EDF Welcomes New Board Members Through Induction Programme
The Fund recently inducted its newly appointed Board Members- Rodrick Wiyo, Esther Machado, Clemence Chimkono, and Christopher Masanje, as part of onboarding them into the institution’s governance framework. The induction programme was designed to equip the incoming Directors with a clear understanding of EDF’s mandate, strategic priorities, and operating model. Engagements with Management provided context...
EDF Honours Outgoing Board Members for Service and Leadership
The Fund recently hosted a farewell dinner in honour of its outgoing Board Members- Martin Siwu, Martha Kaukonde, Tobias Chinkhwangwa, and Chakudza Linje, in recognition of their service and contribution to the institution’s governance and strategic direction. The evening brought together members of the Board and management to recognise the outgoing Directors’ contribution to the...
SADC DFRC and EDF Train Malawi Stakeholders on Infrastructure Finance and PPPs
The Southern African Development Community Development Finance Resource Centre (SADC-DFRC), in partnership with the Export Development Fund (EDF), hosted a specialized training on infrastructure finance and Public-Private Partnership (PPP) structuring and implementation at the Bingu International Convention Centre (BICC) in Lilongwe. The program brought together participants from leading commercial banks, development finance institutions, and government...
EDF Launches Malawi Trade Report 2025, Calls for Bold Action to Transform Economy
The Export Development Fund (EDF) has launched the first ever Malawi Trade Report 2025, a landmark publication that lays bare the country’s trade realities and charts a path toward resilience and competitiveness in a volatile global economy. The report, themed “Resilience and Realignment: Tracking Malawi’s Trade in a Volatile Global Economy,” reveals sobering statistics: Malawi’s...
EDF Earns an ‘A’ Rating in Development Impact Assessment
The Export Development Fund (EDF) has received an ‘A’ rating for development impact following a peer review assessment by the Association of African Development Finance Institutions (AADFI). EDF has been awarded the Prudential Standards and Guidelines Rating System (PSGRS) Rating Award for achieving a performance result of A in the 2024 PSGRS Rating exercise. The...
New UK Trade Scheme Eases Export Rules for Malawian Businesses
The United Kingdom has introduced a new trade scheme that grants Malawi duty-free, quota-free access to 99.8% of its exports to the UK, a move expected to boost Malawi’s export sector. The Developing Countries Trading Scheme (DCTS), launched in 2023, replaces the Generalised Scheme of Preferences (GSP) that previously governed Malawi-UK trade. The DCTS offers...
EDF Posts Strong Financial Performance in 2024: Profit Rises by 95%
The Export Development Fund (EDF) has reported a strong financial performance for the year ended 31 December 2024, with profit after tax rising by 95% to K18.9 billion, compared to K9.7 billion in 2023. This growth reflects EDF’s focused support towards high-potential, export-oriented sectors and significant recoveries from loan impairment provisions. According to the audited financial...
EDF Encourages Macadamia and Mango Value Chain Players to Explore its Financing Options
The Export Development Fund (EDF) has encouraged businesses in the macadamia and mango value chains to explore the financing options it offers to support their operations. The call was made during a workshop organized by the Malawi Investment and Trade Centre (MITC) and the Malawi Value Chain (MVC) project for mango and macadamia value chain...
Export Development Fund and Norsad Capital Forge Strategic Partnership to Boost Malawi’s Export Potential and Economic Growth.
Export Development Fund (EDF) and Norsad Capital have joined forces to support Malawi’s export potential and economic growth. The partnership was unveiled on Wednesday, the 16th of August, in Lilongwe following the signing of a Memorandum of Understanding (MOU), between the two institutions. Under the MOU, EDF and Norsad Capital will collaborate in exploring potential...