Main Economic Sectors

Agriculture, Mining and Quarry, Manufacturing, Tourism, Financial and Professional Services, Transport and Communication form the main sectors of Malawi's economy.

Major Exports

Whilst Agriculture is the mainstay of Malawi's economy, accounting for more than one-third of GDP, main exports include tobacco, tea, sugar, cotton, rice, groundnuts, textiles and apparels.

Tobacco, tea and cane sugar together generate over 70% of export earnings. Tobacco is the main export earner, providing over 60% of foreign exchange earnings.

Other Exports

Macadamia Nuts, Handicrafts, Chilies, Rubber, Timber, Paprika and Pulses.

WHY INVEST IN MALAWI?

Malawi is today’s the preferred choice as a location for foreign direct investment. While small in physical size and land locked, Malawi enjoys close proximity and easier access to the nearby seaports of the world. Malawi also enjoys direct air links with major airports in southern Africa region which facilitate the movement of passengers as well as freight.

These international airports include; Johannesburg (South Africa), Lusaka (Zambia) and Nairobi (Kenya). There are inter-linkages in telecommunications and road networks which connect with SADC, COMESA regions and beyond. Exporting products from Malawi is made easier by proximity of seaports from neighboring countries. read more

Malawi is now home to over fifty FDI companies from USA, UK, Japan, China, RSA, and Germany amongst others. These companies operate mainly in the manufacturing and processing sectors, agriculture, tourism, mining and property development.

Malawi as a preferred investment location boasts of skilled and semi-skilled English speaking workforce with the good productivity levels. In addition the country has a long established free enterprise economy, political and economic stability as well as safe and secure location for business, family and property.

Competitively priced utilities such as water, electricity, telephone and postal services are readily available. Foreign exchange and international money transfers are provided through commercial banks operating in the country. Comprehensively, Malawi offers investors the following:

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TOP 10 REASONS TO INVEST IN MALAWI

1
Streamlined investment – establishment procedures
Malawi operates the One-Stop Service Centre through MITC, where investors get all necessary investment-processing requirements under one roof in just under five days on average.
 
2
Political stability and security
Malawi is ranked fifth in Africa in terms of peace. The country has no history of civil war. It has a vibrant democracy and had a peaceful transition from singular to plural politics over twenty years ago.
 
3
Liberalized economy and political commitment
Market-determined interest rates and floating exchange rate. Government support towards private-sector growth and development through reforms and strategic co-investments and turnkey projects.
 
4
Competent labour market
Malawi prides itself on its large, highly educated, skilled, hardworking, trainable English-speaking workforce trained within the country and in institutions around the world.
 
5
Preferential access to markets
Malawi is signatory to a number of multilateral and bilateral trade agreements as part of its trade policy. These provide preferential access to world markets under COMESA, SADC, EU and AGOA.
 
6
Untapped investment opportunities
Malawi is a gold mine, flooded with untapped economic opportunities waiting to be explored. Potential opportunities for investment abound, particularly in the following sectors: agriculture, energy, mining, manufacturing, infrastructure development/ICT and tourism.
 
7
Investor-friendly climate
Malawi offers an increasingly attractive destination for foreign investors, with a competitive investor’s tax-incentives package. The country is party to investor protection agreements and is becoming the most competitive place to do business in the region.
 
8
Ease of access
Malawi offers an increasingly attractive destination for foreign investors, with a competitive investor’s tax-incentives package. The country is party to investor protection agreements and is becoming the most competitive place to do business in the region.
 
9
Growing economy
The country has been showing an upward trend in economic growth since 2007.
 
10
Developing infrastructure
Malawi has seen tremendous infrastructure development in the last ten years in sectors such as transport, property development, and ICT.Malawi has seen tremendous infrastructure development in the last ten years in sectors such as transport, property development, and ICT.
 
For more information visit: www.mitc.mw

Priority investment sectors

The sectors that are a priority included:

1.     Agriculture and agro-business (particularly value addition of local commodities and import-substitution ventures)
2.     Tourism
3.     Energy 
4.     General Manufacturing
5.     Health 
6.     Education
7.     Information Technology
8.     Transport
9.     Infrastructure development
10.   Recreation
  read more

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Malawi Embassy

Villa 70, Al-Bostan Street, Block 3, 10th Settlement,
Sheikh Zayed, Giza, Cairo.
(00 202) 38956242
(00 202) 38956830
cairo.malawimission@foreignaffairs.gov.mw
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