NBM Contributes K4 million to Malawi's 2024 NGO Day Commemoration
Malawi's development relies on robust civil society actors, so supporting platforms that boost their visibility and stakeholder dialogue is a worthy investment.
LILONGWE, Malawi - The National Bank of Malawi (NBM) has contributed K4 million as a lead sponsor for this year's NGO Day celebrations, demonstrating the financial sector's commitment to supporting civil society and sustainable development in the country, writes Isaac Kambwiri.
Edward Chileka Banda, Chief Executive Officer of the NGO Regulatory Authority (NGORA), expressed gratitude for NBM's generous K4 million donation towards the annual event slated for October 16 at Sanjika Palace in Blantyre.
The commemoration will be graced by President Lazarus Chakwera.
This timely contribution from NBM ensures a befitting national celebration that amplifies the invaluable work NGOs are doing across multiple sectors.
As Malawi's NGO sector continues expanding its socio-economic footprint, such corporate partnerships are vital.
NBM Senior Manager Shadreck Malenga underscored the bank's strategic interest in empowering non-profits, noting they comprise an important customer base.
The financial support aligns with NBM's corporate social responsibility agenda.
Many NGOs bank with NBM and play a central role in uplifting vulnerable communities through grassroots initiatives.
Malawi's development relies on robust civil society actors, so supporting platforms that boost their visibility and stakeholder dialogue is a worthy investment.
The NGO sector is a rapidly growing force in Malawi, complementing government efforts across areas like healthcare, education, climate adaptation, gender equality and humanitarian response.