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Friday, May 1, 2015

Malawi gets $69m W/Bank credit to revamp road infrastructure

Malawi gets $69m W/Bank credit to revamp road infrastructure » business » News - StarAfrica.com - News – StarAfrica.com: "he World Bank has approved a $69 million credit to help improve Malawi’s road and border post infrastructure connecting the country to regional trade corridors in southern Africa, the Washington-based lender said in a statement on Thursday.“Malawi being a landlocked country needs to be well-connected to ports and other key cities through good quality roads to help reduce transport costs which are one of the major obstacles to increasing trade and economic growth,â€� says Richard Record, Acting Country Manager for Malawi."



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AfDB approves US$30m budgetary support for Malawi » business » News - StarAfrica.com - News – StarAfrica.com

AfDB approves US$30m budgetary support for Malawi » business » News - StarAfrica.com - News – StarAfrica.com: "AfDB approves US$30m budgetary support for Malawi
Posted by: APA Posted date : April 30, 2015 at 10:48 am UTC 45 views In : Business
African Development Bank (AfDB) has approved US$30 million budgetary support for Malawi, the bank announced Thursday.The bank said in a statement that the funds would help the country preserve the gains it made in expanding to basic services"



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