With the recent economic development in Africa and a predicted household consumption reaching USD 2.5 trillion by 2030, Africa positions itself as a very potential market. With the advent of the AfCFTA, Mauritian products & business partnerships can have a very competitive edge compared to other import sources. Coupled with the proximity to the Kenyan market, its ease of doing business, Mauritius is patently an attractive value -addition platform to African market as well as an attractive sourcing hub.
The manufacturing sector in Mauritius remains a major contributor to the Africa GDP at 13.3% and also a major employer, offering employment to over 80,000 people. The sector generated Rs 52.2 billion exports in 2021, representing a net 4% growth compared to 2020, after compensating for depreciation against the dollar.
Following the lockdowns due to the Covid 19 pandemic that disrupted the Africa’s development trajectory and the ripple effect of the Russia-Ukraine war on food security and supply that has slowed down progress towards achieving SDG2, which is zero hunger by 2030, to restart the African countries economies, much emphasis has been laid on the necessity of a regional value chain for preventing future ruptures in the supply of raw materials and end products. This is to boost intra-trade in Africa that will seek to ensure food availability and tackle price volatility across the value & supply chain.
in light of this, and Following the success of the EDB Mauritius Trade Mission late last year in Kenya, Eminence Global Firm supported by EDB Mauritius has been mandated to organize a trade mission to Mauritius from June 5th to 9th, 2023 to further deepen & strengthen Kenya – Mauritius business relations. The trade mission to Mauritius is a lucrative opportunity for business partnerships and investments scale-up.
The Kenya- Mauritius Trade mission will involve carefully selected, and registered delegates involved in the Kenyan Trade and Investment Sector. Additionally, it offers certain benefits that will familiarize you with the business terrain in the country as well as present opportunities for trade partnerships and investment opportunities between the two countries
The Kenya -Mauritius Trade and Investment Mission will be happening on the 5th to 9th of June this year in Mauritius. The mission will involve a delegation from Kenya comprised of leading business leaders and entrepreneurs, heading to Mauritius to forge business partnerships, probably invest, and also to observe, study and understand how best we can work together for the mutual benefit. The five day mission should be rather impactful for the business industry and economy as we can try and get to understand the steps they have taken to elevate to an upper -middle income state.
The trade mission will hopefully connect and strengthen the two counties in Trade and Investment. It will introduce, share and exchange ideas between the two states that will foster a mutually beneficial business relationship onto the future.
For organizations and personalities involved in trade and investment, this is an opportunity that should not be missed. A stride into further economic networks, prosperity and connection between two of Africa’s economic giants in their own accords.
- Agro-industry – Creative Industry – Ocean Economy – Renewable energy – Financial Services – Freeport and Logistics – Healthcare
- Real Estate & Hospitality – Lifesciences – Sport Economy
- ICT – Manufacturing Industry – Education
OR CLICK ON THIS LINK REGISTER
For any quieries regarding the Kenya-Mauritius Trade mission in June this year, email email@example.com.
Here is a recap of the Mauritius – Kenya Trade Mission that happened in mid-October last year. Strengthening Regional Value Chain, Intra-Africa Trade Mauritius-Kenya. Click HERE