Month: October 2017 Posts

World Bank committed to end poverty in Malawi

Oct 20, 2017 Martha Chikoti 71 &

The World Bank says it is committed to end poverty in Malawi. The Bank's Senior Social Development Specialist Mwikali Wambua made the remarks during End Poverty Day commemoration event on Tuesday in Lilongwe. Wambua said… ...

Malawi to lose trillions of dollars because of child marriages

Jun 28, 2017 Martha Chikoti 28 &

The World Bank has said that child marriages will cost developing countries such as Malawi trillions of dollars by 2030. This has been revealed in the Economic Impacts of Child Marriages report published by the… ...

World Bank loans Malawi $72.4 Million

Jun 06, 2017 Archangel Nzangaya 2 &

The World Bank has given Malawi a $72.4 million (K52.5 billion) loan to build digital foundations needed to help the country connect to the global digital economy. According to a press statement from the World… ...

Malawi told to control urbanisation

Jun 03, 2017 Martha Chikoti 1 &

The World Bank says Malawi needs to manage its urbanisation process as this will be critical to the country's effort to boost resilience, reduce poverty and achieve sustainable growth. In the fifth edition of the… ...

World Bank gives Malawi K69 billion

May 30, 2017 Victoria Milanzi 2 &

World Bank has pumped in $95 million (K69 billion) to commercialise agriculture sector in the country. According to a press statement released by World Bank, the funds will boost the quality and quantity of various… ...

Malawi not prepared for pandemics

May 28, 2017 Martha Chikoti 0 &

Most countries, including Malawi, are not adequately prepared for a pandemic and the world is still doing too little to strengthen pandemic preparedness, according to a report by the World Bank. The report entitled From… ...

Many banks using collateral registry system

May 10, 2017 Victoria Milanzi 0 &

The Department of Registrar General has said financial institutions’ response to the collateral registry system has been overwhelming as many banks are using the system. The system was introduced in Malawi to allow banks and… ...