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Marcel Chimwala

Malawi seeking a strategic investor for 350 MW hydropower plant

17th January 2020 The Malawi Government is seeking a strategic investor to develop the 350 MW Mpatamanga Hydro Power Plant on the Shire River, which is estimated to cost US$472-million.   

AfDB extends $36.7m loan for road rehabilitation project

17th January 2020 Malawi has secured a $36.7-million concessional loan from the African Development Bank (AfDB) for the rehabilitation of a 55 km road that connects the districts of Ntcheu and Machinga, in the central and Machinga and eastern regions of the country respectively. The initiative is part of the... 

Malawi seeks investor for 258 MW hydropower plant on Shire river

10th May 2019 Malawi has signed a joint development agreement with the World Bank to secure financing for the construction of the planned 258 MW  Mpatamanga hydropower plant,  on the Shire river. Department of Energy Affairs spokesperson Saidi Banda says that, under the agreement, the Malawi government and the... 

€120m funding for rehabilitation of Malawi’s longest road

8th February 2019 The European Union has agreed to €120-million for rehabilitation of stretches of the M1 road in Malawi, the longest in the country, which runs from the northern to the southern borders. The funds comprise a €80-million loan and a €40-million grant, which the European Investment Bank will make... 

Bids sought for water and sanitation project

17th August 2018 Malawi’s Northern Region Water Board (NRWB) is inviting eligible consulting firms to indicate their interest in undertaking preparing detailed designs and rendering construction supervision for the Nkhata Bay town water supply and sanitation project. The Malawi government will finance the project... 

Malawi aviation safety and security equipment upgrade

8th June 2018 The Malawi government is inviting expressions of interest in upgrading and replacing aviation safety and security equipment at two of the country's major airports. for Kamuzu International Airport (KIA) in the capital Lilongwe and Chileka International Airport (CIA) in the commercial city Blantyre. 

Malawi seeks funding for new dam to shore up supply to Mzuzu

20th April 2018 Malawi’s Northern Region Water Board (NRWB) is seeking $120-million in financing for a new dam to supply the city of Mzuzu. Mzuzu and surrounding areas rely on the Lunyangwa dam, which can no longer meet increasing water demand from a growing population. 

Development finance may unlock Moz–Malawi interconnector

9th March 2018 The European Union (EU) and the German Development Bank (KfW) are to extend a E20-million grant to Malawi to partially finance the $127-million Mozambique–Malawi electricity interconnector project. Malawi is keen to fast-track the project so that it can start importing electricity from... 

Malawi contracts Japan’s Mitsubishi to build 18 MW hydopower plant

11th August 2017 Malawi State-owned utility the Electricity Generation Company (Egenco) has contracted Japan’s Mitsubishi Corporation to construct the 18 MW Tedzani IV power station, on Shire river. The Malawi government and the Japanese International Cooperation Agency will jointly finance the project, where... 

Malawi central bank seeks forex reporting system

14th July 2017 Malawi's central bank is inviting bids for the supply, installation and commissioning of a cross-border foreign exchange reporting system (CFERS) and for the supply and installation of a transformer and ring main unit. The bank is also looking to appoint a contractor to supply, install and... 

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