Ecobank Malawi has obtained a $10 million trade financing guarantee from Proparco, which will enable the bank to secure confirmation lines on Letters of Credit for the importation of strategic commodities like fertilizers.
In a pioneering move within the realm of savings and credit cooperatives (Saccos), Mudi Sacco has emerged as a trailblazer by introducing its innovative WhatsApp Chatbot exclusively for its members, marking a significant leap forward in technological integration among over 40 Saccos nationwide.
Malawi is facing rampant theft of utility equipment, such as water board meters, more than ever before.
Members of the community are turning to any metal they see, vandalizing it or stealing it to se...