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...