Malawi will win war against poverty-Mutharika

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Malawi President Peter Mutharika says the country will certainly come victorious in the fight against poverty after the country has been named to be part of African nations to benefit from a $60 billion loan given to nations in the continent from the Chinese Government.

Chinese President Xi Jinping announced the package Friday at the Forum on China-Africa Cooperation (FOCAC) summit in Johannesburg.

Xi also pledged non-interference in regional politics, saying “China strongly believes Africa belongs to the African people and African problems should be handled by the African people.”

Western governments have accused China of ignoring wars and human rights abuses in Africa as it pursues trade and the continent’s raw materials.

Peter Mutharika, Xi Jinping

Mutharika with Jinping at the forum in RSA.

Current African Union Chairman and Zimbabwean leader Robert Mugabe hailed the Chinese president, saying he is doing what Africa had expected its former colonizers to do.

In his remarks Mutharika thanked the Chinese government for the gesture while saying that the money Malawi will get will help the nation greatly.

Mutharika recounted that at the meeting, the Malawi ‘reviewed the implementation of various agreements signed since 2006, and outlined the course of action for development of China-Africa relations over the next few years.’.

”China is also a key partner in Malawi’s drive towards industrialization and development in general areas as infrastructure and technical training through our community colleges agenda. Malawi signed a number of agreements with China including a $600 Million pact for the development of the 300 megawatts Kam’mwamba coal-fired power generation plant.”

”Through these kind of agreements, I am very optimistic that Malawi will win the war against poverty soon.” Mutharika wrote on his Facebook page 22 hours ago.

President Xi said China’s package for Africa includes $5 billion in zero-interest loans and $35 billion in preferential financing, export credit loans and concessional loans.  He said China aims to develop infrastructure, improve agriculture, and reduce poverty on the continent.

In recent years, China has become Africa’s largest trading partner, with a two-way flow exceeding $220 billion in 2014.

”When the Chinese economy slowed this year, some African countries were hit hard by declining demand for commodities and reduced Chinese investment.” the Voa reported over the weekend.

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144 Comments

  1. Koma nd zoona kuti umphawi watha kumalawi nanga mankhwala mzipatala akupezeka, anthunso sakumwalila patsiku ambiri, kugula mankhwala anthu okha kwatha ndmalidandaula dziko langa ndalama zili m,boma koma anthu akuvutika zedi

  2. I doubt, if you’re failing to improve the problem of Electricity with our tax and the bills which Escom collects from us each and every month,what can you do with that cash?

  3. Sir mutarika are thinking for the future genaretion sir what about the loan ,we have money here what farming have you give the farmers they needs so that we can hav bamber havest,;(

  4. ok? i’ll watch and wait untill done…wadada usogoleri wanu uli nyatwa kholo lamzeru sirimangobwekabweka zopanda mzeru limakhala phee likupanga zamzeru ndi ndinuyo a bwana president keep it up

  5. Kkkkkkkkkkkkkkk hahahahahahaha here comes opitala aaaaaaa akanakhala mwana ameneyu bola akanangokhwakhwazidwa kumbuyo kwa truck. Kudalira akatapira basi

  6. Our president,, Mutionetse njira yobwedzera loan komaso uchite mwachangu, mwina ndingaone ubwino wako chifukwa zaka zako zolamulira zikutha, other wise adzakuvotera ndima professor adzako.

  7. Fighting poverty pogulitsa zipatala iii koma ine chibadwireni sindinaone ndichifukwa chake mvula sikubwera fertilizer 20 thousand kodi achimwene anu aja munkachezerana koma njala anaithetsa bwanji? Chiyambi cha mavuto pa Malawi

  8. HIE MY NAME IS EPHRAIM NYIRONGO AND I WANT TO REMIND YOU THAT PETER IS A JESWISS COME SATANIC HE AND MKHITHO KILLED CHASOWA SO TELL HIM TO NJAUJULISE ME AS WELL THE MOST DUMB IDIOT PROFFESSOR ON EARTH

  9. Ah zabwino zonse bwana koma umphawi palibe president amene adzathetsa anthufe tiyeneka kulimbika bola ndalamazo mutsitsile zinthu kuti anthu osauka azikwanitsa kugula

  10. Zinja timati votelani muthu wina wazelu ndizimenezi sopano awa ndimathero achuma achewa zelu zanu kupha ndikuononga basi ngongole akuti tilemera lero kkkkkkkkk uyuso azamwalira ngati achimwene ake akapanda kubweza peter is useless in Malawi kkkkkkkkk

  11. No No No No! Mr President,we Can Not Win The War On Poverty By Loans,tell Them “That Africa Too Needs *BAIL OUT*”sitikwilira Dzenje Pokumba Dzenje Limzake Ndiye Kuti Dzenje Lotsilizalo Tidzasowa Kotenga Dothi.

  12. bola osamatithushula ndi mwendo wanuwo,ife ndodya zoyoyoka pagome lanu bwana…Leader of no shame & soul..poor ppo alwys pay 4d loan..poverty fight my foot!

  13. bambo kuuza ana ake umphawi utha tipeza ngongole, chikole? chiongola dzanja? the country full of corruption only the elite will get the share,osauka asaukirabe,is where there is a line btwn wisdom and intelligence,no hope for a poor man.

  14. makepe they dnt evn knw what they a seyn,,,a president how can u fyt poverty while tek a loan,,,,,,and ndikuzikonda kwake kumeneko komaso kupanda umunthu kwanuko,,dola zimenezo ndizanu ovious nat amalawi,,,,makutu anu,,God wll punish u,,die soon

  15. Munava kuti ngongore imathetsa umphawi? Inu mudzakongoza liti ? Kodi mmesa inu ndi professor ? Kkkkkkkkkkkkkkkkkkk president to my foot ndikupemerera dikira mdala iwe

  16. Peter mutharika asamaiwale kuti abambo ake kunyasalandi anabwelela kuzapelekela crushton munseu wanjanji amai ake atayamba kulankhula chichewa ndichilomwe ku tyolo ku church komwe ankapemphela anakwezedwa kukhala wamkulu kwa azimai amvano, so iwe peter mutharika dziwa kt ndiwe folena dziko la malawi chatap

  17. Magetsi, madz, njala,kudula kwazinthu koma malipiro ochepa, msökhoxo mukutikwapula nawo, why owez malawi? nw malawi z d poorest nation of all, why?

  18. Bigup Mr President,U are wining back the trustworth from the dona comunity that was lost by the gone government.Keep the fire burnig

  19. loan imeneyi yadabwitsa bwanji machende tidulidwa basi ndi kape wakwagoliatiyu chomwe anthu mumapangira matama kuti galuyi ndi ophunzira ndichiti ndiye ino ndi 2015 kwasala zingati kuti tipume ife

  20. AMANGOMVA KUTHESA UMPHAWI MMMMMMMM KKKKKKKKK KUTHESA UMPHAWI KUMAYAMBA ANTHU AZIGWIRA NTCHITO. KODI NTCHITO ANGAPANGE CREATE BWANJI ,KULIMA MBEWU FROM MANGOCHI TO NSANJE MBEUZO AZIGULISA MMALAWI KOMANSO MAIKO AKUNJA, EXAMPLE TURKEY IMAGULISA MA VEGETABLES KU RUSSIA, KODI IFE TINAYAMBAPO TAGULISA MBEU MMAIKO AKUNJA? ??NO, KODI MADZI AMUSHIRE TIZINGOWATAYA? ??????????? TAZUKANI MALAWI PLZ

  21. Team East and forget west loans @ Nkoyola what is not clear?I thought people get loans from banks to boost farming and bussinesss then become rich mwatani mwachepa nazo.Malawi got loan from South Africa to build Capital City was business not boosted?

  22. how osati tizingosaukirabe mukaona mgat ngongole imeneyo azakukhukulukuraniso? mupeleka n how our economy grow without electrity?? mr plulezident

  23. ok sakunena za dziko lino koma akunena zakayika ku ma Bank akwawo pajatu awa si a Malawi komanso anali ndi Green Card ya ku America. Uphawi akunenawo akunena wa ku mpingo kwake wa Dont People’s Pubric’s (DPP) komanso ndiamene amawathandiza monga akwaya,amayi avano,alaliriki,amolaro ndi atumiki nawo uphawi wawo watha obwenza ndiye ife?

  24. IIII TAMVELANI YAWA KKKK, AKULIMBILA MTIMA TINDALA TACHOKA KU CHINA TIJA MWAIWALA KUTI NDI JENDA 2063??? NDIYE MULI MOYOBE?? MULEKE KUCHITA CHITUKUKO CHANU. KOMA CHIKUDA.

  25. MUTHALIKA IS A PATHETIC LEADER,HE IS CELEBRATING BECOZ OF AID? PLZ MALAWI NEEDS A WAY THAT WIL MAKE MALAWI SASTANABLE AND NOT CELEBRATING FOR AID AND AFTER AL HE HAS EVERY REASON TO CELEBRATE BCOZ HE KNOWS HE WIL BE RICH,WHILE MALAWIANS ARE DYING.