The country’s high street bank, Finance Development Holdings (FDH), has today announced an increment to the Malawi National Football team sponsorship from K360 million to K1 billion.
The package will be spread out over the next four years, translating into K250 million annually from the previous K360 million which was spread into K120 million grants for three years.
Signing the financial agreement at the Mount Soche Hotel in Blantyre were the FDH Bank Managing Director, Noel Mkulichi and the FAM president, Walter Nyamilandu Manda.
FDH Bank has been the Malawi national football team partner since February 2016.
Football Association of Malawi president Walter Nyamilandu said they are grateful to the bank for continued trust in the Flames.