Overview
About Export Development Fund Mw
Export Development Fund (EDF) is a Development Finance Institution (DFI) mandated to promote the growth as well as diversification of the country’s exports. Our mission is to accelerate structural transformation in Malawi through various financial and non-financial interventions availed to business in growth sectors of the economy. Not only do we support revenue generation through exports, we also play a leading role in job creation by investing in the ambitious projects and initiatives with the aim of enhancing the competitiveness of Malawi’s exports.
By taking on strategic investments that may fall outside the risk acceptance criteria for commercial banks, the additionality of our interventions is pronounced as we are able to reach out to enterprises that are in dire need of financing as recently demonstrated by our COVID-19 Trade Impact Mitigation Facility (COTIFA) which extended loans and advances to the tune of US$ 20 million to enterprises that are affected by devastating impact of the pandemic. Our young and dynamic team leave their workstations everyday knowing they have contributed towards the structural transformation agenda of the country, and wake up to every other day with the responsibility to perform triple times more than the day before.
By taking on strategic investments that may fall outside the risk acceptance criteria for commercial banks, the additionality of our interventions is pronounced as we are able to reach out to enterprises that are in dire need of financing as recently demonstrated by our COVID-19 Trade Impact Mitigation Facility (COTIFA) which extended loans and advances to the tune of US$ 20 million to enterprises that are affected by devastating impact of the pandemic. Our young and dynamic team leave their workstations everyday knowing they have contributed towards the structural transformation agenda of the country, and wake up to every other day with the responsibility to perform triple times more than the day before.