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Ecobank donates K5 million to Must Fund

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By Llywellenie Mpasa:

Ecobank Malawi has donated K5 million towards the Malawi University of Science and Technology (Must) Endowment Fund.

The endowment fund was established by the institution to mobilise resources to support under-privileged students with tuition fees and research programmes.

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Ecobank Head of Commercial Banking Victoria Chanza said the bank understood that financing challenges were enormous in institutions of higher learning, hence the support.

“We are pleased to support the Must Endowment Fund to assist in uplifting many geniuses who are under-privileged to access world class tertiary education offered at the university, “ Chanza said.

She further said that this is not the first time the bank has rendered support to Must as it also donated computers to be used for online classes by under-privileged students when the Covid pandemic was at its peak.

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Must Deputy Vice Chancellor Professor Jonathan Makuwira hailed the bank for the support.

“We would like to thank Ecobank for this donation, which will go a long way in supporting many unprivileged students,” Makuwira said.

Recently, Ecobank also donated 10.5 million towards the Presidential Charity Golf Initiative that seeks to raise funds for underprivileged students across all public universities.

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