Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy. Mauritius is ranked high in terms of economic competitiveness, a friendly investment climate, good governance and a free economy. The Gross Domestic Product (PPP) estimate was at $22.025 billion and GDP (PPP) per capita income over $16,820 in 2014, one of the highest in Africa.
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Published on April 10, 2017
Un atelier visant à familiariser les PME avec l'African Growth and Opportunities Act (AGOA) sera organisé mercredi à Westin Turtle Bay Resort & Spa à Balaclava. Le ministre du Business, des Entreprises et des Coopératives, Soomildut Bholah, et le chargé d’affaires de l’ambassade des États-Unis, Melanie Zimmerman, seront présents pour l’ouverture.
Cette activité réunira une centaine de représentants de la communauté des affaires, des secteurs public et privé, des PME, et des entrepreneuses. L’objectif principal consiste à sensibiliser les participants aux opportunités existantes sous l’AGOA et les informer afin qu’ils puissent mieux comprendre le processus d’exportation et ainsi prendre avantage des possibilités d’affaires. Le but de cette loi, adoptée en mai 2000 par le Congrès américain, est de soutenir l'économie des pays africains en leur facilitant l'accès au marché américain s'ils adhèrent aux principes de l'économie libérale. Read more. Source | Le Mauricien
Published on April 10, 2017
Comment aller vers le marché américain ? Quels sont les produits à exporter ? Quelles sont les facilités offertes aux entreprises mauriciennes à travers les accords préférentiels ? Autant de questions qui ont été abordées lors d’un « AGOA Preparedness Workshop » pour les Petites et moyennes entreprises.
Permettre à nos Petites et moyennes entreprises (PME) de mieux profiter de l’African Growth and Opportunity Act (AGOA). C’est l’objectif que s’est fixé le ministère de l’Activité économique et des Entreprises. Pour le ministre Sunil Bholah, le marché américain devrait attirer toute notre attention. Read more. Source | Le Defimedia Group
Published on April 05, 2017
The Government of Mauritius today launched its National Export Strategy (NES) at a ceremony in Port Louis. The strategy aims to help boost the export capacities of the country’s private sector and step up its trade with regional and global markets.The National Export Strategy will serve as a blueprint for the Government, the private sector and Mauritius' development partners to help the country’s small and medium-sized enterprises (SMEs) improve their competitiveness and generate higher-value jobs. These will guide Mauritius’ effort to reinvigorate inclusive and sustainable growth through trade.The launch in Port Louis comes after a series of multi-stakeholder consultations led by the Ministry of Industry, Commerce and Consumer Protection in collaboration with Enterprise Mauritius. Throughout the process, the International Trade Centre (ITC) has provided technical support to the process. Read more. Source | International Trade Centre
Published on January 18, 2017
Seizing AGOA Opportunities in East Africa is a production of the USAID East Africa Trade and Investment Hub (The Hub). It highlights the work of the Hub’s Component 3 – Trade Promotion and AGOA, and briefly describes the legislation AGOA.
The trifold also outlines the general steps to follow when exporting to the U.S. under AGOA, and provide information on how to engage with the Hub on issues of trade promotion and AGOA.
Published on November 29, 2016
Mauritian firms have injected more than Sh5 billion into the economy through acquisitions and investments in Kenyan companies, indicating tightening economic links between Nairobi and the Indian Ocean Island country.
The rush to Kenya by Mauritian firms is partly spurred by a double-taxation agreement signed two years ago.
Financial services group SBM Holdings’ intended acquisition of Fidelity Bank for an estimated at Sh2.7 billion is so far the single-biggest publicly announced deal. Read more. Source | Business Daily
Published on November 15, 2016
The sustainable growth opportunities available for businessmen and investors in Africa was the focus of a workshop organised yesterday by Sagittarius Ltd at Hennessy Park Hotel in Ebène. The Minister of Business, Enterprise and Cooperatives, Mr Sunil Bholah, was present at the opening.
Targeting businessmen and entrepreneurs, the workshop covered business opportunities in Africa, challenges faced by local businessmen as well as methods of market entry. Participants were given an overview of several countries in Africa. Discussions included a contextual analysis of the continent as well as Africa’s political and economic background.
The boosting of intra-regional trade through the creation of a wider market, increased investment flows, enhanced competitiveness and development of cross-regional infrastructure was also highlighted. According to the Minister, the position of Mauritius as part of Africa will improve significantly on the global economic stage when the Continental Free Trade Area (CFTA) negotiations conclude in 2017. Read more. Source | Republic of Mauritius
Published on October 26, 2016
The National Women Entrepreneur Council (NWEC) is organising a week-long education tour for some 47 women entrepreneurs from Rodrigues who are presently in Mauritius. The aim is to impart knowledge and skills to enable these women to grow and foster their business so as to emerge as a much stronger economic force.
The visit of women entrepreneurs to Mauritius is part of the annual 'Tournée Rodriguaise', organised by the Deputy Chief Commissioner's Office, in collaboration with the Commission for Tourism of Rodrigues, with a view to promoting Rodrigues through its local products, cuisine and culture. Read more. Source | Republic of Mauritius
Published on September 21, 2016
The Board of Investment (BOI) kicked off its Africa Partnership Conference on 20 September, bringing together representatives of investment promotion agencies and industry representatives from Mauritius and Africa to discuss the opportunities and challenges of driving growth in Africa through greater collaboration on investment promotion. Two new MoUs were also signed between the BOI and the Swaziland Investment Promotion Authority (SIPA) and the East Africa Trade and Investment Hub (EATIH).
In his opening address, the Hon Pravind Kumar Jugnauth, Minister of Finance and Economic Development of Mauritius, highlighted that Africa still has far to go and a lot to achieve, and that it will require tremendous policy efforts, since Africa still faces deficits on many fronts. Read more. Source | Africa Money