Overview

The African continent, while not unscathed by the global recession, has shown a fair degree of resilience, providing significant opportunities with its under penetrated markets and unleveraged business opportunities. Economic expansion in this region, particularly in Sub-Saharan Africa, is being supported by minerals and energy mainly, but also by a broad base of sectors including agriculture, technology, telecommunications, media and financial services. These industries are attracting massive foreign direct investments (FDI), a large chunk of which is coming through private equity investments. Flows of FDI to Africa have been increasing significantly during the last decade and Mauritius has a vital role to play in this respect since the country possesses invaluable comparative advantages.

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