Mining Sector

The mining sector is a strategic sector that has tremendous potential to support industrialization.

Currently, the mining sector contributes only about 1 percent to national income/Gross Domestic Product (GDP) but has the potential to contribute about 10 percent to the economy

The sector remains one area of realistic economic diversification, through which Malawi could increase its exports, attract Foreign Direct Investments (FDI) as well as diversify the government’s revenue base, achieve infrastructure developments and industrialization

The sectoral contribution to GDP of the mining sector over the past few years, with an estimation for 2021 and projections for 2022 and 2023

Sectoral contribution to GDP (%)

The annual percentage growth rate of the mining sector over the past few years, with an estimation for 2021 and projections for 2022 and 2023

Annual percentage growth rate (%)

Investment opportunities include

Gold

Base metals

Phosphates

Coal

Uranium

Nickel and copper

Heavy mineral sands

Platinum group of minerals (PGMs)

Dimension stone

Graphite