Doing Business in Malawi

The objectives of the subject “International Trade and Business in Malawi” are the following:

1. To analyze the Malawian Economy and Global Trade;
2. To know the business opportunities in Malawi;
3. To explore the Malawian trade relations with the country of the student;
4. To know the Malawian Trade Agreements;
5. To develop a business plan for the Malawian Market.

The Subject “Foreign Trade and Business in Malawi” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Masters: Business in Africa, International Business, Foreign Trade.

Course: Business in East Africa.

Languages: or Malawi Malawi Malaui.

Swahili (Shule ya biashara).

1. Credits of the subject “Foreign Trade and Business in Malawi”: 1 ;
2. Duration: one week.

1. North-South Corridor;
2. Nearest ports to Malawi
   1. Port of Maputo (Mozambique, 931 kilometers, Nacala Rail transport);
   2. Port of Dar es-Salaam (Tanzania): Malawi Cargo centre.

Malawian Preferential Access and Free Trade Agreements:

1. Malawi and the East African Economic Area;
2. COMESA;
3. SADC
   1. EU-SADC FTA.
4. COMESA-EAC-SADC Trade Agreement;
5. African Continental Free-Trade Area;
6. The U.S.-Malawi
   1. COMESA-US Agreement;
   2. Africa Growth and Opportunity Act (AGOA).
7. EU-Malawi
   1. Africa-EU Strategic Partnership;
   2. GSP.
8. Trade Agreements with South Africa, Zimbabwe, Botswana, Mozambique;
9. Malawi-China Trade and Industry Agreement;
10. Malawi-India Trade Agreement;
11. ICGLR - Guest Member.

1. WTO
   1. GATS;
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Kyoto Convention.
3. Hamburg Rules (Sea);
4. BIC;
5. Chicago Convention (ICAO);
6. IMO- not a member.

1. Economic Commission for Africa;
2. African Union
   1. AU Convention on Combating Corruption;
   2. AUDA-NEPAD;
   3. Africa Agriculture Development Programme.
3. African Development Bank;
4. Africa-Asia Partnership;
5. Africa-Korea Partnership;
6. Africa-BRICS;
7. Africa-Turkey Partnership;
8. Afro-Arab Cooperation;
9. BADEA;
10. Africa-Japan Cooperation;
11. Africa-South America Summit;
12. China-Africa Cooperation;
13. Africa-India Cooperation.

1. UN
   1. UNCTAD;
   2. ITC;
   3. WIPO.
2. WB;
3. WTO;
4. IMF;
5. World Health Organization;
6. Multilateral Investment Guarantee Agency;
7. Commonwealth of Nations.

The Republic of Malawi

1. Borders of Malawi: Zambia, Tanzania, and Mozambique;
2. Population of Malawi: 18 million people
   1. Bantu.
3. Lilongwe (Political capital): 1.9 million people;
4. Blantyre (economic capital of Malawi): 1 million people;
5. The largest cities of Malawi are Lilongwe, Blantyre, Mzuzu and Zomba;
6. Malawian Life expectancy: 54.6 years;
7. Malawian Literacy rate: 72.8%;
8. The area of Malawi: 118,844 km²;
9. Independence of Malawi from the UK: 1964.

More information about Malawi (EENI African Business Portal).

Religions in Malawi.

1. African Traditional Religions;
2. Christianity
   1. Catholicism (2.3 million);
   2. Protestants (4 million, 35% of Malawian population).
3. Islam (15%).

Malawi belongs to the East African Economic Area (African Civilization).

Malawian Economy:

1. The economy of Malawi is based on the agricultural sector, which is the driving factor of the Malawian economic growth;
2. Agriculture: 30% of Malawi's GDP;
3. The Malawian agricultural sector also grew strongly resulting in augmented tobacco production;
4. Malawi is the seventh largest world tobacco producer;
5. Malawi is Africa's third largest tea producer;
6. The Malawian economic growth impulse is generated by manufacturing, information and communication (IT), financial, and insurance services, mining, and quarrying, Transport and storage, accommodation, and food services sectors;
7. Malawian currency: Malawi Kwacha.

International Trade of Malawi:

1. Total exports of Malawi rise to 688.5 million dollars from 634.3 million in the previous year;
2. Malawian imports are estimated to have augmented to 992.1 million dollars from 920.3 million;
3. International business and Foreign direct investment opportunities exist in all the sectors of the Malawian economy;
4. There are preference sectors that are targeted because of their economic potential to increase the export earnings of Malawi, in line with the Malawi Growth and Development Strategy;
5. The main sectors offering optimum returns to local and foreign investors: manufacturing, agriculture, tourism, mining, and forestry.

(c) EENI Global Business School (1995-2023)
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