LBA Global Partners Mauritius

Mauritius, the perfect business hub for Africa​

Mauritius has, over the years, strengthened its leadership position in Africa on a number of indices.

On the Democracy Index 2021 (published by The Economist Intelligence Unit), Mauritius maintains its “Full Democracy” status, ranking 1st in Africa and 19th worldwide with a score of 8.08. Mauritius is the only African country to be classified as a “full democracy”, featuring in the same league as G20 member countries Australia, Canada, Germany, Japan, South Korea, and the United Kingdom.

Mauritius also ranks 13th globally in the World Bank’s Ease of Doing Business Report 2020, consolidating its position as the best place for doing business on the African continent (ranking 1st).

In terms of good corporate governance, the country ranks 1st in Africa on Mo Ibrahim’s Governance Index for the 10th year in a row with an overall score of 77.2.

On the 2022 Social Progress Index, Mauritius ranks 47th worldwide, and 1st in Africa, with a score of 75.44.

On the 2022 Global Peace Index, Mauritius ranks 28th worldwide, and 1st in Africa, with a score of 1.57.

Mauritius the perfect business hub for Africa
Mauritius International Financial Centre in figures
Population – 1.3 million
Languages – English, French, Creole, and Asian languages
Exclusive Economic Zone – 2.3 million km2
GNI per capita: USD 12,050 (2020)
Real GDP Growth Rate – 3.2% (2019)
Foreign Direct Investments – USD 472 million (2019)
Value of trade between Mauritius and African countries – USD 994 million
Since gaining its independence in 1968, Mauritius went through a remarkable transformation. Previously active in the monoculture of sugarcane, today it prides itself in having a strong and diversified economy. Success and development have paved their way thanks to some key fundamentals, which are the economic democratization, inclusive growth, development of human capital and social mobility. The island nation has become an International Financial Centre of repute and substance.
The island nation is also a member part of international organisations, namely the African Union, the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA).

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