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The service sector accounts for 51.7% of Malawi's national GDP. Notable industries are tourism, retail, transport, education, health services, telecommunication and the banking sector. The Government of Malawi holds shares in many important companies, such as Malawian Airlines (51%) and Press Corporation Limited. Press Corporation Ltd. is the ...
Poverty in Africa is the lack of provision to satisfy the basic human needs of certain people in Africa. African nations typically fall toward the bottom of any list measuring small size economic activity, such as income per capita or GDP per capita, despite a wealth of natural resources.
Malawi is a landlocked country in southern Africa. Malawi is one of the world's undeveloped countries and is ranked 170 out of 187 countries according to the 2010 Human Development Index. [1] It has about 16 million people, 53% of whom live under the national poverty line and 90% of whom live on less than $2 per day. [2]
Malawi has made progress in malaria control in recent years; between 2006 and 2015, the mortality rate for children under five years of age declined from 122 deaths per 1,000 live births to an estimated 64 deaths per 1,000 live births. [16] Despite this progress, malaria continues to be a major public health problem in Malawi. [16]
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No famines occurred for over forty years after 1949: from approximately 1950 to 1980 Malawi, like much of inter-tropical Africa, enjoyed adequate and reliable rains. Food security seemed assured: the only years when consumption exceeded production were in 1963, 1970, 1975, 1976 and 1980 and none were as serious as 1949 or later shortages. [27]
Corruption in Malawi has a long and complex history with rapid evolvement over time. [ 1 ] [ 2 ] During the colonial era , corruption was prevalent, with colonial officials embezzling funds and engaging in other corrupt practices. [ 3 ]
After the 2005 Malawian food crisis, food security in Malawi became a concern for international aid groups and many have been frequently detained and criticising the government and its economic policies yet the handling of the deadlock inside of the poor nation.