10 Oct 2024 • Conference • Financial Services
Mauritius: A Trusted International Financial Centre for UK investments into Africa
The United Kingdom is home to leading financial services companies and remains an important market for the promotion of financial services. In 2022, UK was ranked as the fourth most leading investor into Africa, accounting for USD 46 billion and it continues to be among the Top 5 sources of FDI into many African countries.
The UK is positioning itself as an investment partner of choice for Africa and it is opportune for Mauritius to position itself as the ideal platform for cross border investments.
It is in this context, that the EDB is currently leading a high-level delegation in London in the margins of the 2024 Africa Financial Services Investment Conference (AFSIC) and African Private Equity and Venture Capital Association (AVCA).
The core objectives of this mission are to further consolidate Mauritius as a platform of choice for structuring investments and funds, and wealth & estate planning by highlighting the key regulatory developments in the financial services sector; the panoply of tax incentives; and new and revamped schemes and products.
The delegation is being led by the Chairman of the EDB, Mr. Hemraj Ramnial CSK and comprises representatives from the Financial Services Commission, the Ministry of Financial Services and Good Governance and private sector stakeholders.
The AFSIC, a highly focused investment event, which is one of the most important Africa investor events witnessed the participation of over 1,200 key investors, financial intermediaries, and business leaders. The event also featured over 300 speakers sharing insights on the African investment ecosystem and representatives from more than 40 countries who presented investment opportunities in their regions.
In the margins of the AFSIC, the EDB is also participating in AVCA Sustainable Investing in Africa London Summit 2024 which is being held today, 10th of October 2024. The AVCA annual conference flagship event serves as key platform gathering Africa’s largest private equity and venture capital companies.
The delegation leveraged on this mission to collaborate with the Eastern Africa Association to host their annual lecture and Conference themed ‘Hedging on Africa’s Competitiveness to mobilise global capital and rally trade and investment flows’.
Meetings and roundtables sessions were also conducted with international investors and professionals in the financial services sphere, notably, law firms, fund managers, private portfolio managers, tax advisors, and accountancy firms, among others.
During our intervention at the AFSIC and the AVCA, the EDB highlighted the salient features of the Mauritius IFC as a credible platform of substance when it comes to channelling of investments and risk mitigation.
Share this article
Latest News
-
1
Increase in FDI for First Half of 2024
25 Oct 2024 • Development
-
2
Empower your workforce with new ICT skills
11 Oct 2024 • Creative Industry • Eductation • Technology
-
3
Mauritius: A Trusted International Financial Centre for UK investments into Africa
10 Oct 2024 • Conference • Financial Services
-
4
SheTrades Mauritius Hub: Workshop on New Budgetary Measures for Businesses
7 Oct 2024 • Conference • SheTrades
-
5
3 Oct 2024 • Development