Malawi [SEP] continent
Malawi
Malawi (, or ; or [maláwi]), officially 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. Malawi spans over and has an estimated population of (as of July ). Lake Malawi takes up about a third of Malawi's area. Its capital is Lilongwe, which is also Malawi's largest city; the second largest
new shares in Air Malawi through a recapitalisation scheme, said PC chief executive officer Jimmy Lipunga. He said to sustain the country's Bilateral Air Services Agreements, the level of participation within the SEP should bring the participation of Malawian nationals, both with the SEP and government shareholding, to 51 per cent.
For this purpose, the new company would exclude its existing wholly owned subsidiaries, Air Cargo Limited and Lilongwe Handling Company Limited, which are thought to be profitable, and which will subsequently be delinked from Air Malawi Limited