Business in Mauritius. Mauritian economy Foreign trade Africa

Related courses: Master Executive Business Africa - Master East and Southern Africa - Course Doing business in East Africa - Mauritius - Master International Business Foreign Trade Mauritian students

Educational level: Continuing education / Executive education programs.

Course summary (Doing business in Mauritius)

The Mauritian economy is one of the fastest growing in sub-Saharan Africa. Mauritius has moved from a mono-crop sugar-dominated economy to a diversified services oriented global economy. The tertiary sector currently accounts for 70% of GDP. Leveraging on a long history of political stability, free market economy and good governance, Mauritius has embarked on a new era of business-friendliness.

Port Louis is the second most important financial center in Africa after Johannesburg. It is the city with the highest per capita income in Africa.

As a growing business and financial hub, Mauritius offers numerous investment opportunities, both on shore and off shore. Opportunities are multiple in the traditionally strong economic sectors as well as in the island’s many rapidly emerging sectors. Ideally located at the crossroads of Europe, Africa and Asia, the country also offers an ideal platform for holding and structuring investments in many of the world’s fastest growing economies.

Example of the course Doing business in Mauritius:

With a per capita income of US $ 5078 (for Jan to Oct 2004), Mauritius is now classified as a Middle income country and ranks, on the basis of the recent Human Development Index for 173 countries, 67th globally, 40th among developing countries and second in Africa.

Preferential access to international markets: Mauritius has secured preferential access to markets worth several hundreds of millions of consumers. With the European Union (EU), through the Cotonou agreement; with the United States under the Africa Growth and Opportunity Act (AGOA); with Eastern and Southern Africa, through the COMESA (Common market for Eastern and Southern Africa) and SADC (Southern African development community). Ocean Rim Association for Regional Cooperation (IORARC)

Total exports of goods and services increased by 4.2% to Rs 144,329 million in 2008 from Rs 138,530 million in 2007 and in real terms, this represents a growth of 4.4%. After a decline of 10.6% in the exports of goods during 2007, exports rose by 3.8% in 2008.

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