Malawi, US sign K28 bn solar power deal

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Malawi and Unites States of America have sealed  a multimillion-dollar deal which will bring US$36.7 million (about K28 billion) in US’s Overseas Private Investment Corporation (OPIC) loans to build a 26 Megawatt solar power facility in Nkhotakota.


Minister of Finance, Economic Planning and Development, Joseph Mwanamvekha says the country should have an in-depth reflection on cryptocurrencies and how the Central Bank and financial institutions will regulate it before accepting it as legal tender.



The day was October 11 and the time was around 10am. The temperatures were at boiling point.


United Nations Educational Scientific and Cultural Organization (Unesco) has officially handed over teaching and learning materials to Government worth approximately K30 million.

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