back to top

What a booster as AFREXIM Bank pledges to finance Mega Farms Project

Published on:

Share post:

Soon after his arrival on Saturday evening, President Lazarus McCarthy Chakwera, received a courtesy call from the African Export-Import Bank (Afreximbank) President and Board Chairman Prof. Benedict Oramah as one way of welcoming him. 

During the meeting, His Excellency Oramah expressed his profound gratitude to President Chakwera for honouring the bank’s invitation to participate in the 30th Afreximbank Annual Meetings taking place in Accra, Ghana from 18 to 21 June 2023.

Then on Sunday the African Import-Export bank (Afreximbank) full delegation met the president again where the Bank committed to help finance the establishment of Malawi’s mega farms project, President for the Pan African Multilateral Financial Institution, Professor Benedict Orama disclosed. 

“As a bank, we are ready to finance some of Malawi’s flagship projects such as mega farms and Industrial Parks as a way of enhancing development,” he said.

During the meeting with Afrexim Bank President Professor Orama, Chakwera was accompanied by the Minister of Finance Hon Sosten Alfred Gwengwe, Minister of Foreign Affairs Hon Nancy Tembo MP, the Minister of Agriculture Hon Sam Dalitso Kawale MP and others.

During the four-day Indaba, being held under the over overarching theme, Delivering the vision: Building prosperity for Africans, will feature keynote addresses, panel discussions, plenaries and fireside-type conversations focusing on African trade, trade finance and development issues, including the implementation of the AfCFTA.

Some of the topics listed for discussion include: Turbo-Charging Implementation of the AfCFTA; Building Prosperity for Africans: The Challenges of Peace and Security; What would it take for Africa to feed itself—Overcoming the challenges of food security for sustainable development in Africa; Building Prosperity: African Culture and Literature as a Foundation for African Renaissance; Delivering the Vision—Corporate Perspectives; and The Future of Integration in Africa.


Discover more from Nthanda Times

Subscribe to get the latest posts sent to your email.

Related articles

Chakweras congratulate Tabitha Chawinga for scooping Italian Serie A Women Golden Boot Award

Malawi President Dr. Lazarus McCarthy Chakwera and the First Lady, Monica Chakwera, have congratulated female footballer, Tabitha Chawinga, for scooping the Italian Serie A Woman Golden Boot Award.

Chakwera recounts the success of the Ghana trip

President Dr Lazarus McCarthy Chakwera has said his travel to Ghana to attend the Afrexim Bank annual meeting and has been highly successful and beneficial to the development agenda of the country.

Chakwera salutes Catholic bishops for giving him wise counsel

President Dr. Lazarus McCarthy Chakwera has commended the Catholic Church in Malawi for playing a key role the promoting democracy and good governance by giving State Presidents wise counsel while at the same time standing firm in truth.

NAP asks President Chakwera to urgently appoint Vice President

The National Advocacy Platform (NAP) – a grouping of civil society organizations championing good governance in Malawi – has called for urgency in the appointment of Vice President to ensure the departure of Vice President Dr. Saulos Klaus Chilima does not create a vaccum in the presidency.

Discover more from Nthanda Times

Subscribe now to keep reading and get access to the full archive.

Continue reading