Standard Bank - BOL to Wallet

World Bank Commits $60 million Towards Kapichira Hydropower Plant

Minister of Finance Sosten Gwengwe says World Bank board has committed 60 million United States Dollars towards rehabilitation of Kapichira hydropower plant which was shut down after extensive damage by floods.

The Finance minister says this is a hybrid facility of a concessional loan and grant facility, details of which, will be discussed in parliament in the July sitting.

Read 1719 times

Last modified on Wednesday, 01/06/2022

Login to post comments

NEWS IN BRIEF

German Ambassador Leads Blood Drive Amid Malawi's Critical Shortage

The German ambassador to Malawi says the persistent shortage of…
Read more...

Blantyre Police Engages Motorcycle Operators

Blantyre Police on Thursday engages motorcycle taxi operators in Blantyre…
Read more...

MDF Calls For Patience Amidst VP Plane Crash Probe

In light of the plane crash that led to the…
Read more...

Chakwera Seeks Foriegn Aid in VP Death Probe

President Lazarus Chakwera has asked development partners to assist Malawi…
Read more...

Malawians who Abandoned Israeli Farms Deported

The Malawi government says Israel has deported 12 Malawian workers…
Read more...
Go to top
JSN Time 2 is designed by JoomlaShine.com | powered by JSN Sun Framework