Menyamya signs key partnership agreement with Mama Bank and Rural Airstrip Agency to drive economic growth

Menyamya district in Morobe has signed two pivotal Memorandum of Agreement with Mama Bank and Rural Airstrip Agency, in a landmark move to boost development and improve service delivery.
Menyamya District Development Authority chairman Solen Loifa signed the MOAs, marking a significant step in the district’s efforts to foster sustainable growth and improve the quality of life for the rural people.
The first MOA signed for a 3-year working relationship with the Rural Airstrip Agency would address the need for improved transportation infrastructure in Menyamya.
Mr. Loifa said this agreement will focus on the development and maintenance of rural airstrips, which will better connect remote areas, facilitate business activities, and improve access to essential services.
Along with the signing, MDDA presented a cheque of K33,000 as funding for the initial survey of the Menyamya Station airstrip, which will soon be carried out by RAA.
The local MP said enhanced air transport is expected to boost local trade, tourism, and create broader opportunities for the community.
The second MOA forged with Mama Bank Limited is aimed at expanding financial services and promoting economic empowerment within the district.

Menyamya DDA announced a K1 million for the collaboration, which will offer favorable banking services, loans, and financial literacy programs, particularly gear toward local entrepreneurs and businesses.
MP Loifa said providing the community with necessary financial tools and education through this partnership hopes to stimulate economic growth and foster self-sufficiency.
“These partnerships will change the landscape of Menyamya by improving both infrastructure and financial opportunities," he said.
"Together, we will create lasting progress and a brighter future for our people."
As the district embarks on this transformative journey, the agreements with the Rural Airstrip Agency and Mama Bank Limited are expected to lay the foundation for a thriving, interconnected, and financially empowered Menyamya.
The long-term benefits of these partnerships will be felt across all sectors, from local businesses to the everyday lives of the district’s residents.