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Sunday, October 13, 2024
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    HomeBusinessFDH Bank boosts Malawi Queens World Cup trip with K94 million

    FDH Bank boosts Malawi Queens World Cup trip with K94 million

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    FDH Bank Plc has supported the Malawi National Netball Team with K94 million as they prepare for the World Cup scheduled to take place in South Africa next month.

    The Bank’s Head of Marketing and Communication, Levie Nkunika said the Bank values the importance of the team’s growth by participating in the competition.

    “We appreciate the importance of the World Cup qualification and participation in The Queens’ growth. It is a global stage and a big opportunity for the Queens to grow, and as a sponsor, we have released funds from our sponsorship package to ensure that they are well set for the World Cup scheduled to take place in Cape Town, South Africa from July 28th to August 6th, 2023,” said Nkunika.

    Nkunika added that the Bank in collaboration with the Malawi National Council for Sports (MNCS) and The Netball Association of Malawi (NAM) reviewed the Queens’ budgets for local camping and travel which needed more resources to meet the requirements.

    “We have thus far provided K17 million for local camping and administration, and we are going to release K77 million to cater for other requirements for the World Cup preparations and travel,” said Nkunika.

    NAM General Secretary, Isaac Chimwala told local press last week that funding for the World Cup trip is now complete following the Malawi Queens official sponsors FDH Bank’s support

    “I can say we are now fully covered as regards the Queens’ World Cup budget, but we still need to raise funds for the other competitions this year because all our available resources will be used up at the global tournament,” he was quoted.

    On their journey to the World Cup, the number-sixth ranked team in the world, the Queens will face World champions, New Zealand and Zimbabwe in the friendly games.

    The Queens are in Group B alongside third-ranked England, 10th-placed Scotland and 14th-ranked Barbados.

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