By Chisomo Phiri
CDH Investment Bank has strengthened its collaboration with the Lilongwe University of Agriculture and Natural Resources (LUANAR) by signing a US$120,000, approximately K210 million Memorandum of Understanding (MOU) that focuses on eco-forestry and tourism, solar energy infrastructure, and innovative student scholarships.
Speaking during the signing ceremony on Friday at LUANAR’s Bunda Campus, CDH Bank Chief Business Development Officer Jamal Kamoto praised the university for its effective management of a previous US$30,000 grant over the past three years.
“Our confidence in LUANAR’s ability to manage resources responsibly has led us to expand our support to US$120,000. This will help scale up ongoing initiatives and programs that benefit both students and the wider community,” said Kamoto.
On his part,LUANAR Vice Chancellor Professor Emmanuel Kaunda commended CDH Investment Bank for the partnership,saying the grant will enhance student opportunities and contribute to community development.
“The university is committed to managing these funds with integrity and purpose, ensuring they are used to deliver meaningful impact,” said Kaunda.
CDH Investment Bank is a leading financial institution in Malawi, providing a wide range of banking and investment services, including corporate banking, retail banking, advisory services, and investment management.
The bank is committed to supporting economic growth, innovation, and sustainable development through strategic partnerships, community engagement, and initiatives that foster education, environmental sustainability, and financial inclusion.
