Category: Agriculture

* Through the Mega Farm Support Unit, the tractors will be made available to any qualified farmer on a credit basis * MAIIC and NEEF to administer agricultural production loans and a waiver on the farmer’s financial history and collateral will also be considered * The farmers are being assisted in developing a bankable farm business plan as a basis for credit assessment By Duncan Mlanjira The Ministry of Agriculture on Monday unveiled eight new tractors with associated implements that…

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Chakwera sampled the state of the road last month * We are happy that our request for the road, which has been overdue, is now being fulfilled—Senior Chief Chowe * The road condition has been a serious concern among the residents of Mangochi, particularly people along the road as well as road users * The road will facilitate inter and intra trade activities—President Chakwera By Bishop Witmos & Maston Kaiya, MANA Chiefs in Mangochi have expressed optimism of an…

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The President and the First Lady appreciating coffee that has been value added * The K300 billion (US$285 million) World Bank facility is adjusted from US$95 million of the first phase * Will give over one million smallholder farmers a huge boost for them to simultaneously improve livelihoods * Build lasting synergies and enter into new export frontiers within the Africa Continental Free Trade Area and other global markets By James Mwale, MANA President Lazarus Chakwera has hailed the…

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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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* 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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* 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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