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.
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.