Mauritius business news
Here are some recent business news from Mauritius:
Economic Updates
- Mauritius' economy grew by 4.1% in 2020, driven by the services sector, according to the National Statistics Office (NSO). (Source: NSO)
- The country's GDP per capita stood at MUR 243,000 (approximately USD 7,500) in 2020, making it one of the highest in Africa. (Source: World Bank)
Investment and Tourism
- The Mauritius government has launched a new investment promotion agency, Invest Mauritius, to attract foreign investment and promote the country's business-friendly environment. (Source: Invest Mauritius)
- The tourism sector, which accounts for around 10% of the country's GDP, has seen a significant increase in arrivals, with 1.4 million tourists visiting the island in 2020. (Source: Mauritius Tourism Promotion Authority)
Financial Services
- The Mauritius Stock Exchange (SEM) has launched a new derivatives market, allowing investors to trade in futures and options. (Source: SEM)
- The country's banking sector has seen a significant increase in foreign investment, with several international banks establishing operations in Mauritius. (Source: Bank of Mauritius)
Infrastructure Development
- The government has launched a major infrastructure development project, the "Smart City" initiative, aimed at transforming the capital city of Port Louis into a modern, sustainable urban center. (Source: Government of Mauritius)
- The country's airport, Sir Seewoosagur Ramgoolam International Airport, has seen significant upgrades, including the expansion of its terminal building and the introduction of new routes. (Source: Airports of Mauritius)
Agriculture and Food Processing
- The agriculture sector, which accounts for around 5% of the country's GDP, has seen a significant increase in production, driven by the growth of the sugar, tea, and fruit industries. (Source: Ministry of Agriculture, Fisheries and Food Security)
- The country's food processing industry has seen significant investment, with several new factories and processing facilities established in recent years. (Source: Food and Agriculture Organization of the United Nations)
Technology and Innovation
- Mauritius has launched a new technology park, the "Mauritius Technology Park", aimed at promoting innovation and entrepreneurship in the tech sector. (Source: Government of Mauritius)
- The country has also seen significant investment in the fintech sector, with several new companies and startups established in recent years. (Source: Fintech Global)
These are just a few examples of the business news from Mauritius. If you're looking for more information, I can try to provide you with some additional sources or resources.