Mauritius Eyes African Investment Push

As the economy of Mauritius grows, the country continually searches for ways to improve its economic relations with its close neighbors on the African continent.

According to the nation’s secretary for Foreign Affairs, Anund Neewoor, “The African continent is now regarded as the last and new frontier for business opportunities in the world. It has proven that it can deliver with a growth rate exceeding that of many countries including those in Europe and Asia. Therefore opportunities are boundless to invest on the continent”.

With this belief, Mauritius has been looking into deepening its ties with Mozambique by increasing its “cross border investments” as a result of Mozambique’s “unique investment opportunities”. Transportation, construction and agriculture are included in a list of Mozambique’s potential investment sectors. Existing close relations between the two countries, along with their participation in the South African Development Community, will make an easier “path for the Mauritian business community to take advantage of opportunities in Mozambique”.

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