IOA has conducted research and consulting on Mauritius, covering diverse topics and trends. The Indian Ocean island nation is known as Africa’s premier investment destination thanks to its political stability, well developed economy and extraordinarily friendly business environment. Because of the global Covid-19 pandemic, the country reverted to being a high middle-income country in 2021, but the drop is foreseen as temporary. Liberal business regulations and government policies supporting the financial and ICT sectors have contributed greatly to economic growth. Mauritius has marketed itself as a luxury vacation and holiday residence destination, as well as a financial investment hub.
IOA economists have noted the country’s diversified economy, with agriculture and fishing now augmented by new manufacturing enterprises. These act as a safety against over-reliance on financial services and tourism sectors. Good governance made possible by political stability and a leadership dedicated to multi-party democracy has overseen economic growth.
