Join GlobalBizzNetwork and start your international business network today.
Malawi Interfaces SADC and COMESA Africa’s Major Trading Blocks with a Combined population of about 327 Million. The Malawian Economy is generally unexploited with an untapped export potential of USD 333.5 Million with Investment opportunities in areas such as mining, tourism, manufacturing, agro-processing including fruit juice processing, soya bean oil extraction, integrated cotton industry (spinning, weaving, ginning including cassava); phosphate fertilizer manufacturing; garment manufacturing.
Malawi, a landlocked country in Southeast Africa, is bordered by Zambia to the northwest, Tanzania to the northeast, Lake Malawi to the east, and Mozambique to the east, south, and west. Malawi gained independence in 1964 and has a multiparty, democratic government. It is divided into 28 districts, with Lilongwe as the capital. The official languages of Malawi are English and Chichewa, and the currency is the kwacha (MWK).
Malawi ranks among the world’s most densely populated countries. The economy is predominately agricultural, with about 80% of the population living in rural areas. Agriculture accounts for more than one-third of gross domestic product (GDP) and 90% of export revenues. The performance of the tobacco sector is the key to short-term growth, as tobacco accounts for more than half of exports.
- Energy Services
- Food and Beverage