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Mauritius

The Hub's accomplishments in Mauritius to Date:  

  • To date the Hub has supported 27 firms and associations to increase their export competitiveness
  • Eleven firms and associations have been supported to participate in various trade shows resulting in 82 business linkages
  • Hub facilitated AGOA exports as at June 30 2017 stood at $17,920,000
  • Exports to other market destinations as a result of Hub support are $615,805 

Related Blogs and Resources

Mauritius investors eye to penetrate EAC market

Published on July 20, 2016
Industrial investors and other producers operating in Mauritius intend to penetrate the East African market and they plan to start off this initiative by staging a special manufacturer exhibition in Arusha next October. That apparently has resulted from the working visit to the Indian Ocean Commission in Mauritius, by the Secretary General of the East African Community, Ambassador Liberat Mfumukeko, who has just concluded the trip there following an invitation by the Secretary General of the IOC, Mr Jean Claude de l’Estrac. The Indian Ocean Commission (IOC) is a regional integration organization that has memberships of Mauritius, Comoros, Seychelles, Madagascar and France. Read more. Source | Daily News
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MRA to adopt innovative ways to help Mauritius achieve higher economic growth

Published on July 14, 2016
The Mauritius Revenue Authority (MRA) is called upon to look into innovative ways and means of further reducing the cost of doing business so as to promote trade, businesses and embark on a higher economic growth path and also position Mauritius among the top 10 countries on the Ease of Doing Business. This statement was made by the Minister of Finance and Economic Development, Mr Pravind Jugnauth, yesterday in the context of the celebrations marking the 10th anniversary of the MRA at the Intercontinental Hotel, Balaclava. Minister Pravind Jugnauth, underlined that the MRA remains a strategic partner for the Government in the wake of the urgent socio-economic transformation of the country not only in terms of raising optimal revenue to finance public policies and economic development but also in providing to the public a living example of a most successful re-engineering of public sector institutions. Read more. Source | Republic of Mauritius
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Mauritius: Removal of Items under the list of controlled goods at export

Published on July 08, 2016
The Ministry of Industry, Commerce and Consumer Protection has embarked on the Single Window System which is an electronic platform based on international standards put up for the submission of applications, the processing and approval of Export and Import permits. This initiative is in line with the e-Government strategy. The aim is to streamline procedures and to remove duplication of controls, where possible, so as to improve the trade competitiveness of Mauritius. Read more. Source | Republic of Mauritius
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Mauritius, the easiest place to do business in Africa, expects 46% jump in foreign investment this year

Published on June 30, 2016
Mauritius's  government expects foreign direct investment to increase as much as 46% this year, even as the United Kingdom’s decision to leave the European Union may curb inflows to the Indian Ocean island nation. Foreign investors are expected to commit 14 billion rupees ($395 million) by the end of 2016, compared with 9.6 billion rupees last year, Board of Investment Chief Executive Officer Ken Poonoosamy said in a phone interview Tuesday from the capital, Port Louis. The country received 3 billion rupees in the first quarter, Bank of Mauritius data shows. FDI slumped last year from 18.5 billion rupees in 2014, when the $12 billion economy saw several hotel acquisition deals, according to the BoI. Read more. Source | Mail & Guardian Africa
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Mauritius on a mission to elevate manufacturing credentials

Published on June 09, 2016
The Mauritian textile and apparel industry has established a solid reputation over the years as a manufacturer of high-tech, high-end clothing. And the Indian Ocean island nation is keener than ever to build on its strengths through investment in innovation and geographic expansion, as industry executives tell just-style. With duty-free market access to both the European Union and the United States under the EU-ESA (Eastern and Southern Africa) Economic Partnership Agreement and the recently-extended Africa Growth and Opportunities Act (AGOA), Mauritius has been working hard to grow its textile and apparel industry. The sector already comprises around 250 apparel companies employing over 44,000 staff, and accounts for around 55% of total exports. Not surprisingly Europe, the US and South Africa remain the country's biggest markets – and Mauritius is currently on a mission to showcase its credentials to the UK market. Read more. Source | Just Style
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IDC to invest R12 billion for textile and clothing industry

Published on June 09, 2016
  The Independent Development Corporation (IDC) says it has invested about R12 billion in the textile and clothing industry in 2015. The IDC is one of the exhibitors at Source Africa - the annual pan-African textile, clothing and footwear trade event that brings together manufacturers, buyers, suppliers and service providers from across the continent, Asia and even the United States of America,currently taking place in Cape Town.  In 2016 the trade show has more of an international flavour with exhibitors from China and the USA. An exhibitor from USAID, Finn Holm-Olsen, says investment into Africa keeps expanding. The Trade Promotion and AGOA Director, East Africa Trade and Investment Hub , Mr. Finn Holm-Olsen said, Four or five years ago it was really a struggle to get buyers to come to Africa. That is not a problem anymore - they are coming in droves  Read more. Source | SABC
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Nepad launches new drive to promote intra-Africa trade

Published on May 12, 2016
The New Partnership for Africa’s Development (Nepad), an agency of the African Union that implements high-impact development projects on the continent, has launched an initiative dubbed ‘MoveAfrica’ to help tackle policy hurdles to trade across the continent. The drive was launched yesterday on the sidelines of the on-going World Economic Forum for Africa, in Kigali, with officials at the Nepad Planning and Coordinating Agency (Nepad Agency), saying the new effort will help address issues related to cross-border transport and logistics challenges on the continent. It will seek to drive down costs and increase efficiency for logistics companies and manufacturers in various industries in Africa. Read more. Source | New Times
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New on our Knowledge Center: A World Bank Group Flagship Report- Global Economic Prospects 2016

Published on May 05, 2016
The January 2016 edition of Global Economic Prospects discusses current global and regional economic developments and prospects, analyzing key challenges and opportunities confronting developing countries. It also highlights spillovers from large emerging markets and macroeconomic vulnerabilities during resource development. Biannually (January and June), it examines global economic developments and prospects, with a special focus on developing countries, as well as analysis of topical policy challenges faced by developing countries through in-depth research detailed in this edition.  Visit the knowledge center for this report and more.
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