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Thursday, June 28, 2018

After Floods, Famine, Malawi's Leader Is Bullish on Growth - Bloomberg

After Floods, Famine, Malawi's Leader Is Bullish on Growth - Bloomberg





Malawian President Peter Mutharika had to deal with

devastating floods, a famine and a foreign-aid freeze during

his first term. Now, he's seeking re-election to tackle the

challenges of attracting billions of dollars in investment and

reducing the economy's reliance on tobacco.

Mutharika, 78, is expected to be the sole contender for the

leadership of the ruling Democratic Progressive Party when

it meets next week. With the opposition fragmented and a

first-past-the-post election system that awards the

presidency to the candidate who gets a plurality of votes,

Mutharika is the frontrunner to win the May vote.

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