Tags: Agoa

Malawi rakes in $57m in agoa

Malawi is not a mere spectator in the African Growth and Opportunity Act (Agoa) programme, after shipping to the United States (US) $57.6 million (K25.6 billion) worth of goods in 2014 compared to previous years’ $47 million (K21.1 billion), Business News has learnt. Although Malawi shipped in more textiles, the country failed to be among…

Experts warn Malawi on Chinese trade dependency

Trade analysts have warned African countries, including Malawi against depending too much on trade with China, noting that the slowing down of the country’s economic growth would have a ripple effect on these economies. Malawi, according to available statistics, has experienced a jump in trade with China with exports to Beijing rising by about 400…

Malawi explores US market for tobacco

Malawi President Peter Mutharika has asked the US-based Universal Leaf Tobacco Company (ULTC) to lobby their government through Congress to allow Malawi tobacco access the US market. Mutharika made the request to ULTC board chairperson George Freeman during a meeting they held with their respective officials in the US financial capital, New York. Majority shareholder…