Old Mutual Foundation Blantyre and Care Malawi on Wednesday signed a K108 million Memorandum of Understanding for three-years which will see the two partnering in various projects benefiting the education sector with Mkanda Primary School in Mchinji being the first targeted beneficiary.
The signing ceremony took place at Old Mutual Head Offices in Blantyre.
According to Chairman of Old Mutual, Blantyre Foundation, Tawonga Manda,
said, through this partnership the Foundation will, in three years, support construction of furnished classroom blocks in selected rural Primary schools to the tune of MK108 million.
“In the initial year of 2021, the project will commence with construction of two furnished classrooms and an administration office to the tune of MK36 million at Mkanda Primary School in Mchinji, “said Manda.