Vinay Guddye from the Economic Development Board of Mauritius explained how Mauritius was positioning itself as the ideal platform to be used when considering to do business in Africa and other parts of the world.
When going into Africa, he underscored, the very first thing to consider is how to mitigate inherent risks. Investors want to find the jurisdiction which gives them the sort of comfort needed to go ahead. Hence, a closer look at the indices and accolades accumulated by Mauritius over the years, coupled with World Bank’s Ease of doing business ranking, firmly demonstrate that Mauritius is the place to be.
In his special address, Dr Keiichiro Komatsu, Strategic Advisor to the Economic Development Board of Mauritius, and once Special Envoy for TICAD Public-Private Partnership by Japan’s Foreign Minister, he elaborated on the attractiveness and appeal of the African continent for Japanese investors. He underscored the value of a youthful population of one billion in Africa versus an ageing one in other parts of the world.
Further, he reiterated the importance for Japanese investors to first establish themselves in Mauritius, before taking on Africa. This friendly advice, he underscored, is because Mauritius has a lot to offer in terms of advantages and ease of doing business encompassing a host of very critical aspects such as tax regimes, intellectual property rights, trained workforce, functioning institutions and reputable and well established financial institutions.