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Corporate social responsibility

CDH Investment Bank and Continental Holdings Limited contribute K60 million to Cyclone Freddy relief efforts

 

Representatives from Continental Holdings Limited and CDH Investment Bank hand over funds to representatives from the Malawi Red Cross Society
Representatives from Continental Holdings Limited and CDH Investment Bank hand over funds to representatives from the Malawi Red Cross Society

CDH Investment Bank Limited, a subsidiary of Continental Holdings Limited along with its sister companies, Continental Asset Management Limited, Continental Capital Limited and Continental Properties Limited have donated K60 million to the Red Cross Society of Malawi for relief efforts to victims of Cyclone Freddy.

Speaking in Blantyre at the presentation function Mr Kingsley Zulu, the Group Financial Controller of Continental Holdings Limited and Director of CDH Investment Bank said that during difficult times like these, it is very important to join hands with the Government of Malawi and the entire nation to lend a helping hand to those who have been negatively impacted by the cyclone.

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CDH Investment Bank enhances MoU partnership with LUANAR through tree-planting exercise

Representatives from CDH Investment Bank and Lilongwe University of Agriculture & Natural Resources pose with tree-seedlinga prior to commencing the tree-planting exercise
Representatives from CDH Investment Bank and Lilongwe University of Agriculture & Natural Resources pose with tree-seedlinga prior to commencing the tree-planting exercise

The first activity under the memorandum of understanding (MoU) — that CDH Investment Bank signed earlier this year with Lilongwe University of Agriculture & Natural Resources (LUANAR) signed — has been rolled out through a tree planting exercise.

CDH Investment Bank provided K3.5million to LUANAR as the first disbursement of funds under the MoU that translates to 6,000 seedlings, which was channeled to the university’s Forestry Department.

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CDH Investment Bank sponsors K2.4m to the Malawi Aquatic Union for the 2023 national swimming championships

CDH Investment Bank Capital City Banking Centre Manager Mr Molius Mangaawuma hands over a symbolic cheque to Malawi Aquatic Union Secretary General Mrs Beatrice Makwenda
CDH Investment Bank Capital City Banking Centre Manager Mr Molius Mangaawuma hands over a symbolic cheque to Malawi Aquatic Union Secretary General Mrs Beatrice Makwenda

CDH Investment Bank (CDHIB) sponsored the Malawi Aquatic Union (MAU) with K2.4 million for hosting of the national swimming championship which was held from Thursday 2nd March 2023 to Saturday 4th March 2023 at African Bible College (ABC) in Lilongwe.

Speaking during the symbolic cheque presentation to the Union on Wednesday 1st March 2023 in Lilongwe, the Bank’s Capital City Banking Centre Manager, Molius Mangaawuma said they were compelled to support the dressing of the technical team that include ushers and umpires during the championships.

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CDH Investment Bank invests K60m to LUANAR’s strategic initiatives

In the Picture: L-R Dr Judith Kamoto, Acting College Director LUANAR, Professor Emmanuel Kaunda, Vice Chancellor LUANAR, Beatrix Mosiwa Ndovi, Executive Director CDHIB and Benison Jambo, Chief Business Development Officer CDHIB.
In the Picture: L-R Dr Judith Kamoto, Acting College Director LUANAR, Professor Emmanuel Kaunda, Vice Chancellor LUANAR, Beatrix Mosiwa, Executive Director CDHIB and Benison Jambo, Chief Business Development Officer CDHIB.

CDH Investment Bank has signed a partnership agreement with the Lilongwe University of Agriculture and Natural Resources (LUANAR) for strategic initiatives to support LUANAR in strategic initiatives. The The two institutions signed a partnership agreement worth K60 million, that will see CDH Investment Bank provide funding for LUANAR to carry out three strategic initiatives namely, the annual LUANAR tree-planting initiative that seeks to fight effects of climate change, the agri-innovation challenge to promote innovations in the country and the provision of five innovative scholarships to secondary students to study at LUANAR.

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CDH Investment Bank supports Darts Association of Malawi national championship

CDHIB’s Corporate Banking Manager, Jamal Kamoto (right) presents a symbolic cheque to Darts Association of Malawi’s General Secretary Chikondi Kachinjika
CDHIB’s Corporate Banking Manager, Jamal Kamoto (right) presents a symbolic cheque to Darts Association of Malawi’s General Secretary Chikondi Kachinjika

In recognition of positive strides that Darts Association of Malawi has achieved over the years at international level, CDH Investment Bank injected K2 million towards the hosting of the 2022 end of year national championship — the Darts Association of Malawi (DAM Cup). Presenting the sponsorship on Thursday 22nd December 2022, CDHIB’s Corporate Banking Manager, Jamal Kamoto said this is part of CDH Investment Bank’s corporate social responsibility (CSR) to support recreation such as sports. “We have assisted Darts Association of Malawi before and we were compelled to do so to continue encouraging them to do well”.

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CDH Investment Bank donates K15m to UNC Project

Kwame Ahadzi, CDH Investment Bank Chief Executive Officer (L) hands over symbolic cheque to Innocent Mofolo UNC Project Country Director
Kwame Ahadzi, CDH Investment Bank Chief Executive Officer (L) hands over symbolic cheque to Innocent Mofolo UNC Project Country Director

In its commitment to support and improve access to education through shelter that will support learners with proper infrastructure to realize their future dreams, CDH Investment Bank (CDHIB) has donated K15m to University of North Carolina (UNC) Project to support its education project at Dzama Educational Development Program in Lilongwe.

Speaking in Lilongwe on Friday 25th November 2022, the bank’s Chief Executive Officer, Kwame Ahadzi, said the initiative is part of the bank’s 10th anniversary.

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CDH Investment Bank invests K16.9m to Mary’s Meals towards school feeding initiative

Kwame Ahadzi CDH Investment Bank Chief Executive Officer (L) hands over symbolic cheque to Angela Chipeta Khonje Mary’s Meals Country Director, flanked by representatives from Ministry of Education, Mbinda Junior Primary School Head Teacher and children of Mbinda junior Primary School
Kwame Ahadzi CDH Investment Bank Chief Executive Officer (L) hands over symbolic cheque to Angela Chipeta Khonje Mary’s Meals Country Director, flanked by representatives from Ministry of Education, Mbinda Junior Primary School Head Teacher and children of Mbinda junior Primary School

As part of its 10th Anniversary celebrations which were celebrated — under the theme, ‘Creating Value’ — CDH Investment Bank (CDHIB) on 30th November 2022 donated K16.9 million Kwacha to Mary’s Meals towards the construction of a kitchen and a learners feeding block at Mbinda Primary School in Blantyre.
 
The anniversary celebration activities seek to Create Value by giving back to the community through supporting initiatives that will help develop the nation. The school, located at Somba in Blantyre Rural, was established in 2003 under the Joshua Foundation and was later handed over to the Ministry of Education in 2009.
Speaking during the donation held at Mary’s Meals offices at Ginnery Corner in Blantyre, CDHIB Chief Executive Officer (CEO), Kwame Ahadzi said they thought of partnering Mary’s Meals after learning about the challenges being encountered at Mbinda School, which was making learning difficult for the pupils.

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CDH Investment Bank participates in Presidential Charity Golf

In the picture: CDH Investment Bank team made up of Partridge Shycal and Thoko Mkavea captured on the course.
In the picture: CDH Investment Bank team made up of Partridge Shycal and Thoko Mkavea captured on the course.

CDH Investment Bank participated in the 2022 Swing to Serve Presidential Charity Golf Initiative. The golf tournament was held at the Lilongwe Golf Club on Saturday 8th October 2022 and was hosted by His Excellency, the President of the Republic of Malawi, Dr Lazarus McCarthy Chakwera, supported by Dr Saulosi Chilima, the Vice President. The tournament was held to raise funds for charitable causes affecting the most vulnerable. 

CDH Investment Bank contributed K1million towards the golf tournament. The bank was pleased to support the initiative which fits its corporate social responsibility (CSR) Policy that aims to support vulnerable people. CDH Investment Bank CSR policy supports education as one of our pillars for development and so the cause to assist deserving needy tertiary students to complete their studies is one. 

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CDH Investment Bank donates to Courageous Kids Foundation

In the picture: Some of the Courageous Foundation team members and children pose with some staff members from CDH Investment Bank and Continental Holdings Limited who facilitated the donation.

Managed by its founder, Courageous Musasa — a 28-year-old former street begging child — amongst its most needs are fuel wood to prepare hard earned food, which CDH Investment Bank has relieved them off through the huge tree logs it donated on Tuesday.

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CDH Investment Bank donates K3.5m to Beit Cure International Hospital

In the picture: CDH Investment Bank Chief Executive Officer, Mr Kwame Ahadzi (L) presents a cheque to Beit Cure International Hospital Executive Director Mr Elly Chemey (R)
In the picture: CDH Investment Bank Chief Executive Officer, Mr Kwame Ahadzi (L) presents a cheque to Beit Cure International Hospital Executive Director Mr Elly Chemey (R)

CDH Investment Bank, which is celebrating 10 years of its existence, donated K3.5 million to Beit Cure International Hospital in Blantyre towards the promotion of free community health among children. The donation, presented on Wednesday during the celebration of 20 years of partnership between the Beit Trust and Cure Hospital, where there was also a handover ceremony of surgical equipment donated by the Beit Trust to Beit Cure.

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CDH Investment Bank contributes to Malawi Blood Transfusion Services blood bank drive

In the picture: CDH Investments Bank Chief Operationg Officer Mr James Chikoti (R) handing over a symbolic cheque to Malawi Blood Transfusion Services Chief Executive Officer Mrs Natasha Nsamala.
In the picture: CDH Investments Bank Chief Operationg Officer Mr James Chikoti (R) handing over a symbolic cheque to Malawi Blood Transfusion Services Chief Executive Officer Mrs Natasha Nsamala.

In its efforts to boost access to blood transfusions for hard-to-reach areas across the country, Malawi Blood Transfusion Services (MBTS) is on a drive to place blood bank fridges in district hospitals that have several other health centres surrounding it.

To meet its target, MBTS is engaging the private sector for funding contributions, which CDH Investment Bank has responded to by donating K2 million which will go towards the purchase of a blood bank fridge earmarked for Mangochi, whose outreach stations are Monkey Bay Health Centre and Mulibwanji Mission Hospital.

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