- Economic growth in 2016 remained sluggish at 2.7% due largely to the El Niño induced drought, but is projected to improve to 4.0% in 2017 and further accelerate to 5% in 2018.
- Malawi was amongst countries in the Southern African Region worst affected by the drought, with 36% of the population requiring food relief. It is crucial for Malawi to build resilience to weather-related shocks to attain food security and to achieve sustainable development.
- Coherent national policy efforts to promote and nurture entrepreneurship are necessary to create enabling conditions for industrialisation. This will require multipronged efforts to improve the business environment, develop skills, and strengthen provision of business development services to Micro, Small and Medium Scale Entreprises (MSMEs).
|Area:||118,484 sq km|
|Total Population 2017:||18.3 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 6.2 Billion|
|GNI Per Capita 2015:||US$ 350|
|Crude Birth Rate (per 1000):||37.70%|
|Human Development Index (rank / 188):||170|
|Human Development Index (scale 0 to 1):||0.476|
|Cumulative Approvals (1967-2016):||UA 930.2 Million|
- 15/06/2017 - AfDB and Export Trading Group (ETG) sign US$ 100 million non-sovereign guarantee corporate loan
- 23/05/2017 - US$ 829 Million Support from AfDB, Partners for Songwe River Basin Program
- 14/03/2017 - AfDB and GEF Support Climate Change Adaptation for Sustainable Water Supply in Malawi and Lesotho
Malawi field office
African Development Bank Group
2nd Floor, Kang’ombe House
City Centre, Lilongwe, Malawi
Phone: (265) 1 77 44 60-62/64
Fax: (265) 1 77 44 69
Mr. Andrew Mwaba, Resident Representative