Industrial Investment Corporation to drive private sector participation
The newly established Malawi Agricultural and Industrial Investment Corporation (MAIIC) is now in full force to drive private sector led economic development in the country.
UNICEF announces the opening of the first African Drone and Data Academy (ADDA) in Lilongwe, Malawi, to promote the use of drones in programmes and services that will impact the lives of children and young people.
President Peter Mutharika has officially launched the $95m Agriculture Commercialization Project (AGCOM) project in Malawi.
Airtel Malawi plans to raise $37.5 million (Rs267 crore) from an initial share sale, even as the parent Bharti Airtel prepares for a $3 billion fund raising exercise to pay of thousands of crores of statutory dues in India.
At least 300,000 highly vulnerable Malawian families will benefit from a new US$125.4 million programme that aims to increase their productivity and strengthen their market access.
One of Malawi’s first solar projects has reached financial close after attracting investment volume totaling $67 million USD.
Telecommunications and mobile services provider Airtel Africa has announced the intention to undertake an initial public offering of its local business, Airtel Malawi plc.
[Malawi] World Bank economic analysis urges for more investments in nutrition for stronger human capital
Malawi’s high levels of stunting and under-nutrition have led to estimated losses of $597 million per year due to increased healthcare costs and lower labor productivity and will continue to lead to lower wages and lost economic output in the future.
The Governing Board of the OPEC Fund for International Development (the OPEC Fund) has approved US$310 million of new funding to benefit developing countries across the globe.
Kassim Massi and Joyce Makawa have learned how conservation agriculture nurtures the soil of their 2.5-acres farm in Lemu, Malawi, and helps them to better cope with regular dry spells and storm rains.
Maher Maghraby, head of the Project of African Farms Egypt has announced that the country has started to establish three fish farms and an animal farm in four African countries.
The United Nations WFP welcomes a generous and timely contribution of US$4.5 million from the Government of the United States that will support 217,000 people facing severe hunger in Malawi during a region-wide food crisis.
Farmers in 12 districts are expected to benefit from climate resilience technologies and new crop varieties through an additional $4.4million provided by the Norwegian Ministry of Foreign Affairs.
[Malawi] EIB partners with FDH Bank to expand private sector financing, confirms new agriculture investment scheme
The European Investment Bank (EIB) and FDH Bank formally agreed their first loan agreement that will support private sector investment and open new agriculture schemes across Malawi.
A record 45 million people across the 16-nation Southern African Development Community (SADC) will be severely food insecure in the next six months, United Nations food agencies have warned.
Malawi receives $13.2 million for sustainable fisheries, aquaculture development and watershed management project
The African Development Bank Group has approved a $13.2 million financing package for a fisheries and aquaculture development project in Malawi.
Malawi’s national adoption of affordable, rugged, neonatal CPAP technology as a part of routine hospital care resulted in sustained improvements in the survival of babies with respiratory illness, according to a new study in the journal Pediatrics.
Clinton Foundation, AIF extend partnership to reduce hunger, support livelihoods in Malawi and Rwanda
The Clinton Foundation announced an expansion of its partnership with AIF to help source soybeans from farmers in Malawi that supports farmers’ livelihoods, strengthens local agricultural economies, and makes progress toward Zero Hunger.
Ethiopian Airlines will launch thrice weekly service to the city of Beira in central Mozambique via Malawi effective September 3, 2019.
The United Nations World Food Programme (WFP) in Malawi is deeply concerned about the worsening food situation for approximately 40,000 refugees and asylum-seekers following a cut in the amount of food assistance they receive.
[Column] Michael Arum: Sugar industry faces exacerbated decline and extinction on proposed regulations in Kenya
Kenya’s sugar industry has many natural advantages, almost all of which have been undermined by policy and public mismanagement that has seen its productivity slump.
Regional countries are set to increase market access for their agricultural products following the commencement of a new capacity building project.
Clinton Foundation, CIMMYT partner to improve access to climate-resilient maize seed in Eastern and Southern Africa
The Clinton Foundation and the International Maize and Wheat Improvement Centre (CIMMYT) are launching a partnership to improve access to and availability of climate-resilient maize varieties in Eastern and Southern Africa.
South African Airways (SAA) advises customers that due to the closure of the main runway at the Chileka International Airport in Blantyre, Malawi from 24 April to 24 July 2019, the airline’s operations have been affected.
Saudi Arabia’s largest mining company, Ma’aden, will make its first international acquisition with the purchase of an African Fertilizer distribution company.
Vivo Energy has announced its conclusion with Engen Holdings transaction, leading to expansion of its service station network to 8 new countries in Africa.
Standing inside his wholesale shop in Blantyre, Malawi, Asuman Mbalaga is busy checking his stock.
Catalyst Principal Partners, a Nairobi-based private equity firm has acquired three top tier mattress manufacturers in Uganda, Malawi and Kenya.
Malawi has been named a distant 10th of the top 15 African Exporters of Apparel to the United States under the African Growth & Opportunity Act (AGOA) Trade preference programme.
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) says there are policy alternatives that can protect borrowers from excessive interest rates instead of introducing interest rate caps.
Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end.
OFID, the OPEC Fund for International Development has signed a US$12 million public sector loan agreement with Malawi for a project aimed at improving health and living standards for circa 125,000 people.
Rare earths exploration and development company focused on Malawi Mkango Resources Ltd., has announced that the Government of Malawi has granted a further two-year renewal.
The U.S. Trade and Development Agency has awarded a grant to Golomoti JCM Solar Corporation (JCM), a Malawi-registered special purpose vehicle owned by JCM Power.
The International Centre of Insect Physiology and Ecology (icipe), Kenya, has been selected to manage the Regional Scholarship and Innovation Fund (RSIF).
Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries.
The Malawi Bureau of Standards has obtained the accreditation of its testing laboratories through the technical assistance provided by UNIDO and UNDP.
Millennium Challenge Corporation Vice President, General Counsel and Board Secretary Jeanne Hauch has marked the closeout of the MCC Malawi Compact at a ceremony to commemorate the official hand-over.
Malawi is the latest beneficiary of two regional integration projects expected to spur the leather and textile industry in the country. These are: a state of the art Leather Design Studio and a Garments and Textiles Incubation Center.
The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries.
The African Development Bank Group has approved a US$15 million grant from the African Development Fund for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people.
Through the African Development Fund’s recent envelope of financial instruments, Malawi has received US$14 million for scholarships and infrastructure for its Higher Education, Science and Technology (HEST) program.
The IMF team reached a staff-level agreement with the authorities of Malawi on the completion of the first review under the Extended Credit Facility (ECF), which is subject to the approval of the IMF Executive Board.