The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Malawi  
Rank: 99 · Score: 28.1  

Basic facts, 2020        
Population (millions) 19.1   IPOs and pulic issues (quartile) 2nd
GDP (US$ billions) 8.7   M&A volume (quartile) Bottom
GDP per capita (US$) 455.6   Venture capital investments (quartile) Bottom
GDP growth (per cent) 0.6   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 99 23, 20, 18, 23, 26 28.1
1 Economic Activity 114 17, 13, 14, 10, 11 52.6
2 Depth of Capital Market 94 22, 22, 10, 26, 31 12.4
3 Taxation 99 33, 31, 27, 26, 26 79.8
4 Investor Protection and Corporate Governance 78 34, 34, 38, 46, 47 60.2
5 Human and Social Environment 101 20, 20, 21, 26, 24 23.1
6 Entrepreneurial Opportunities 105 29, 24, 21, 22, 20 29.6


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Malawi  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Botswana 53.7 15.9 82.8 66.9 32.5 34.8
Zambia 60.7 16.9 96.1 57.4 22.4 30.4
Algeria 71.6 9.1 88.1 44.4 28.9 44.8
Malawi 52.6 12.4 79.8 60.2 23.1 29.6
Uganda 70.8 10.1 82.4 58.4 22.5 31.3
Ivory Coast 70.2 9.4 57.8 50.0 27.0 26.9
Ethiopia 78.4 5.4 84.4 29.5 24.7 39.1
Last updated: 21 Jun 2021