Malawi Government and the African Development Bank will today be signing three agreements worth MK37 billion, Finance Ministry has disclosed.

According to communication from the Finance Ministry dated July 29, 2014, The Agreements one of them is on the Nacala Road Corridor Phase 4 project worth $42.36 million, approximately MK26.4 billion, and a Grant agreement for $610,000 which is approximately MK379 million.

The other Agreements are one sustainable Rural Water and Sanitation Infrastructure for Improved Health and Livelihood Project amounting to $15 million, approximately MK9.4 billion; and the lower Shire Water Development Feasibility study of about $1.792 million, approximately MK993 million.

The Signing Ceremony will take place at the Ministry’s Conference Room at Capitol Hill in Lilongwe.

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