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Summary
The Malawian economy is built around the agricultural sector which
continues to be the driving factor for growth within the economy. The agricultural sector also grew strongly resulting in increased tobacco output in 2008.
Real GDP growth estimates in 2008 for Malawi were revised upwards to 8.7% compared to 8.6% in 2007. The growth impetus was from strong growth recorded in
the manufacturing, information and communication, financial and insurance services, mining and quarrying,
transport and storage, and
accommodation and food services sectors.
The mining and quarrying sector is estimated to have grown by 5.8% in 2008 from
4.7% in 2007 due to an increase in quarrying activity.
Total Malawian exports for 2008 rose to USD 688.5 million from USD 634.3 million in the previous year while imports are estimated to have increased to USD 992.1
million from USD 920.3 million.
Business and Investment opportunities exist in all sectors of the economy. However, there are priority sectors that are targeted because of their economic
potential to increase Malawi's export earnings and reduce poverty, in line with the Malawi Growth and Development Strategy (MGDS). The prioritized sectors offer
the optimum returns to local and foreign investors: Manufacturing, Agriculture, Tourism, Mining and Forestry.
The population of Malawi constitutes predominantly Bantu speaking black African people.
Malawi is a member of several international organizations including the United Nations and some of its child agencies,
the International Monetary Fund,
the World Bank, the African Union and the World
Health Organization. Malawi has preferential access to world markets under COMESA, SADC, LOME
IV, Africa Growth and Opportunity Act (AGOA), Cotonou Agreement (European Union)
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Border countries: Zambia, Tanzania and Mozambique.
Sample:
Available Language: 
Master
Executive Business with Africa -
Master East and Southern
Africa
Business, Malawi, Lilongwe, Malawian, economy, Africa, Foreign Trade, Malawian exports, Imports, Mining, Agriculture, manufacturing, information, communication, financial, insurance, services, Bantu, Master, International Business
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