Tag: world bank

World Bank Gives Malawi K2 Trillion

Published on June 21, 2021 by Flora Mitumba

The World Bank has approved $30 million (Around MK 2 trillion) in additional financing to support Malawi in the acquisition […]

World Bank readies COVID-19 vaccine funds for around 30 African countries

Published on March 4, 2021 by Face of Malawi

The World Bank is preparing emergency financing to help about 30 African countries access COVID-19 vaccines, the global lender told […]

World Bank to invest $5 billion in 11 African countries

Published on January 12, 2021 by Face of Malawi

The World Bank on Monday said it would invest over $5 billion over the next five years to help restore […]

World Bank predicts extreme poverty and depressed economies in Africa

Published on January 6, 2021 by Face of Malawi

The World Bank has called for rapid COVID-19 action, including a faster vaccination process, to limit the damage to global […]

Mali seizes 88 bars of gold worth $8.5 million hidden in car

Published on December 22, 2020 by Face of Malawi

Customs officers in Mali have seized gold estimated to be worth seven million euros ($8.5 million) hidden in a car. […]

DISASTER RESPONSE RECEIVES K44BN BOOST

Published on March 26, 2020 by FACE OF MALAWI

The World Bank, through its development arm International Development Association (IDA) has released an additional $60 million (about K44 billion) […]

World Bank Approves $57 Million for Mozambique-Malawi Regional Inter-connector Project

Published on September 20, 2019 by Flora Mitumba

The World Bank group has today approved a total of $57 million (about K41. 2 billion) for the Mozambique-Malawi Regional […]

Govt Promises to Reconstruct Damaged Infrastructures

Published on August 6, 2019 by Flora Mitumba

Government through the Ministry of Disaster Management Affairs (DoDMA) has said it is committed to reconstructing infrastructure that got damaged […]

Govt Says Financially Stable to Pay Promoted Civil servants

Published on April 24, 2019 by Flora Mitumba

Government said it has the financial muscle to support payment of salaries for its recently promoted civil servants. Within a […]

Construction of Dykes can help control floods in Malawi

Published on February 13, 2018 by FACE OF MALAWI

Following the increase hit of floods in some parts in Malawi, some people have brought in ideas on how to […]

Kamlepo ask IMF, World Bank to stop funding Malawi over seven rotten Cabinet Ministers

Published on October 4, 2016 by Robert Ngwira

Rumphi East Member of Parliament Kamlepo Kalua who is also Deputy Chairperson of Public Accounts Committee in parliament Kamlepo Kalua […]

World Bank gives Malawi $17 Million grant to fight TB

Published on June 1, 2016 by Robert Ngwira

The World Bank has announced the approval of US$122million for Tuberculosis (TB) interventions in four countries in Southern Africa. The […]

GOVT TO COME UP WITH APPROPRIATE MACRO-ECONOMIC POLICIES

Published on November 5, 2014 by FACE OF MALAWI

National Statistical Office (NSO) on Monday released the Integrated Household Panel Survey (IHPS) results with relevant data that will enable […]

President Mutharika scraps controversial student quota system

Published on September 1, 2014 by Face of Malawi

Malawi’s new president, Peter Mutharika, has done away with the controversial student quota system, saying that six more universities will […]

Malawi strives to educate more children

Published on August 29, 2014 by Face of Malawi

These students, nestled beneath a thatched roof at Nthuli Primary School in Malawi, sit among 100 or so of their […]

World Bank and Malawi inks two loan deals, worth MK34 Billion

Published on August 22, 2014 by Face of Malawi

Two loan deals, worth MK34 billion (about US$83.8 million) has been inked by the World Bank and Malawi, aimed at toughening the social safety […]

NSANJE PORT A GATE-WAY TO THE OUTER WORLD -SADC

Published on August 20, 2014 by Robert Ngwira

President Professor Arthur Peter Mutharika has said Southern African Development Community (SADC) Heads of State and Government in the just […]

Nigeria gets $293m from the World Bank, DFID finance to create jobs

Published on August 15, 2014 by Face of Malawi

The Nigerian government has secured over $293 million funding support from the World Bank and the UK Department for International […]