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The board of Arab Bank for Economic Development in Africa (Badea) has approved a $50 million fuel financing revolving facility for the National Oil Company of Malawi (Nocma). Both Finance Minister Sosten Gwengwe and Nocma Deputy Chief Executive Officer Hellen Buluma confirmed the development in separate interviews Thursday. “This is the facility the President [Lazarus …
The post Badea approves $50 million fuel facility for Malawi appeared first on The Times Group Malawi.
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