Accelerating Structural Transformation in Malawi

Minister of Mining Hon. Monica Chang'anamuno and other delegates at the EDF pavilion

EDF participates in Malawi Mining Investment Forum

Export Development Fund (EDF) recently attended the first ever Malawi Mining Investment Forum held in Lilongwe. The event provided a good platform for players in the mining sector to meet and discuss issues affecting the growth of the sector.

Focused on fostering a structured market for gold and gemstones in Malawi, EDF's presence at the forum underscored its commitment to supporting investments and initiatives that aim to uplift the mining sector.

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Moffat Musukwa, EDF Chief Finance Officer leading the tree planting exercise

EDF Commits to Restore the Environment in Gold Hotspot Areas

The Export Development Fund (EDF) has reaffirmed its commitment to promote responsible mining and environmental management especially in areas where gold mining activities are taking place across the country. The commitment was made in Dwangwa, Nkhotakota during a tree planting exercise organised by the Fund.

Chief Finance Officer for EDF Moffat Musukwa said EDF recognizes the environmental challenges posed by the gold mining activities hence the emphasis on the importance of sustainable practices that preserve nature.

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The Malawi delegation at IATF 2023 led by Minister of Trade and Industry Hon. Sosten Gwengwe, MP.

Reflections on Malawi's IATF 2023 participation

As the echoes of the 2023 Intra African Trade Fair (IATF) settle, it's time to revisit the key benefits for Malawi’s participation at this event. The nation showcased its economic diversity, emphasizing key sectors and trade opportunities that positioned Malawi as an important player in the African economic arena. The IATF wasn't just a trade fair; it was a canvas where Malawi painted its economic portrait, capturing the attention and interest of international stakeholders. As we reflect on the deals and engagements made at the IATF, let us look at the synergy that defined the country’s presence at the IATF.

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EDF disburses over K80 billion to businesses within 10 years.

EDF disburses over K80 billion to businesses within 10 years.

The Export Development Fund (EDF) has disbursed funding worth K82.96 billion to businesses between 2014 and 2022. This funding has gone towards support of various transformative export-oriented transactions and infrastructural projects.

According to the recently released integrated report, EDF made the funding available to about 98 of customers within the last ten years. Through this support the institution has contributed to the creation of over 25,000 jobs and saving at least 14,000 jobs.

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SADC-DFRC and EDF conduct an Export Credit Finance Training

SADC-DFRC and EDF conduct an Export Credit Finance Training

The SADC Development Finance Resource Centre (SADC - DFRC) in collaboration with the Export Development Fund (EDF) of Malawi conducted a training on Export Credit Finance in Lilongwe from 28th – 30th August 2023. The training focused on basic principles of export credit finance, financial structuring of transactions, due diligence for underwriting transactions and commercial risk assessments of projects among others.

This has come at a time when export credit finance is becoming more important amidst growing demands for the country to expand its export trade footprints within the African region and beyond by growing the existing markets and opening frontier markets.

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EDF and Norsad Capital Forge Partnership to Boost Export Potential and Economic Growth.

EDF and Norsad Capital Forge Partnership to Boost 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 business opportunities including provision of financing, investment, and technical support to Malawian businesses. The two institutions will also share investment avenues, especially when funding requirements transcend individual thresholds.

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Contact Information

Export Development Fund
Public Service Pension Trust Fund House, 1st Floor, Plot Number 13/41, Presidential Way Drive Opposite Golden Peacock Office Complex. Lilongwe, Malawi
+265 992 859 129 / 882 415 633
edf@edf.mw

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