For Western Australian businesses looking to expand into Africa, Mauritius could be a viable option. More than an island destination, it is proving to be a strategic base for accessing one of the world’s fastest-growing regions.
While a small population of 1.31 million people, the nation has spent decades transforming itself from a sugar-based economy into a sophisticated financial, administrative, education and business hub servicing African and Asian markets.
Today, Mauritius offers a stable political environment, internationally-aligned regulation, transparent banking systems and modern business infrastructure, making it increasingly attractive for companies seeking a lower-risk pathway into African markets.
“For businesses considering expanding into Africa, Mauritius is a practical starting point – we have filled that gap for businesses,” said Mauritian High Commissioner to Australia Sarojini Seeneevassen.
“Instead of navigating 54 different jurisdictions across Africa, businesses can establish themselves in Mauritius and expand into the region from a stable, internationally-connected base.”
Mauritius has established 22 Double Taxation Agreements (DTAs) and 25 Investment Promotion and Protection Agreements (IPPAs) with various African countries, facilitating seamless trade and investment. The nation’s network of IPPAs underscores its commitment to safeguarding investor interests. These agreements provide comprehensive legal protections against expropriation and ensure a stable investment environment.
“Investors can rest assured knowing that their investments are shielded by robust legal frameworks, thereby mitigating risks and enhancing investment confidence,” she said.
“Our bilingual workforce, strong professional services sector and trade networks across Africa make it easier for international businesses to operate confidently in the region.”
Several international trade agencies and regional institutions use Mauritius as a commercial and administrative hub.
Now a resilient, diverse economy
Following independence in 1968, Mauritius faced high unemployment and an economy heavily reliant on sugar production.
As industries evolved and global conditions shifted, Mauritius diversified into textiles, manufacturing and financial services.
“We were a monocrop economy, which was not sustainable, so Mauritius learned very early that we needed to adapt and diversify,” Seeneevassen said.
“We may be a small island nation, but that vulnerability made us very resilient – both economically and as a people.”
Mauritius introduced business-friendly reforms to attract investment and build a modern financial system, with low corporate tax settings, internationally-aligned regulation and stronger investment frameworks.
This strategy helped create a stable, internationally-connected economy recognised for its professional services capability, with multinational firms such as BDO and PKF.
This success has been underpinned by a long-standing commitment in adhering to the international norms and standards of coveted international organisations and standard setters like the Organisation for Economic
Co-operation and Development (OECD) and the Financial Action Task Force (FATF) to uphold the integrity of its domestic and international financial system.
Mauritius has also emerged as a growing regional education hub, with internationally recognised tertiary educational institutions, transnational education programs and an English- and French-speaking environment.
This offers opportunities for Australian education providers in higher education, vocational training, research collaboration, student mobility and executive education, with WA’s Curtin University establishing a campus in Mauritius.
Skilled workforce and business-ready infrastructure
Its bilingual English and French-speaking workforce also provides advantages for businesses operating across diverse markets.
“Mauritius’ need to adapt over many decades has led to the development of strong institutions, skilled people and excellent business facilities,” Seeneevassen said.
“That gives businesses a stable and well-connected base to operate across Africa and beyond.”
Opportunities for WA businesses
Mauritius’ proximity to resource-rich African countries makes it an appealing base for mining and mining, equipment, technology and services (METS) companies.
“Many mining and resource companies already use Mauritius as a gateway into Africa because the financial systems, legal frameworks and risk management structures are already established,” Seeneevassen said.
“For Western Australian businesses, Mauritius can provide a stable and internationally-connected base while operating in resource-rich African markets.”
She said manufacturing, education, renewable energy, medical industries and professional services also present opportunities.
On education opportunities, Seeneevassen said: “With increasing demand for internationally recognised qualifications across the continent, Mauritius offers an ideal environment for branch campuses, joint degrees, online learning delivery, research partnerships and student recruitment initiatives targeting African students.”
FIND OUT MORE: Businesses interested in exploring opportunities can engage with Mauritius’ Economic Development Board, which acts as a one-stop shop for investment and market entry support.
If you are looking for support or advice in business, investment or trade, contact our experienced International Trade Services team at [email protected].
