Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands split by the Great Rift Valley and enormous Lake Malawi. The lake’s southern end falls within Lake Malawi National Park – sheltering diverse wildlife from colorful fish to baboons – and its clear waters are popular for diving and boating. Peninsular Cape Maclear is known for its beach resorts.

Malawi’s economy has been heavily impacted by COVID-19 (coronavirus) pandemic. Growth is estimated at 1.0% for 2020, compared with earlier projections of 4.8%, but is projected to rebound in 2021 to 2.8%, although the nature of the recovery will depend on the evolution of the COVID-19 pandemic and government’s policy actions. The second wave of the pandemic has been more intense than the first. The COVID-19 vaccine is not expected to reach a significant portion of the population until at least mid-2022. As such, stronger social distancing policies and behavior are expected to weigh on economic activity and suppress domestic demand.

Reasons to invest in Malawi:

  • 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.
  • Political Stability & Security: Malawi has no history of civil war and has a vibrant democracy
  • Liberalised Economy & 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 turn-key projects.
  • Competitive 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.
  • 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.
  • 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, Tourism and finance.
  • Investor-Friendly Climate: Malawi offers an increasingly attractive destination for foreign investors, with competitive investors’ tax incentives package. The country is party to investor protection agreements and is becoming the most competitive place to do business in the region.
  • Ease of Access: Malawi has modern telecommunication, daily flight connections and access to regional and international markets.
  • Growing Economy: The country has been showing an upward trend in economic growth since 2007.
  • Developing Infrastructure: Malawi has seen tremendous infrastructure development in the last ten years in sectors such as transport, property development and ICT.

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