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india-malawi-business-and-cultural-council

Ambassador and Consul General

INDIA - MALAWI BUSINESS & CULTURAL COUNCIL

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H.E. Mr. Leonard Senza Mengezi, High Commissioner of the Republic of Malawi to the Republic of India accepted the Honorary Membership of Global India Business Forum. On behalf of GIBF, its Founder and Global President Dr. Jitendra Joshi and Co-founder and Secretary General, Deepali Gadkari handed over the Honorary Membership memento. They explained the initiatives taken by GIBF in providing a platform for businesses to grow globally. The High Commissioner lauded the efforts of GIBF and assured the support of his embassy to encourage mutual investment, commerce, and economic cooperation.

Oil, Coal, Consumer goods, Fertilizer, Petroleum products

Uranium, Sugar, Tea, Coffee, Rubber

ABOUT

ABOUT MALAWI

Malawi, also known officially as the Republic of Malawi, is a landlocked country situated in southeastern part of Africa and was earlier known as Nyasaland. The country shares its borders with Zambia, Tanzania and Mozambique. Malawi’s land area is over 1,18,484 sq. km. and the country has a population of 1,91,29,952 as of 2020. Lake Malawi, occupies about one-third of the land area of Malawi.The capital of the country is Lilongwe and it is also the country’s largest city. The country has a nickname called ‘The Warm Heart of Africa’ because the people of Malawi are known to be friendly.The country gained its independence in the year 1963 and two years later became a republic too. Malawi has its own defense system which includes the army, navy and air force.Malawi also shares healthy diplomatic relations with its neighbours and other countries and also regularly participates in different international organisations such as the UN, the Commonwealth of Nations, the Southern African Development Community (SADC), etc.Some of the official languages of the country are English, Chewa, Yao, etc.

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BUSINESS OPPORTUNITIES

BUSINESS OPPORTUNITIES IN MALAWI

The country is heavily dependent on agriculture and 90% of the export revenues come from agriculture alone. The main agricultural products of the country are tobacco, tea and sugar processing, sawmill products, cement and consumer goods. These products can act as major sources of business opportunities for Malawi and other countries.

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EXPORTS AND IMPORTS IN MALAWI

EXPORTS AND IMPORTS IN MALAWI

The exports of Malawi increased from MWK 27,473.30 million in the month of May 2020 to MWK 47,057.20 million in the month of June 2020. Meanwhile, the imports of the country also increased from MWK 1,30,343.80 million in May 2020 to MWK 1,51,141.70 million in the month of June 2020.
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TOP EXPORTS OF MALAWI

The top exports of Malawi are tobacco, sugar, tea, uranium, etc. The main export partners of the country are the EU, Zambia, Zimbabwe, South Africa and the USA.
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TOP IMPORTS OF MALAWI

The top imports of Malawi are oil, coal, consumer goods and fertilizers. The main import partners of the country are South Africa, Zambia and the USA.
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