• Malawi
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 19, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Government of Malawi
The holder of the loan, grant, or other investment.
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 36.86 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 64.72 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 12, 2020

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Project Description

According to bank provided intofrmation, the project objectives are two-fold:

  1. at regional level, the objective shall contribute to improving road transportation and trade facilitation along the Nacala Transport Corridor; and
  2. at national level, the project shall contribute to reduction of transportation costs along the Lilongwe-Blantyre and Liwonde-Mangochi road corridors respectively

The proposed project, will involve (i) rehabilitation of a 55 km road between Nsipe and Liwonde along the Nacala Road Transport Corridor and (ii) feasibility study of the Salima- Nkhotakhota-Dwangwa Road on the north-south corridor. The project shall be Phase V of the Multinational Nacala Road Corridor Project which the Bank and other development partners are supporting in Malawi, Mozambique and Zambia. The Nacala Road Corridor stretches from Lusaka in Zambia and transverses through Malawi to the port of Nacala in Mozambique.

Investment Description
  • African Development Bank (AFDB)

Total cost: 46702857.14
Currency: UAC

Source(s) of financing
ADF: 26600000
Cofinanced: 15388571.43
Government: 4714285.71

Contact Information

Task Manager: MAKASA Davies Bwalya, RDGS1


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