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.
Ambassador and Consul General
INDIA - MALAWI BUSINESS & CULTURAL COUNCIL
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.
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.
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.
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.
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.
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.