In tandem with ECA and UNCTAD, the Republic of Malawi launches its electronic investment guide

Abstract

The Malawi iGuide, an electronic investment platform, was developed by the Malawi Investment Trade Center (MICT) assisted by the ECA and UNCTAD acting in line with the United Nations principle of “Delivering as One”. The iGuide is an easy-to-use online platform providing domestic and foreign investors alike with up-to-date and pertinent information on business opportunities as well as applicable laws and regulations. The platform is grouped into seven chapters around the themes of business set-up, labour, production factors, land, taxes, investor rights, sectors and opportunities. Presenting the iGuide during the launch, Emmanuel Chinyama, Economic Affairs Officer, ECA, informed the experts that the project was carried out at the request of the Republic of the Malawi to the Executive Secretary of the ECA. The iGuide project was rolled out in 2013 by the UNCTAD, complementing the former published investment guides which require updates every four years to keep track of new developments. To date, ten countries in Africa, Asia and Latin America and the Caribbean, including Burundi, Kenya, Congo and Rwanda, have the electronic platform for investors at their disposal.