
WASHINGTON, October 18, 2017— The World Bank has approved $166 million to transform Malawi’s agricultural productivity through irrigation, lay the foundations for commercialization, and improve management of natural resources in the Shire Valley.
The financing, approved today by the World Bank Board of Executive Directors is for the first phase of the Shire Valley Transformation Program (SVTP-I). The funding consists of a $160 million credit from the International Development Association*, and a $5.59 million grant from the Global Environment Facility Trust Fund. Continue reading An Agenda to Transform Malawi’s Irrigated Agriculture: World Bank Approves $166 Million
