MALAWI’s PARLIAMENT PASSES LOAN BILL FOR ELECTRICITY EXPANSION

MALAWI’s PARLIAMENT PASSES LOAN BILL FOR ELECTRICITY EXPANSION

Parliament pass loan bill for electricity expansion in Malawi. Malawi parliament has passed a loan bill that will enable them borrow fund for the nation electricity expansion. The bill for the loan which is worth US$150m will aim to increase access to electricity in Malawi. According to Minister of Finance Joseph Mwanamvekha the project has three component; like grid electrification, off grid market developmentĀ  fund and technical support. During the meeting, the loan bill was…

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