Malawi: Ecobank Provides K10m for 50 Needy Students At Luanar

Ecobank Malawi Ltd has donated K10 million to Lilongwe University of Agriculture & Natural Resources (LUANAR) to support 50 needy students with tuition fees through the Endowment Fund.

LUANAR established the Fund to mobilize funds to support underprivileged students tuition and research programmes.

Speaking during the handover ceremony held at LUANAR Bunda campus on Friday, Ecobank Head of Commercial Banking Victoria Chanza said as a responsible corporate citizen, Ecobank deeply understands the financial challenges that many under privileged students face to have access to tertiary Education hence the donation which is in line with its Corporate Social Investment (CSI) focus on Education.

“We are pleased to support the LUANAR Endowment Fund which we believe will go a long way in assisting many under-priviledged students get easy access to the world class tertiary education offered at this University,” adding that the dual purpose of the bank is to consolidate a modern pan-African bank that contributes to the economic development and financial integration of the African continent that Malawi is part of.

To achieve this, she said, the bank believe that access to Education is the pinnacle and catalyst that can drive growth and economic development of our nation.

Chanza said the students if given access to quality Tertiary Education, are poised to guarantee a great economic future for Malawi.

She said the bank will therefore endeavour to play its part to continuously support the Education Sector which is one of bank’s key Corporate Social investment (CSI) focus area.