Public Management

Malawi secures $4.4 mln Norwegian agricultural financing

Malawi secures $4.4 mln Norwegian agricultural financing
Friday, 15 November 2019 17:29

Norway has just allocated 40 million Norwegian Kroners ($4.4 million) to Malawi for the second phase of the Agriculture Sector Wide Approach Support Project (ASWAp SPII). Funds will be channeled through the Multi-Donor Trust Fund (MDTF) managed by the World Bank.

This framework program aims to increase and diversify the country’s agricultural production with the promotion of climate-resilient technologies, new agricultural varieties and improved agricultural practices. It runs from 2018 to 2021 and is expected to benefit 350,000 people in 12 districts across the country.

“The collective effort of development partners in supporting ASWAp SPII in Malawi continues to show impact and good outcomes in nutrition and women empowerment, leading to more inclusive economic growth and increased resilience in Agriculture,” said Greg Toulmin, World Bank’s Country Manager for Malawi.

In Malawi, the agricultural sector provides nearly one-third of GDP according to the AfDB.

Espoir Olodo

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
A state-owned banking holding is planned for launch in 2026 The structure will centralize and manage public shareholdings in banks The move follows a...
The bank received its provisional headquarters in Nigeria on February 2 Initial capital is set at $500 million, with a long-term target...
IFC to set up CFA17bn guarantee for Orange Bank digital SME loans Facility covers up to 50% of loans in Côte d’Ivoire, Senegal Scheme targets SMEs,...
Uber ended its operations in Tanzania on January 30, 2026 The exit follows years of tension over fares, commissions, and regulation The move...
Most Read
01

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
02

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
03

Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...

Nigeria’s central bank upgrades fintech licenses amid rapid digital growth
04

ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the...

ECOWAS grants CFA400mln to support refugee assistance in northern Togo
05

Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...

Crypto Sovereignty Was CAR’s Goal. A Report Says Crime Risks Took Hold Instead
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.