A K10 million injection just fueled Malawi’s energy talks, and the spotlight is shifting to a regional power summit in Lilongwe.
NBM plc backs PIESA conference
NBM plc backs PIESA conference
- National Bank of Malawi plc handed K10 million to Electricity Supply Corporation of Malawi.
- Funding targets the Power Institute for the East and Southern Africa Conference.
- Lilongwe will host the gathering at Bingu International Conference Centre.
- Around 90 delegates from 25 countries are expected.
- William Chatsala heads Corporate Banking at NBM plc.
- Chatsala framed electricity as the backbone of national growth.
- He argued the sector demands heavy capital for equipment and upgrades.
- Bank support, he said, keeps the energy ecosystem functioning.
- Brian Ndisale serves as Director of Finance at ESCOM.
- Ndisale welcomed the cash during the ongoing financial strain.
- Vandalism and emerging technologies top the discussion list.
- Regional cooperation through the Southern Africa Power Pool was highlighted.
