Malawi has borrowed €95.5 million (K98.7 billion) from European Investment Bank (EIB) to rehabilitate part of the M1 Road, covering a stretch of 301 kilometres from Lumbadzi in Lilongwe to Chiweta in Rumphi. Apart from the loan, the European Union (EU) is supporting the works with a grant of €43.1 million (K44.5 billion). In a […]

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