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Tuesday, July 2, 2019

Malawi looks to shed image of Africa's poor relation -

Malawi looks to shed image of Africa's poor relation -: Malawi's economy has rebounded from the drought years of 2015 and 2016, with increased productivity, lower inflation and a reduction in the current account deficit. Now the country hopes foreign investment rather than aid can make its growth predictions a reality.�Jason Mitchell reports.

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Malawi’s economy expanded at a slightly disappointing 4% in 2018 but the country’s central bank predicts it will surge by up to 7% annually during the next few years, on the back of improved electricity generation, better irrigation infrastructure and greater access to finance.

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