Business Opportunities for Other Sectors - Malawi Confederation of Chambers of Commerce and Industry

Incubation Centres

Malawi has adequate market access for its products. However, lack of capacity to add value and a narrow production base have hampered her progress to fully benefit from international market opportunities (i.e. COMESA, SADC, AGOA etc.)

This project therefore aims at the deliberate introduction of industries in a particular potential sector of the economy as identified in the Malawi Economic Growth Strategy document. This project intends to pool together technology, infrastructure and business support services in support of upcoming entrepreneurs in Malawi. The role of the Government, private sector, academic institutions and foreign investors and donors are crucial in the success of this initiative.

Minerals and Gemstones In Malawi

Among semi-precious stones found in Malawi are Aquamarine, Amethyst, and Tourmaline while precious varieties include rubies and sapphires. Minerals include Uranium, strontianite, Phosphate, Iron Sulphides, Gypsum, Coal, Limestone, Basnaesite, Pyroclore, Bauxite, Titanium sands, Kyanite, Graphite, Corundum among others. These are found in substantial quantities in most parts of Malawi.

An opportunity exists to invest in mining and processing of these minerals. Other attractive opportunities also exist in a gems and jewelry plant with the proposed objective of buying, processing and selling locally found gemstones on international markets, as well as manufacturing jewelry items.

Some study reports recommended installation of multi purpose equipment in areas of high concentration of the minerals involved in polishing, and cutting of the stones for access by small-scale miners. This could boost production of gemstones.

Tourism in Malawi

Malawi is a stable and peaceful democratic country that meets all the prerequisites for a thriving tourist industry. The healthy climate, especially in the dry season, is ideal for holidaymaking. There are many resort and leisure areas, clubs and lodges along the length of Lake Malawi.

The Malawi government has planned to develop the tourism industry as an alternative source of foreign exchange for the country. As such, the Malawi Development Corporation (MDC) intends to construct and operate a game lodge within the Liwonde National Park.

Another project to be undertaken by the MDC in the tourism sector is the construction of the Golden Sands Hotel in Cape Maclear, Mangochi. Cape Maclear, along the beautiful Lake Malawi is a popular tourist destination. Its sandy beaches and unique species of fish offer tourists and other visitors exciting holidays.

Joint Venture Opportunities