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Best Business Opportunities in Malawi, Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Reasons for starting a business in Malawi

Between 2011 and 2014, the business environment has been favourable for private firms, with economic growth rates averaging 6.7 percent. In 2015, the economy is predicted to develop at a rate of 7.1 percent, making it one of Africa's fastest-growing economies. Between 2005 and 2013, foreign direct investment increased at an annual pace of 19 percent on average. In October 2014, there were over 70 foreign companies registered in Malawi, the majority of which were engaged in mining or manufacturing.

 

What are the natural resources in Malawi?

Malawi's main natural resources are bauxite, coal, tin, niobium, tantalum, and timber. Granite and marble reserves abound in the southern region. Several rivers have alluvial gold deposits. At Lake Nyasa, there are a few small salt deposits. Near Kasugai, diamonds have been discovered. In the Nkhotakota District, copper and nickel reserves have been discovered. Near Chitipa, there are several million tonnes of high-grade iron ore that could be mined as mining technology improves. In various locations of Malawi, there are significant amounts of gypsum, limestone, and silica sand. In addition, there are known petroleum reserves off the coast of Lake Malawi that could be lucrative if exploration can find a cost-effective way to extract them. In the Rumphi District, there are vast untapped phosphate reserves. Additional deposits are required. have been discovered on the Zomba Plateau, but due to a lack of infrastructure, they remain untapped. Phosphate, on the other hand, is obtained from seaweed found on nearby beaches.

 

What are the business opportunities in Malawi?

There are many African countries that have prospered and could potentially offer business opportunities. Malawi is the name of one of these countries. If you want to start your own business, you can look at a variety of industries. According to the International Finance Corporation of the World Bank Group (IFC), 40% of Malawians live on less than $1.25 per day, and just 9% of children under the age of five are fully vaccinated. However, the country's strategic location along Africa's eastern coast, proximity to South Africa and Tanzania, and tiny population make it a desirable destination. Malawi, a south-eastern African country with a plethora of commercial opportunities, is endowed with immense natural resources and economic growth potential. It boasts one of Africa's greatest forests, as well as vast mineral resources natural gas, coal, gold, and other commodities have drawn a slew of international investors.

 

Business-Friendly Policies and Government Initiatives

With its beautiful beaches, world-class resorts and some of Africa’s best scuba diving and snorkeling, it might come as no surprise that Malawi is fast becoming an attractive destination for businesses seeking a tropical paradise on which to set up shop. The country offers low taxes, an educated workforce (98% literacy rate) and business-friendly policies that have helped it attract international firms like Mars Incorporated. As a result, Malawi has one of Africa’s fastest growing economies with GDP growth projected at 7.5% over 2015-2017.The first step to starting your own business in Malawi is obtaining a Certificate of Registration from the Registrar General’s Office within 30 days of arrival or prior to commencement of business activities. To apply for registration, you will need to provide:

1) A completed application form with supporting documents;

2) A non-refundable fee of MK100,000 (US$900); and

3) A copy of your passport. Once registered, you will be issued a certificate that must be displayed at all times when conducting business operations.

The first step to starting your own business in Malawi is obtaining a Certificate of Registration from the Registrar General’s Office within 30 days of arrival or prior to commencement of business activities.

 

What are the steps for Starting a Business in Malawi?

The registration of your firm is the first step in beginning a business in Malawi. Register your company with the National Investment Bank of Malawi if you have one or more employees. Fill out an application and send it in with a registration fee of $200. Register your firm with the Development Bank of Southern Africa if you don't have any workers. Make a $250 deposit and three checks payable to the various government entities involved in the licence processing. Send these documents by DHL or regular mail to ensure that they arrive within two weeks. Apply for licences from the Ministry of Labor, the Department of Trade and Industry (DTI), the Ministry of Finance, the Ministry of Justice and Constitutional Affairs, the Department of Immigration Services (DIS), the Malawi Revenue Authority (MRA), and other government departments. Obtain permits as well. Fire Safety Certificate, Electrical Permit, Construction Permit, and Environmental Impact Assessment Approval are all required by law. You'll also need to apply for an Employer's Registration Number, which you may receive from the Department of Transportation. This number will be used to pay your taxes on a monthly basis. Before you open your doors to consumers, get insurance coverage; depending on the type of business you run, you'll need business interruption insurance and liability insurance, among other things.

 

Is Malawi good for business?

Malawi is a country located in Africa. Zambia, Tanzania, and Mozambique are its neighbours. The country has a lot of natural resources, but it isn't utilising them right now. Malawi is impoverished due to corruption and poor economic management. According to UNICEF, more than 30% of Malawians live in poverty, with more than half of them being under the age of 18. Every year, the country suffers from drought, which makes food scarce. According to Forbes magazine, Malawi's high unemployment rate (which makes workers cheap) and low cost of living provide several prospects for enterprises. So, if you want to start a business there, you should seize the opportunity now before it's too late!

 

Market size of Malawi

Malawi has one of the smallest economies in Africa. Between 1995 until 2007, the country's economy grew rapidly, but since then, its performance has slowed. Inflation is still a problem; from 2008 and 2013, it averaged 10%. Inflation has been around 7% on average since 2012. Malawi's economy is mostly dependent on agriculture. The sector accounts for around 40% of GDP and employs 80% of those employed in the formal economy. Agriculture also employs more than half of the people who live in rural areas. Tobacco, tea, sugarcane, corn (maize), and cotton are also major export crops. Petroleum products, foodstuffs, machinery and equipment, chemicals, textiles and garments are all major imports. Malawi's primary commercial relationship is the United States; other key trading partners include South Africa and Tanzania.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Lime Bonded Fly Ash Brick - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Lime bonded fly ash bricks are the product of thermal power waste base products. There is no sophisticated machinery used in this production. There is good demand of this product. As a whole the project is cost effective tiny and small scale industry with supporting of government fund. Few entrepreneur may enter into this field.
Plant capacity: 20000 Nos. Bricks/DayPlant & machinery: Rs. 12 Lakhs
Working capital: Rs. 1 CroreT.C.I: -
Return: 25.78%Break even: 44.16%
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Artificial Marble Tiles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

With the vast potential of plastics, artificial synthetic marble is virtually replacing the use of natural marble. The qualities of artificial synthetic marble are very much the same as those of natural marble. Synthetic marble is produced out of fillers and synthetic resin is used as binder. The main advantage of synthetic marble (cultured marble) are its high strength values, low shrinkage, minimum water absorption, resistant to corrosion, ageing and weather resistant to aggressive media, easy maintenance and high abrasion resistance etc. Calcium carbonate fillers are the most widely used filler for the preparation of filled compositions and moulding. Calcium Carbonate fillers are low in cost and is one of the largest applications of artificial, synthetic or cultured marble. Cultured marble is more durable than natural quarried marble. It is more resistant to stains, wear and damaging effects of household chemicals. The major areas where artificial marble tiles can be advantageously used are roofings, flooring, tiles used as wall products in different designs and castings. The artificial marble tiles are gaining varied application in building project which are developing very fast.
Plant capacity: 3 MT/DayPlant & machinery: Rs. 17 Lakhs
Working capital: Rs. 54 LakhsT.C.I: Rs. 121 Lakhs
Return: 43.00%Break even: 49.00%
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Granite (Marble) Polishing Batti (Bar) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Marble polishing batti is an essential item in the marble and granite polishing industries. Now a days there is good market demand of granite and marble articles. Granite & marble are natural product, it is abundantly available in India. Exploring of the natural resources is one of the main work in our country. For processing of marble there is necessity of polishing instruments, by using polishing instruments, it will be looked like a glazed material for making marble polishing batti. Granite is the most important stone have a growing demand both in the domestic and overseas markets. India produces granite of innumerable varieties and colours such as black granite multicoloured granite, red granite, grey graphite and brown granite. There is good scope of this project. Any entrepreneur can come in this field.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 33.63%Break even: 40.77%
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Granite Marble Cutting and Polishing Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

The use of granite and other decorative stones has been increasing world over. India is endowed with vast deposits of these natural resources and is therefore, in a position to meet not only the domestic need but also to greatly enhance export. Besides, there is scope for substantial generation of employment opportunities in rural and backward areas. Granite is the hardest compact structural stone which is quarried and dressed into blocks of desired size and shapes, and is amenable to slicing and polishing. There is good scope for granite-marble cutting & polishing unit. Any entrepreneur can well venture in this project.
Plant capacity: 100 Sq. M./DayPlant & machinery: Rs. 168 Lakhs
Working capital: Rs. 151 LakhsT.C.I: Rs. 388 Lakhs
Return: 47.73%Break even: 42.87%
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Aquaculture Fish Farming - Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Aquaculture technology of sweet water fish farming is a good project for new entrepreneur and to meet up the demand growth of fish utilization.
Plant capacity: 1000 MT Fish/AnnumPlant & machinery: Rs. 150 Lacs
Working capital: -T.C.I: Rs. 200 Lacs
Return: 25.00%Break even: 47.00%
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Aquaculture Fish Farming - Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Aquaculture technology of sweet water fish farming is a good projects for new entrepreneur and to meet up the demand growth of fish utilization.
Plant capacity: 1000 MT Fish/AnnumPlant & machinery: Rs. 150 Lacs
Working capital: -T.C.I: Rs. 200 Lacs
Return: 25.00%Break even: 47.00%
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Activated Charcoal From Wood - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Activated wood charcoal is a very important chemical widely employed by certain gases and vapours in purification in catalytic chemical reactions and decolorization of vegetable oils and sugar solutions. Activated wood charcoal is available in diverse forms like symmetrical pellets, irregular shaped granules and in cubical form. Due to expansion of pharmaceutical and vegetable oil industries the demand of activated wood charcoal is expected to rise sharply in the coming years. New entrepreneurs venture in to this field will be successful.
Plant capacity: 15MT/DayPlant & machinery: Rs. 80 Lakhs
Working capital: Rs. 113 LakhsT.C.I: Rs. 262 Lakhs
Return: 24.13%Break even: 62.30%
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Coconut Shell Charcoal - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

In major importing countries coconut shell charcoal is mainly used in the manufacturing of activated carbon. All the production units are enjoy higher growth rate. The demand for coconut shell charcoal and activated carbon will be increased. There is good market potential for this unit. It also have good export potential. Any new entrepreneur can invest in project. He will get good profit margin as well as good market.
Plant capacity: 1.0 MT/DayPlant & machinery: Rs. 6 Lakhs
Working capital: -T.C.I: Rs. 19 Lakhs
Return: 45.25%Break even: 48.36%
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Calcium Carbonate from Marble Chips - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities,Plant Layout

Marble is metamorphic, calcium carbonate of ultrafine, crystalline structure. It is used as building and ornamental stone (chips), artifical stone, source of carbon dioxide, neutralization of acids. The optimum yeild of calcium carbonate (precipitated) from marble chips is 50%. Precipitated calcium carbonate is used in dentificers, as fillers in the manufacture of tooth paste and powder, foods, cosmetics, pharmaceuticals and antibiotics. Technical grades are used in the manufacture of ceramics, putty, polishes, insecticides, inks, shoe dressings and as a filler in the production of adhesives, matches, linoleum and welding rods. To some extent it is also used as an extruded pigment in the paint industry. Major users of activated and precipitated calcium carbone is toothpaste industry, pharmaceutical industry, cosmetics, cement and rubber industry.
Plant capacity: 10.00 MT/DayPlant & machinery: Rs. 119 Lacs
Working capital: Rs. 69 LacsT.C.I: Rs. 314.00 Lacs
Return: 27.68%Break even: 59.04%
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Charcoal From Bagasse - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Bagasse is one of the major by product of sugar crushing industries. Charcoal is a highly porous form of amorphous carbon. It is one of the half burned bagasse product. Raw material bagasse available in India or throughout the world in the sugar producing countries nearly six to eight months. The technology of charcoal from bagasse is indigeneously available. There is no necessity of import of machinery for the production of charcoal. Charcoal is nothing but the elementary form of carbon. It is divided in to different parts according to its activity i.e. activated carbon or normal carbon. It is used as fuel and as a reducing agent. There are few organized manufacturing units to produce activated carbon. Demand of charcoal is increasing speedily. There is good scope for new entrepreneurs.
Plant capacity: 2.0 MT/DayPlant & machinery: Rs. 53.0 Lakhs
Working capital: Rs. 25 LakhsT.C.I: Rs. 154 Lakhs
Return: 26.41%Break even: 62.20%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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