In Malawi, 52.4% of the population lives below the poverty line, and 61% of the population lives on less than $1.25/day. Limited connectivity to the region and the rest of the world and poor health and educational systems severely limit labor productivity. Agricultural productivity has been severely impacted by flooding and drought conditions. High inflation rates (21.9% in 2015) and the devaluation of the local currency have caused economic instability and hardship for the average Malawian.
WCF involvement in Malawi began in 2007 in its sponsorship of medical and dental teams working in northern Malawi where more than 4,000 patients have been treated to date. As part of WCF’s broader involvement in Malawi and our vision of seeing longer term development and empowerment for communities, WCF has sponsored a series of Business Seminars starting in 2011. Several hundreds of people from Blantyre, Lilongwe and Mzuzu participated in practical trainings on Entrepreneurship, Business Plans, Budgeting, Marketing, Customer Service, Risk Management and Business Ethics.