National Bank of Malawi (NBM) plc has supported the Lilongwe University of Agriculture and Natural resources (Luanar) research dissemination conference with K2.7 million.

The Research Dissemination conference on ‘Sustainable Agricultural Transformation for Significance Growth of the Agricultural Sector’ scheduled for 13th and 14th October 2021 at the Bingu International Convention Centre (BICC).

Making the donation, NBM Capital City Service Centre Manager George Nyirenda attributed the sponsorship to the bank’s continued appreciation for the agricultural sector’s contribution towards the country’s employment rate, economic growth, poverty reduction, food security, and nutrition in this country. “We have been financing small scale and large-scale farmers in value chains of tobacco, maize, macadamia nuts and lemon grass. In fact, as at August 2021, NBM plc has financed farmers with over USD 18 million.” said Nyirenda.

Luanar Vice Chancellor Professor Emmanuel Kaunda thanked NBM for the support. “We are very grateful for the support we get from National Bank of Malawi. You have been supporting us in different events and we do not take this for granted, you are a true partner in agricultural development,” said Kaunda.