Tag: world bank

World Bank Approves $350 Million for Malawi’s Mpatamanga Hydro Power Project

Published on May 16, 2025 by Edgar Naitha

The World Bank has approved a $350 million (approximately K612.8 billion) grant facility for the Mpatamanga Hydro Power Project, according […]

New foreign exchange act sparks debate over exporters access to forex

Published on April 8, 2025 by Lisa Bandawe

Parliament of Malawi has passed the 2025 Foreign Exchange Bill, ushering in a new legal framework that replaces the decades […]

WORLD BANK TO SUPPORT MALAWI WITH k140 BILLION

Published on May 24, 2024 by Alice Mazinga

The World Bank has provided the additional support to Malawi worth 80 Million Dollars (about 140 Billion) to support the […]

Word Bank Approves Budget Support Package to Malawi

Published on December 13, 2023 by Caleb Bokosi

The world’s largest bank (World Bank) has announced that for the first time since 2017, it will provide budget support […]

Museveni hits out again at ‘insufferable’ World Bank

Published on August 19, 2023 by Robert Ngwira

Uganda’s President Yoweri Museveni has once again criticised the World Bank’s withdrawal of funding, saying that the organisation is mistaken […]

World Bank halts financial support to Uganda over anti-gay marriages law

Published on August 10, 2023 by Robert Ngwira

The World Bank has announced it will halt new loans to Uganda over the country’s controversial anti-LGBTQ law. The Washington, […]

World Bank Rules Out New Loans To Uganda Because Of The Country’s Ant-Gay Law

Published on August 9, 2023 by Evance Kapito

The World Bank says it will not consider new loans to Uganda after the East African country earlier this year […]

Transport minister says renovation works for Balaka-Ntcheu road to commence in the next financial year

Published on January 5, 2023 by Clara Phiri

Minister of Transport and Public Works, Jacob Hara has revealed that his ministry will restore the M1 road section from […]

PEOPLE IN NTCHISI OWNING MODERN HOUSES THROUGH SCTP

Published on October 18, 2022 by Clara Phiri

People in Ntchisi have benefited from the Social Cash Transfer Program (SCTP) by transforming their livelihoods, enabling them to construct […]

CHAKWERA TO IMPROVE MALAWI

Published on October 13, 2022 by Clara Phiri

President Dr. Lazarus Chakwera has ensured people in Chikawa on food security in the country and to put an end […]

RUMPHI DISTRICT COUNCIL CONSTRUCTS K21 MILLION MARKET SHED

Published on October 11, 2022 by Clara Phiri

Rumphi District Council has constructed a market shed worthy 21 million kwacha at Hewe in the area of Senior Chief […]

PROJECT TO IMPROVE WATER ACCESSIBILITY, SANITATION

Published on September 30, 2022 by Clara Phiri

Blantyre Water Board (BWB) in partnership with Blantyre City Council plans to proceed with the project to improve water accessibility […]

Chakwera Expresses Graditute With World Bank Partnership

Published on June 17, 2022 by FACE OF MALAWI

President Chakwera has expressed gratitude for the partnership between Malawi Government and the World Bank for the portfolio of project […]

Mutharika Oblivious of Falsified IMF Reports

Published on December 15, 2021 by Chisomo Kambale

Former President, Peter Mutharika said that he was not aware that figures presented to the International Monetary Fund (IMF) by […]

World Bank suspends aid to Sudan after military coup

Published on October 28, 2021 by Face of Malawi

The World Bank said Wednesday it has suspended aid to Sudan following the military takeover that deposed the prime minister. […]

Techno Brains under Probe in K50 Billion Passport Deal

Published on October 14, 2021 by Chisomo Kambale

Information at FaceofMalawi News Desk has indicated that the Parliamentary International Relations Committed has instituted Probe into multi-billion Kwacha passport […]

World Bank lists Nigeria among 10 countries with high debt risk exposure

Published on August 11, 2021 by Mc Noel Kasinja

The World Bank listed Nigeria among the top 10 countries with high debt risk exposure. This was revealed in the financial […]

World Bank, AU agree to vaccinate 400m Africans

Published on June 27, 2021 by Face of Malawi

The World Bank and African Union have partnered to support the Africa Vaccine Acquisition Task Team (AVATT) initiative with resources to allow […]