Mauritius

One of the world's leading financial centres

» ICECAP is regulated by the Jersey Financial Services Commission in Jersey. We are currently in the process of attaining the equivalent regulatory license in Mauritius. «

The World Bank’s 2018 Ease of Doing Business Index ranks Mauritius 25th worldwide out of 190 economies in terms of ease of doing business.

Mauritius offers investors the advantages of an offshore financial centre in the Indian Ocean, with a substantial network of treaties and double-taxation agreements, making it the gateway for routing funds into Africa and India

United Nations Conference on Trade and Development World Investment Report.

Why Mauritius?

  • Since 2012, Investment entities from Mauritius have invested USD 3.5 billion in high value projects in Africa
  • Mauritius is a well regulated tax efficient jurisdiction, subscribing to internationally agreed best practice
  • Access to well educated human capital
  • Has a robust legal framework modelled on English common law
  • Offers a wide range of diverse investment structures governed by a simple regulatory and tax framework
  • Has a strong Double Taxation and Investment Protection and Promotion Agreement framework

The African Story

  • The African continent is projected to grow at 4.5% per annum over the next few years
  • Africa’s population is expected to be the fastest growing between 2018 – 2050, with an expected doubling of the population to c2.4 billion, representing more than 25% of the worlds population
  • By 2025, an additional c200 million people in Africa are expected to be living in urban areas
  • Africa’s infrastructure requirements amount to US $130-170 billion a year. Significant examples include:
  • Tanzania’s Bagamoyo Port to become Africa’s largest port, with capacity to handle c20 million containers per year
  • Has a strong Double Taxation and Investment Protection and Promotion Agreement framework
  • Konza Technology City, a $14.5 billion software hub in Kenya; – Nigerian, $11 billion Lagos-Calabar coastal railway
  • $4.8 billion investment in the Grand Ethiopian Renaissance hydroelectric Dam
  • Africa has significant natural resources (c10% of global oil reserves, c40% of gold and c80% of chromium and platinum). However, Africa only accounts for 1% of global manufacturing and 2% of world exports

Mauritius continues to be used as a platform for investment into Africa and Asia and to reinforce its reputation as a jurisdiction of substance through its network of IPPAs and DTAAs. Nearly 40% of all Africa-focused private equity funds were domiciled in Mauritius in 2014 which suggests that Mauritius’ growing financial sector is responsible for a significant portion of all FDI flowing into Africa.