By using this site, you agree to the Privacy Policy.
Accept
The Times GroupThe Times Group
  • Home
  • National
    National
    Get the latest National News from your trusted source.
    Show More
    Top News
    Dalitso Kabambe, tobacco bodies wrangle
    June 19, 2025
    K500 billion produce in east bridge deal
    June 17, 2023
    European Union invests K4 trillion in Malawi
    June 26, 2025
    Latest News
    Theatre of hospital lies
    November 14, 2026
    Lazarus Chakwera coy on political future
    November 14, 2026
    Rising maize prices stir food insecurity fears
    November 13, 2026
    BCC demolishes illegal structures in Ndirande
    November 13, 2026
  • Business
    Business
    Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media and finance.
    Show More
    Top News
    ‘Fuel permit suspension could disrupt production’
    November 5, 2026
    Press Corporation Limited invests K11 billion in ethanol plant upgrade
    July 27, 2023
    Cotton rakes in K4.7 billion
    June 30, 2023
    Latest News
    Comesa central banks confront policy hurdles
    November 13, 2026
    Reserve Bank mops K410 billion from market
    November 13, 2026
    MSE targets mining firms’ market entry
    November 12, 2026
    Honey industry faces setbacks
    November 12, 2026
  • Entertainment
    Entertainment
    Your source for entertainment news, celebrities, celeb news, and celebrity gossip. Check out the hottest fashion, photos, movies and TV shows!
    Show More
    Top News
    Thlupego Chisiza to be laid to rest today
    June 19, 2023
    Suffix to star for Malawi in Germany
    July 12, 2023
    All set for Malawi Has Talent elimination show
    July 28, 2023
    Latest News
    Zeze Kingston rallies local acts for New Year’s Eve gig
    November 13, 2026
    Jack Mapanje’s last verse rises from ‘Rare Earths’
    November 12, 2026
    Casino leads Maso chorus
    November 11, 2026
    Malawi, India bond in song of freedom
    November 10, 2026
  • Sports
    Sports
    Keeping you up to date on the latest sports news from Malawi and around the World. With live scores, fixtures from world of Football, Netball,…
    Show More
    Top News
    Finca unveils K100 million SRFL sponsorship
    March 13, 2026
    Precious Medical awards Patrick Mwaungulu, Alick Lungu
    July 27, 2023
    SKC Memorial Golf raises K251 million
    March 30, 2026
    Latest News
    Flames massacred 5-0 in Egypt
    November 14, 2026
    China tourney excites Scorchers
    November 13, 2026
    Flames face Egypt in crucial Afcon match
    November 13, 2026
    Flames step up preparations ahead of Egypt clash
    November 12, 2026
  • fyi
Search
More Categories
  • World
  • Features
  • Leisure
  • Social and Human interest
  • Digital & Technology
  • Advertise
  • About Us
  • Privacy Policy
  • Contact Us
© Copyright 2026, The Times Group. All Rights Reserved.
Reading: African Development Bank tips MW, TZ on sustainable growth
Share
Sign In
0

No products in the cart.

Notification Show More
Latest News
Theatre of hospital lies
National
Lazarus Chakwera coy on political future
National
Flames massacred 5-0 in Egypt
Sports
Rising maize prices stir food insecurity fears
National
BCC demolishes illegal structures in Ndirande
National
Aa
The Times GroupThe Times Group
0
Aa
Search
  • Home
  • National
  • Business
  • Sports
  • Entertainment
  • Features
  • World
  • Digital & Technology
  • Leisure
  • Social and Human interest
  • Times Radio
  • Read e-Paper
  • Exclusive Content
  • Dzuka Publishing Company Limited
Have an existing account? Sign In
Follow US
  • Advertise
  • About Us
  • Privacy Policy
  • Contact Us
© Copyright 2026, Times Group Media. All Rights Reserved.
The Times Group > Blog > Business > African Development Bank tips MW, TZ on sustainable growth
Business

African Development Bank tips MW, TZ on sustainable growth

Rebecca Chimjeka
Last updated: 2023/12/04 at 11:51 AM
Rebecca Chimjeka
Share
2 Min Read
KEEN—Mia (right) and other officials
SHARE

African Development Bank (AfDB) President Akinwuni Adesina has asked Malawi and Tanzania to take advantage of funding for the Songwe Multipurpose Dam and hydropower plant projects for enhanced productivity in the neighbouring countries.

He said this during a bilateral meeting on the Songwe River basin development programme on the sidelines of CoP28 in Dubai, the United Arab Emirates.

“This project needs Malawi and Tanzania to work together comparatively so that the citizens in the two countries should have improved energy, water, food, ecosystems and the environment,” Adesina said.

Adesina reiterated the banks’ commitment to supporting such projects that go a long way towards fostering regional integration.

- Advertisement -
Ad image

He said Malawi and Tanzania should adopt systematic measures in addressing climate change-related shocks.

- Advertisement -

Minister of Water and Sanitisation Abida Mia said the government is committed to ensuring the success of the projects.

“It is for this reason that the government of the Republic of Malawi, collaboratively with the government of the United Republic of Tanzania, seeks financing for this major project, which is estimated to cost $761 million.” Mia said.

She said the multi-purpose dam will also be used for water supply for consumption and irrigation as well. Tanzanian Minister of Water Juma Aweso thanked ADB for its unwavering support of the project.

He said that Tanzania and Malawi will cooperate with the bank and make sure that the project is completed within its timeframe.

- Advertisement -

“The multi-purpose dam will, among other things, be used for hydropower generation with a capacity of 80 megawatts to power the two countries,” Aweso said.

You Might Also Like

Comesa central banks confront policy hurdles

Reserve Bank mops K410 billion from market

MSE targets mining firms’ market entry

Honey industry faces setbacks

EU offers Malawi duty-free market for critical minerals

TAGGED: AfDB, Malawi, Tanzania

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Rebecca Chimjeka December 4, 2023
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article UNDP lobbies for energy inclusivity
Next Article 22 elderly people killed in 8 months
Leave a comment Leave a comment

Click here to cancel reply.

Please Login to Comment.

Stay Connected

554.5k Followers Like
120.8k Followers Follow
5.5k Followers Follow
28.6k Subscribers Subscribe

Latest News

Theatre of hospital lies
National November 14, 2026
Lazarus Chakwera coy on political future
National November 14, 2026
Flames massacred 5-0 in Egypt
Sports November 14, 2026
Rising maize prices stir food insecurity fears
National November 13, 2026
//

The Times Group is a multi-award winning media group and the only 360 media house in Malawi.

About Us

  • Company Profile
  • Rate Cards
  • Vacancies
  • Privacy Policy
  • Contact Us

Quick Links

  • e-Edition
  • Times Radio
  • Subscribe for Exclusive Content
  • Submit a Story
The Times GroupThe Times Group
Follow US

© Copyright 2026, The Times Group. All Rights Reserved.

  • Advertise
  • About Us
  • Privacy Policy
  • Contact Us

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?