By Jones Gadama
The Export Development Fund (EDF) has achieved an impressive ‘A’ rating in development impact from the Association of African Development Finance Institutions (AADFI), cementing its position among the continent’s top-performing development finance institutions.
This recognition follows EDF’s outstanding 83 percent compliance score in the 2024 Prudential Standards and Guidelines Rating System (PSGRS), showcasing the fund’s strong governance, financial management, and operational efficiency.
According to EDF Managing Director Fredrick Chanza, “The recognition reflects not only our commitment to operational excellence and good governance but also our deep focus on delivering real, measurable impact for Malawi’s economy.” This achievement is expected to boost EDF’s ability to attract funding and establish new partnerships, ultimately supporting its mission to finance export-driven growth.
The AADFI rating system assesses development finance institutions based on governance, operation, financial management, and development impact.
EDF’s achievement underscores its dedication to delivering measurable impact for Malawi’s economy and positions it for continued success in supporting the country’s development goals.
