Trade and investment platform for Africa
In line with the government strategy to promote Mauritius as a reputed and effective trade and investment platform for the continent, the Economic Development Board is working towards reinforcing economic collaboration with African States to leverage on the geostrategic position of Mauritius to drive investment into the continent.
Africa is full of promise and untapped riches. It has approximately 30 percent of the earth’s remaining mineral resources, nearly 60 percent (over 200 million hectares) of the world available arable land and 13 percent of the world population. To that end, the Government is implementing pro-African policies to improve the investment climate and market access conditions to make Mauritius a relevant platform for Africa.
As an African country, Mauritius has and continues to be a strategic development partner, in and for, the Continent. The EDB is also expanding its network across the continent through MoU’s with African Investment Promotion Agencies (IPA’s) and positioning Economic Counsellors in selected capitals on the continent. The EDB also holds the directorate for Sub-Saharan Africa with the World Association of Investment Promotion Agencies (WAIPA).
In line with the Africa Strategy of the Economic Development Board (EDB), the following countries have been identified as top destinations for doing business in Africa and a priority markets for Mauritian operators and professional service providers: Botswana, Comoros island, Ghana, Ivory coast, Kenya, Madagascar, Malawi, Reunion island, Rwanda, Senegal, Seychelles, South Africa, Tanzania, Tanzania, Uganda, Zambia, Zimbabwe.
Over the years the Government of Mauritius have adopted bold policies to develop new economic pillars, foster a conducive business environment and establish good governance practices, thus laying the foundations for attracting higher levels of foreign investment. Besides, these measures have contributed in positioning the country as number one destination for doing business in Africa and Mauritius currently ranks 25th globally on the World Bank Doing Business Report 2018. Mauritius also fares well on a number of international indices.
Bilateral Agreements are viewed as a tool for promoting trade and investment. Mauritius can tap on the numerous bilateral agreements signed with the focus mostly towards countries in Southern and Eastern Africa to promote investment. Mauritius has signed 22 DTAs and 23 IPPAs with African States, as at date only 16 DTAs and 9 IPPAs have been ratified.
Special Economic Zones
Based on the experience of Mauritius in the successful establishment of the Export Processing Zone (EPZ) in the 1970’s and the creation of the Freeport in 1992, several countries have solicited the assistance of the Government to develop free zone models in their respective countries.
The Economic Development Board is responsible to promote jointly with the Mauritius Africa Fund (MAF) the Special Economic Zones (SEZs) with selected countries and economic operators.
- Senegal – Cargo Village
- 13 hectares developed and operational. 40 additional hectares to be developed.
- Ivory Coast – Technology Parks
Agreement signed for the development of a biotechnology, information and communication technologies (ICT) free zone in Grand Bassam, Twin towers construction secured by MAF.
- Ghana – Technology Park
- Land has been earmarked for the construction of a Technology Park in Kumasi in the Ashanti region and for the construction of a Cyber Tower in Dawa.
- Madagascar – SEZ law is subject to court review
Trade & Investment Data
In line with its mandate to position Mauritius as a competitive trade & investment platform for Africa, the Economic Development Board has subscribed to two international business statistical tools namely, Orbis Crossborder Investment Platform & International Trade Map.
Interested operators are requested to submit their queries pertaining to trade & investment data on firstname.lastname@example.org