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.

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.

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.

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.

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”.

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.

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.

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. 

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.

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.