Kwacha (D) (MWK)
Facts about Malawi
The Republic of Malawi is a landlocked country in southeast Africa that was formerly known as Nyasaland. It is bordered by Zambia to the northwest, Tanzania to the northeast, and Mozambique on the east, south and west. The country is separated from Tanzania and Mozambique by Lake Malawi. Its size is over 118,000 km2 (45,560 sq mi) with an estimated population of more than 13,900,000. Its capital is Lilongwe, the second largest city is Blantyre and the third largest city is Mzuzu. The name Malawi comes from the Maravi, an old name of the Nyanja people that inhabit the area. The country is also nicknamed, "The Warm Heart of Africa".
Malawi was first settled during the 10th century and remained under native rule until 1891 when it was colonized by the British, who ruled the country until 1964. Upon gaining independence it became a single-party state under the presidency of Hastings Banda, who remained president until 1994, when he was ousted from power. Bingu Mutharika, elected in 2004, is the current president. Malawi has a democratic, multi-party government. Malawi has a small military force that includes an army, a navy and an air wing. Malawi's foreign policy is pro-Western and includes positive diplomatic relations with most countries and participation in several international organizations.
Malawi is among the world's least developed countries. The economy is heavily based in agriculture, with a largely rural population. The Malawian government depends heavily on outside aid to meet development needs, although this need (and the aid offered) has decreased since 2000. The Malawian government faces challenges in building and expanding the economy, improving education, health care, environmental protection, and becoming financially independent. Malawi has several programs developed since 2005 that focus on these issues, and the country's outlook appears to be improving, with improvements in economic growth, education and healthcare seen in 2007 and 2008.
Malawi has a low life expectancy and high infant mortality. There is a high prevalence of HIV/AIDS, which is a drain on the labor force and government expenditures, and is expected to have a significant impact on gross domestic product (GDP) by 2010. There is a diverse population of native peoples, Asians and Europeans, with several languages spoken and an array of religious beliefs. Although there was tribal conflict in the past, by 2008 it had diminished considerably and the concept of a Malawian nationality had begun to form. Malawi has a culture combining native and colonial aspects, including sports, art, dance and music.