Is 'early Christmas' too good to be true? Malawi’s $6.8bn jackpot may not be all it seems

Is 'early Christmas' too good to be true? Malawi’s $6.8bn jackpot may not be all it seems

Malawi was taken by storm in November last year when the government signed a deal purportedly worth US$6.8-billion at a high-profile state launch with a Belgian registered private foundation – Bridgin.

AMABHUNGANE: Too good to be true? Malawi’s mysterious $6.8-billion jackpot

A shadowy Belgian foundation, allegedly funded by elderly Jewish philanthropists, has dangled a ‘grant’ for Malawi twice the size of the country’s national budget, but critics doubt the promised bonanza will materialise. Now amaBhungane has managed to question Bridgin’s elusive founder – and th...

Too good to be true – Malawi’s $6.8 billion jackpot?  - amaBhungane

Malawi was taken by storm in November last year when the government signed a deal purportedly worth US$6.8-billion at a high-profile state launch with a Belgian registered private foundation – Bridgin. During the signing ceremony at State House in Lilongwe, President Lazarus Chakwera described the financial package, which is intended to fund major infrastructure projects, as an […]