doubts

Malawi: Is the $6.7bn grant with Bridgin Foundation nothing more than a scam?

By Deogracious Benjamin Kalima

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Posted on December 13, 2022 11:53

© Malawis President Lazarus Chakwera attends a press conference in Davos on May 25, 2022. (Photo by Fabrice COFFRINI / AFP) — Malawis President Lazarus Chakwera attends a press conference in Davos on May 25, 2022. (Photo by Fabrice COFFRINI / AFP)

When Malawi’s President Lazarous Chakwera presided over the signing ceremony of a $6.8bn grant with Bridgin Foundation to finance various developmental projects, he sang praises of the foundation’s investments. But not everyone is excited with this news. Many question the integrity of Bridgin Foundation, where previous endeavours in other countries remain vague at best.

On 28 November, President Chakwera signed a grant with Bridgin Foundation that is meant to transform and help the country achieve its developmental blueprint, Vision 2063.

The agreement will allow Bridgin Foundation to invest in various infrastructural projects over a four-year period.

The projects earmarked for implementation are in the areas of health, education and the energy sector.

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