One notable outcome of IMF Program is the unlocking of foreign investments

Chakwera won the confidence of the IMF * The ECF arrangement is also expected to catalyze grant financing and capital inflows including foreign direct investment and trade credit * This would pave the way for increased foreign direct investments, fostering productivity and economic stability Analysis by Laison Kamkole One of the substantial benefits of Malawi’s qualification for the extended credit facility (ECF) programme from the International Monetary Fund (IMF), is the unlocking of foreign investments, with several development partners…

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FDH Bank Plc seals landmark trade deal with Afreximbank of US$10m for agricultural procurement in Southern African region

* The facility agreement will empower FDH Bank to efficiently pool procurement for the upcoming 2023/2024 growing season * Aligning with Malawi Government’s strategy to bolster agricultural activities * The deal is a milestone that not only reinforces the bond between Afreximbank and FDH Bank * But also positions FDH as the first bank in Southern Africa to access a facility under Africa Trade Exchange By Duncan Mlanjira FDH Bank Plc has signed a landmark trade deal of US$10…

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Agricultural extension workers advised to share weather tips with farmers

Farmers displaying their produce during the fair * Best weather knowledge to famers will help them prepare well for the 2023/24 growing season * And reduce the impact of disasters by, among other things, helping them to refrain from cultivating along river banks By Harold Mtepatepa, MANA Director for Lilongwe District’s agriculture, environment & natural resources, Ezra Mbendera has urged agricultural extension workers to share accurate weather information with farmers for them to make informed decisions on the crops…

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Watering MW2063 through mega farms

* All these years, I depended on rain-fed farming, which has not been very rewarding due to recurring climate shocks—beneficiary farmer, Emily Chamwalira * I know this is possible because I have seen those who joined the cooperative in 2017 developing—Beatrice Kauzungu By Leah Malimbasa, MANA For over two decades, 42-year-old Emily Chamwalira has been a farmer — but like many farmers in her village Lauchi, Traditional Authority Katunga in Chikwawa District, Chamwalira has nothing tangible to show for…

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IBM® and Heifer International empowering Malawian farmers with smart farming technology through OpenHarvest app

Using technology for modern farming * Malawian farmers rely on predictable rain seasons but that is steadily shifting due to climate change * When the rainy season arrives later than expected, many still follow outdated agronomy practices * That may lead them to plant too early or too late By Duncan Mlanjira OpenHarvest, a digital application that was developed by one of the worlds technology company, IBM® — in collaboration with global nonprofit Heifer International — has proved successful for…

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Expansion of LUANAR through state-of-the-art resource centre and lecture theatres to commence in April 2024

* The construction of the two facilities shall see the increase of sitting capacity from current 5,000 to 9,000 * A consultant has been identified and engaged to design and oversee its construction process By Duncan Mlanjira At the graduation of over 2,400 outstanding individuals who completed their studies at Lilongwe University of Agriculture & Natural Resources (LUANAR) today, President Lazarus Chakwera announced that the expansion of the institution will be extended through state-of-the-art resource centre and lecture theatres…

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Malawi can self-sustain-Chakwera after inspecting wheat harvesting in Dowa

* This country has the potential to become self-dependent provided we find the right solutions to our challenges * As Chakwera also officially launched this year’s affordable inputs programme (AIP) * With a message that the country must get into serious agricultural productivity to turn around the economy By Sylvester Kumwenda & Wanangwa Tembo, MANA President Lazarus Chakwera has said Malawi has the potential of becoming a self-reliant country through innovations in sectors like agriculture after he inspected wheat…

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President Chakwera’s full speech at the launch of 1,069-hectare KAMA Cooperative Mega Farm

Ladies and Gentlemen, when you are the youngest in the family, you find yourself surrounded by older people who are convinced they know better than you, powerful people who police you and tell you what you can’t and shouldn’t do. And if you are not careful, this can cause you to develop a mindset of timidity, a mindset that has you believing that you do not have what it takes to do great feats. In fact, in extreme cases,…

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President Chakwera launches 1,069-hectare cooperative mega farm in Chikwawa

* 193 members in T/A Katunga and Maseya expected to benefit from mechanised commercial farming * We are called an agro-based economy yet we produce so little. We need to produce more and export more By Leah Malimbasa, MANA President Lazarus Chakwera officially launched the 1,069-hectare Katunga-Maseya (KAMA) Cane-growers Cooperative Mega Farm in Chikwawa District, a mechanised commercial farming which is expected to benefit 193 members from the areas of Traditional Authorities Katunga and Maseya. The government injected K5.3…

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Agriculture Minister Kawale commends Morocco for continued support towards Malawi’s food security

Agriculture Minister Sam Kawale with his counterpart Professor Mohamed Sadiki * Towards cooperation in trade, agriculture, education, health and cultural exchanges * The agreements are aimed at enhancing collaboration and promote mutual benefits between the two countries By Timothy Kateta Minister of Agriculture, Sam Kawale has commended Morocco for supporting Malawi’s agriculture sector towards the country’s agenda of achieving food security and increased production for commercial purposes. Kawale said Malawi will always remain grateful for its unwavering support, saying:…

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