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AfricaMoney | August 20, 2017

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Mauritius to share its economic expertise with Gabon

Mauritius to share its economic expertise with Gabon

In turn, Gabon will offer facilities to Mauritius by acting as a window of opportunity for the Gulf of Guinea which is a very important developing market, and also provide a platform for Mauritian exports to the United States. (Image: World Maritime News)

Mauritius finance minister Xavier-Luc Duval, on the eve of his departure to Libreville, Gabon, announced that the island economy is willing to share its expertise across economic sectors with the Central African economy.

During his meeting with Gabonese journalists at the Le Meridian, Mauritius, Duval was questioned about the expanding economic sector for both countries as well as the allocation of 50 scholarships for the tertiary education to the African students.

“Our two countries need far-reaching growth which requires not only deep pockets but also adequate human resources. The possibilities that exist for Mauritius to invest in Gabon, and vice versa, are very real. And I can assure you, for my part, that the Mauritian government will determinedly support all partnership projects between our nations,” Duval stated to the Gabonese journalists.

The Finance Minister met the President of Gabon, Ali Bongo Ondimba, and certain representatives of the Gabonese government such as his counterpart Christopher Akagha-Mba, among others.

He congratulated Ali Bongo Ondimba for the structural reforms which allowed the execution of the Strategic Plan for Emerging Gabon (PSGE) and highlighted that Mauritius is willing to become a privileged partner of Gabon.

Gabon will offer facilities to Mauritius by acting as a window of opportunity for the Gulf of Guinea which is a very important developing market, and also provide a platform for Mauritian exports to the United States.

Duval said that Mauritius wants to become a link between Africa and Asia, so he suggested Mauritian expertise to the Gabonese government in sectors such as tourism, food-processing industry, fisheries, real estate, and health.

Mauritian fisheries major Ireland Blyth, which has set up a fish processing firm under a Public Private Partnership with Gabon called Tropical Holding Companies, and steel major Samlo, which is interested in setting up a Ferro-manganese plant in Gabon, will be established in Libreville.

Several draft agreements were also evoked in the education and health sectors. It is to be noted that several agreements marking the beginning of economic cooperation between the two countries had been signed during Ali Bongo Ondimba’s last visit to Mauritius.

Besides, Duval invited Gabonese investors to invest in the island economy by assuring them that opportunities will be offered to them via Board of Investment (BOI) regarding facilitation for setting up as well as financing of their projects.

Accompanied by a strong delegation of Mauritian businessmen for his journey which ties in with the African strategy of Mauritius, the Finance Minister expressed the hope that his visit to Libreville would trigger investments, facilitate exchange of know-how and the formation of partnership between both countries.

An annual conference for government representatives in charge of agencies of investments promotion of both countries – the BOI for Mauritius and the APIEX for the Gabon – is planned in Mauritius next June.

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