Malawi’s economy continued to recover from the contraction in GDP experienced in 2012 as a result of slippage in macro-economic policies and withdrawal of budgetary support by development partners (DPs) over governance concerns, which precipitated an acute shortage of foreign exchange and fuel, crippling the economy. In 2014, the country’s economy is estimated to have […]
Category: Malawi
Malawi: Africa’s Richest Man Aliko Dangote Sets Business Sight On Malawi
Africa’s riches man, Aliko Dangote who is worth an estimated $15.7billion , is expected in Malawi as a prelude to prospective investment in the country. According to Malawi’s Minister of Industry and Trade, Joseph Mwanamvekha, while in the country, the Nigerian businessman will hold private talks with President Peter Mutharika during which investment prospects will […]