Saturday, January 23, 2021
  • About Us
  • ImagiNATION
  • Adverts
  • Rate Card
  • Contact Us
The Nation Online
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Danish Investment firm eyes Malawi

by Johnny Kasalika
14/09/2012
in Business News
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Dean Lungu sept13 | The Nation OnlineThe goodwill that has come with the new administration of Joyce Banda has attracted the Danish Investment Fund for Developing Countries (IFU) to finance business deals in the country.

RelatedHeadlines

Firm outlines 3 economic risks

NSO set for another GDP rebase in 2022

Income rise fails to narrow poverty gap—economist

The multi-billion dollar investment fund run by the Danish Government has already been in touch with the country’s business community to discuss joint venture deals in various sectors.

Founded  in 1967, IFU  aims to promote economic activity, advising and investing in developing countries.

”The economic environment has changed and we thought we should come back and explore investment opportunities that Malawi has…we have been talking to Press Corporation and met its chairperson Dean Lungu,” said IFU department director Peter Schwalbe.

Early this year, Scwalbe, accompanied by Johnny Ohgron Hansen —head of IFU southern Africa — met several business leaders to discuss joint venture deals.

”We are setting business opportunities and so far we are looking at financing joint ventures in the food processing industry, fisheries and industrial building,” Hansen said in a telephone interview from Johannesburg.

Lungu in an interview confirmed that PCL has been discussing possibilities of business opportunities with IFU in recent months.

“Discussions have been held and we are looking forward to more of this and possible joint ventures in the near future,” he said.

The economy desperately needs new investment to create more jobs and bolster the foreign exchange position which has been below the recommended three months of import cover for at least three years.

Previous Post

Malawi President admits crime surge

Next Post

Nigeria, Malawi agwilana manja

Related Posts

economy | The Nation Online
Business News

Firm outlines 3 economic risks

January 22, 2021
Most rural people such as these 
live in abject poverty
Business News

NSO set for another GDP rebase in 2022

January 22, 2021
poverty 1 | The Nation Online
Business News

Income rise fails to narrow poverty gap—economist

January 22, 2021
Next Post

Nigeria, Malawi agwilana manja

Trending Stories

  • Not yet given retirement benefits: Mutharika

    Tonse faulted on former presidents’ benefits

    0 shares
    Share 0 Tweet 0
  • FAM ex-co approves women’s national league

    0 shares
    Share 0 Tweet 0
  • High-profile official angered Wirima to quit

    0 shares
    Share 0 Tweet 0
  • Covid-19 initiative raises K18.3m in 2 days

    0 shares
    Share 0 Tweet 0
  • Biden becomes 46th American President

    0 shares
    Share 0 Tweet 0

Opinions and Columns

These Freedoms

Where is God in the Malawi Vision 2063?

January 22, 2021
Business Unpacked

Towards Malawi2063, lessons from Vision 2020

January 20, 2021
Rise and Shine

Never give up on resolutions

January 20, 2021
In pursuit of development

India’s vaccine drive

January 20, 2021
  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2021 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.