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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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