The Malawi Enterprise Development Fund

MEDF Ltd is successor of the Malawi Rural Development Enterprise Fund [MARDEF] which was established by the Government of the Republic of Malawi with the approval of Parliament. MARDEF was launched by Presidential decree on 29th January, 2005. Thereafter the Malawi Parliament passed a resolution to set up MARDEF on 11th April, 2005 where it was env... isaged that MARDEF would eventually be established by either an Act of Parliament or under the Companies Act as a company limited by guarantee in the year 2014. s a result of this, MEDF was formed and inherited the assets and liabilities of former MERDEF and FILP. Malawi Enterprise Development Fund (MEDF) was then registered under Company Act 2013 as a company limited by guarantee and has a Reserve Bank of Malawi licence as a Microfinance Institution in the non-deposit taking category. MEDF Is also governed by the Financial Services Act 2010 and Public Finance Management Act. Shareholding and Capital StructureRead More