CDH Investment Bank donates MK27 million to LUANAR

CDH Investment Bank donates MK27 million to LUANAR

Published on December 19, 2025 at 4:10 PM by Robert Ngwira

213 words • approx. 2 min read

As one way of fostering innovation and student development initiatives, CDH Investment Bank has donated MK27.8 million to Lilongwe University of Agriculture and Natural Resources (LUANAR).

The event follows the signing of a memorandum of understanding (MoU) between CDH Investment Bank and LUANAR in 2023, laying the foundation for collaborative efforts to foster innovation and talent development in Malawi’s agricultural sector.

MK16.7 million out of the MK27 million is designated for awarding winners of the Falling Walls Lab competition and supporting the university’s efforts in protecting intellectual property rights for innovative projects. This contribution is part of the bank’s second disbursement to LUANAR this year, which also included a successful tree-planting activity aimed at environmental sustainability.

The bank’s Chief Business Development Officer Jamal Kamoto said the bank remains committed to supporting innovation at LUANAR.

“Supporting innovation is vital for fostering resilience and growth across all sectors.

“Our partnership with LUANAR demonstrates our commitment to developing sustainable opportunities and contributing to the nation’s progress,” said Kamoto.

The Bank has also allocated MK10. 8 million to support talented students, emphasizing its dedication to nurturing future leaders and addressing skills gaps in agriculture.

LUANAR Vice Chancellor Professor Emmanuel Kaunda thanked CDH Investment Bank for the partnership and for supporting innovation at the institution.

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