Loans & Grants
24/04/2019 - Malawi’s recovery and reconstruction plans in the aftermath of Cyclone Idai has received a boost from the African Development Bank, which is supporting the country with an emergency relief package and measures to combat the effect of climate change in the Southern African region.
30/04/2014 - The Board of Directors of the African Development Group approved on Wednesday, April 30, 2014 an African Development Fund (ADF) loan of US $23.0 million, a loan of US $7.7 million from the Nigerian Trust Fund (NTF), and a grant of US $4.8 million from the Rural Water Supply and Sanitation Facility to support Malawi’s implement the Sustainable Rural Water and Sanitation Infrastructure for Improved Health and Livelihoods Project. The project is aligned with the Malawi Growth and Development Strategy, the AfDB’s 2013-2017 Country Strategy Paper and the Bank’s Ten-Year strategy focusing on African transformation through inclusive and green growth.
04/12/2013 - The Board of Directors of the African Development Fund (ADF), the concessionary arm of the African Development Bank (AfDB) Group, approved on Tuesday, December 3 a loan of US $65.0 million and a grant of US $900,000 to Malawi, and a loan of US $7.7 million to Zambia, respectively, for a total of about US $73.6 million, for the Multinational Nacala Road Corridor Development Project Phase IV.
18/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of outward-looking small and medium enterprises (SMEs) and mid-market African firms, particularly in low-income and fragile states within various sectors in Africa, thereby boosting income generation and job creation.
10/10/2013 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on 9 October 2013,a grant amounting to UA 2.98 million (about US$ 4.6 million), to finance the Public Finance Management (PFM) Institutional Support Project in Malawi.
23/05/2013 - The African Development Bank and the Government of Malawi (GoM) signed two grants amounting to UA 6 million (about US $9 million) on May 23, for budgetary support and a Hydroelectric Power Plant Feasibility Study. The US $6 million additional Crisis Response Budgetary Support follows the initial US $39 million provided in July 2012 to support Malawi’s reforms aimed at restoring macroeconomic stability and enhancing public finance management, as well as support social protection measures.
26/03/2013 - The African Development Bank (AfDB) Group approved, on March 25, 2013, a grant amounting to US $3.04 million to finance the Kholombidzo Hydroelectric Power Plant (HPP) Feasibility Studies in Malawi. The Government of Malawi will contribute US $0.23 million (7%) of the total study cost of US $3.27 million.
12/07/2012 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on Wednesday in Tunis a budget support grant of 26 million Units of Account, or approximately USD40 million, to assist the government of Malawi in cushioning vulnerable groups from the short-term negative impacts of recent economic reforms, and to continue the implementation of public finance management reform measures.