Posts Tagged ‘malawi roads’

AfDB Approves US $73 Million for Irrigation and Road Projects in Malawi

Posted on 14 Mar 2013 at 1:34pm

The African Development Bank (AfDB) Group approved, on March 13, 2013, grants and loans amounting to US $73 million to finance irrigation and road rehabilitation projects in Malawi.

The grants, totalling US $39.98 million from the Global Agriculture and Food Security Program (GAFSP) and the African Development Fund (ADF), will be used to finance the Smallholder Irrigation and Value Addition Project (SIVAP). A total of US $39.6 million will come from the GAFSP Multi-Donor Trust Fund, while the ADF will provide a grant of US $0.38 million.

The project aims is to contribute to food security, increased income levels and…

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