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Saturday, December 14, 2019

K1.1 trn Afreximbank facility on track—RBM – The Nation Online

K1.1 trn Afreximbank facility on track—RBM – The Nation Online: The Reserve Bank of Malawi (RBM) says the $1.4 billion (about K1.1 trillion) Afreximbank investment facility is registering implementation progress as further follow up Memorandum of Understandings (MOUs) with local firms were recently signed with some in the pipeline.

Earlier this year Afreximbank president Benedict Oramah visited the country and held a series of meetings with local private sector representatives. He also met President Peter Mutharika to announce the provision of the facility.

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