ADMARC Buying Fuel? Questions rise over Admarc $323 Million Fuel Loan Amid Concerns of Mismanagement
[Nyasa Times - Malawi] - 13/01/2025
Struggling state-owned Agriculture Development and Marketing Corporation (ADMARC) has secured a controversial $323 million (about K650 billion) loan facility to procure 180 million liters of fuel, a deal that could burden Malawian taxpayers with a 26-year debt. Documents obtained by the Platform (…)
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