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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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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. 18 Lacs
Working capital: Rs. 48 LacsT.C.I: Rs. 107 Lacs
Return: 53.21%Break even: 44.05%
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Coal Washing Unit - 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

Coal washing unit is one of the most important unit for upgradation of coal in sense of fed value by reducing of ash contents in the coal. It is basically associated with seive position to get the quality coal. It is used as fuel for running the boiler, in domestic use, in thermal power station to produce electricity, for manufacture of coal gas etc. Coal is a important source of chemical raw materials. Being a high demandable item it has very good market. So there is a scope for setting up this unit.
Plant capacity: 11700 MT/DayPlant & machinery: Rs. 3200 Lakhs
Working capital: Rs. 891 LakhsT.C.I: Rs. 7241 Lakhs
Return: 6.36%Break even: N/A
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Paper Napkins, Toilet Rolls & Facial Tissue - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Paper is one of the necessities of civilization and it is almost impossible to imagine the continuance of a world with out a printed books and news papers. Facial and toilet tissue papers fall in the category of light weigh sanitary tissue and comprise of items viz facial tissue, sanitary tissue, table napkins such varieties of papers are normally unsized and manufactured in soft, loosely felted conditions. Industries manufacturing paper napkins, toilet paper rolls, facial tissues as well as cigarette and wrapping paper etc. are dependant on tissue paper. It is concluded that there is good domestic and export demand of paper napkins, toilet rolls and facial tissue. The industry may be classed as very prospective.
Plant capacity: 1000 Kgs/DayPlant & machinery: Rs. 6 Lakhs
Working capital: Rs. 38 LakhsT.C.I: Rs. 53 Lakhs
Return: 96.61%Break even: 25.40%
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Paper Napkins - 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, Plant Economics

Tissue paper is often used for wrapping as in jewellery, liquors, fruits and florist trades etc. Napkins are manufactured from tissues. Paper napkins are becoming very popular in the catering industry as they are absorbent, hygienic, light and has visual appeal. Paper napkins are used in hotels, restaurants, as a substitute for handkerchief, homes etc. The per capita consumption of paper and paper products are increasing in India and demand for napkins alone has been recorded as 25,000 tonnes. There is good scope for entrepreneurs in this field.
Plant capacity: 400 Kgs./ DayPlant & machinery: --
Working capital: -T.C.I: -
Return: 43.88%Break even: 47.25%
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Bicycle Tyres - 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, Plant Economics

Bicycle tyre is the backbone of the cycle industries. There are few numbers of organized manufacturing companies are engaged in the quality grade cycle tyres and few unorganized private companies also engaged to manufacture bicycle tyres. Basic raw materials for bicycle tyre is natural rubber, synthetic rubber, carbon black, zinc oxide etc. It is used to assembling in the cycles as leg. It is the movable parts of the cycles by which cycles can run from one place to another. Basic Plant & machineries and technology indigenously available. The demand of bicycle tyres is increasing day by day. It is requires some new units establishment. There is good market potential as well as export potential. Good scope for new investment.
Plant capacity: 4000 Nos./DayPlant & machinery: Rs. 36 Lakhs
Working capital: Rs. 57 LakhsT.C.I: Rs. 163.0 Lakhs
Return: 59.50%Break even: 38.47%
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Detergent Cake & Washing Powder - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout

Detergent are complete washing or cleaning products. The synthetic detergent industry is one of the largest chemical process industries. Some important uses of detergent cake and powder are in hand soaps and shampoo; special protective creams, like cold creams, varnishing creams; cosmetics; cleaning of glass, metal painted surfaces; washing and treatment of food; household washing; removal of gelatine films; making antiseptic soaps etc. Detergent are doing an infinitely superior job of cleaning. Present demand for detergent is 29,25,000 tonnes while that of soap is 12,55,000 tonnes. This industry has vast resources for earning profit and is a good investment policy for entrepreneurs.
Plant capacity: 600 Kgs/ DayPlant & machinery: Rs. 3 Lakhs
Working capital: Rs. 12 LakhsT.C.I: Rs. 28 Lakhs
Return: 35.06%Break even: 55.03%
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Wooden Furniture - 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, Plant Layout

The furniture making is an ancient art in India before centuries. The expertise of India in manufacturing furniture was accepted by all the parts of the world. Wooden furniture is made in cottage and house holds industries. It is also made in small to large scale sectors. However, it is labour intensive industry and therefore has developed more in small and cottage sector than organized sector. The industry at present is concentrated much in the states of Tamil Nadu, Madhya Pradesh, Kerala, Maharashtra, West Bengal, Andhra Pradesh, U.P. and Gujarat. Wooden furniture provides very good domestic as well as export market scope subject to various designs it can be innovated and the price stability can maintain.??
Plant capacity: 20 Pcs/DayPlant & machinery: Rs. 4 Lakhs
Working capital: Rs. 5 LakhsT.C.I: Rs. 13 Lakhs
Return: 111.00%Break even: 26.99%
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Wooden Furniture (With Mediocre Automation) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

The term wooden furniture is used for articles of daily use in dwelling house, place of business, public buildings, and includes items such as chairs, tables, beds, safes, sofa sets, almirahs, cabinates etc. are made of wood. The furniture making is an ancient art in India before centuries, the expertise of India in manufacturing furniture was accepted by all the parts of the world. This type of industries are mostly free from pollution. Market demand of wooden articles are gradually increases, but there is short supply because of non-availability of proper woods, Wooden furniture is always enjoy a ready market and selling quality furniture with elegant get up trends an easy access to the consumer market. There is bright scope of export of wooden furniture. Any new entrepreneur may enter in this industry.
Plant capacity: 20 Articles/DayPlant & machinery: Rs. 13 Lacs
Working capital: Rs. 28.0 LacsT.C.I: Rs. 73 Lacs
Return: 42.81%Break even: 48.28%
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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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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 Lacs
Working capital: Rs. 48 LacsT.C.I: Rs. 107 Lacs
Return: 53.21%Break even: 44.05%
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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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