Presidential Press Secretary Kasunda says AFREXIMBank pays for Chakwera’s trip, accommodation in Ghana

Presidential Press Secretary Anthony Kasunda has disclosed that the African Export-Import Bank (AFREXIMBANK) paid for President Dr Lazarus Chakwera’s tour of duty to Accra in Ghana.

Chakwera is currently attending the bank’s four-day annual meeting at Accra International Conference Centre, which began on Sunday, 18 June 2023. The meeting also mark the bank’s 30th anniversary.

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However, some quarters of the society raised concern with the presidential trip, saying the President could as well forgo it to save forex.

But Kasunda told national broadcaster – the Malawi Broadcasting Corporation (MBC) – on Sunday that Malawi did not pay for Chakwera’s travel and accommodation.

“The trip has been paid for. The bank chartered a plane and it has also paid for his accommodation,” he said.

The bank’s President Benedict Oramah has since paid a courtesy call on President Chakwera.

Chakwera said he will use the meeting to safeguard Malawi’s trade interests and to promote the country’s economy as a viable investment destination.

The Pan African multilateral financial institution, which is headquartered in Cairo – Egypt, has a long history of development financing with Malawi.