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.

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 16^th 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.