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Investment

Come and invest in Malawi The Warm Heart of Africa! Here are the top five reasons why you should invest in Malawi:

  1. Peaceful, secure and stable political climate
  2. Streamlined investment registration through the One Stop Service Centre at MITC
  3. Enormous investment opportunities in all sectors
  4. Youthful, trainable and affordable labour
  5. Attractive investor incentives

Priority Sectors

Malawi is endowed with mineral resources that remain largely unexploited.  Government plans for a steady increase in the contribution of the mining sector to GDP by at least 10% annually.  Currently mining is limited to: coal mining, quarrying, limestone production and gemstone mining.  Gemstone exports are dominated by an aquamarine, amethyst, red and rhodolite garnets, quartz, angering and feldspar. The new areas of investment are rutile, gold, uranium, and bauxite.

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Malawi is endowed with beautiful and unique tourist spots including Lake Malawi, national parks and Game Reserves, Mulanje Mountain, wild game (the big five), forest reserves, and cultural and historical sites such as missionary graves and slave trade villages. The following are the specific investment opportunities; eco-tourism, hotel, camps and lodges, water and lake sports, cultural and traditional troupes (community-based tourism), wilderness safari, travel and tours and casinos and entertainment centre.

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Investment opportunities in Agriculture include livestock production (for dairy and beef), aquaculture, horticulture, agro-processing, irrigation, sugar, oilseeds, piggery, honey production, integrated cotton development, cassava production, and mushroom growing. These agriculture products can be processed and exported under trading arrangements encompassing The African Continental Free Trade Area (AFCTA), The Southern African Development Community (SADC), The Common Market for Eastern and Southern Africa (COMESA), and Generalized System of Preferences (GSP) Scheme of the EU’s Everything but Arms (EBA) Initiative. The African Growth and Opportunity Act (AGOA), China General Tariff Preferential Treatment, the India Preferential Trade Arrangement Benefiting LCD’s and the Japan Preferential Trade Arrangement Benefiting Least Developed Countries (LDCs).

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Manufacturing accounts for about 12% of Malawi’s GDP and mainly comprises of agro-processing, textile and garment (tobacco, tea, sugar, soya, macadamia nuts); and building materials (cement and joinery). There are opportunities for investors to convert agricultural products into high-value finished products. Malawi imports most of its light goods equipment such as household electrical fittings (e.g. cables, plugs, switches) and engineering materials, e.g. steel-based products, investors are therefore invited to invest into this sector.

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Malawi has forest plantations which are mainly; Nyika Plateau at Chelinda, Dedza, Mulanje mountain, Zomba plateau and Chikangawa. There are opportunities for value addition to the country’s vast forest resources via the manufacturing of timber and timber-based such as blackboards, cheap boards, plywood and development of new forests.

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This industry is crucial as it support other industries for sustainable economic growth and infrastructure development.  Huge private investment is required to meet increasing energy demand for both household and industry use.  Hydro electricity, fossil fuels and biomass are the most used energy sources in Malawi.  The Government is inviting local and foreign investors into the following area; Hydro generation, distribution and transmission, solar energy, wind energy, fuel storage and oil pipeline facilities, thermal power plants, biomass stoves and biogas.

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The Embassy is also involved in humanitarian programmes being undertaken with the support of
well-meaning, countries, institutions and individuals
for targeted programmes and beneficiaries in Malawi.

 

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