English version | Version Française
  ISSUE No. 63
Gabon Business Forum

Honourable Xavier-Luc Duval, GCSK, Vice Prime Minister, Minister of Finance and Economic Development, led a delegation of 20 prominent Mauritian entrepreneurs from key growth sectors such as financial services, ICT, manufacturing, property and infrastructural development to the Republic of Gabon on an official investment promotion mission from 15th to 18th March.

The broad objectives of that mission were to strengthen the economic and commercial ties between the Republic of Mauritius and the Gabonese Republic as well as the adoption of a common vision and a joint action plan for African development. This trip followed the official visit of the President of the Republic of Gabon, H.E Ali Bongo Ondimba, to Mauritius in October 2013 to reaffirm and boost the strong bilateral relations established between the two countries in the 1970s.

The mission also served to assist the Mauritian delegation in identifying inter-trade and investment opportunities within the Gabonese market. The main objective of BOI was to open up new markets for financial services, ICT, knowledge and construction sectors through agreements, joint venture collaboration, strategic alliances, franchising and project financing throughout Gabon but also to promote Mauritius as investment destination.

Gabon

On Monday 17th March, Honourable Xavier-Luc Duval launched a business forum organized jointly by the Board of Investment and its Gabonese counterpart, the Agence de Promotions des Investissements et des Exportations (APIEX) in the presence of Mr. Christophe Akagha Mba, Gabonese Minister of Economy, Mr. Simon Ntoutoume Emane, Gabonese Minister of Labour and Mrs Nina Abouna, Director of the Agence de Promotions des Investissements et des Exportations du Gabon (APIEX). The forum was attended by the Mauritian business delegates as well as members of the Gabonese private sector. The objective of the forum was to present the business opportunities as well as investment projects already identified in Gabon, with special focus on the “Emerging Gabon Strategy”.

The Gabonese authorities emphasized the improvements that have been brought to the country’s infrastructure, connectivity and business framework in recent years. They also reiterated that they were seeking close collaboration with experienced Mauritian entrepreneurs to drive economic growth of their country and reaffirmed their commitment to sign the Double Taxation Avoidance Agreement between Mauritius and Gabon. Individual business to business meetings were held in the afternoon following the presentations between the Mauritian business delegates and their counterparts.

More B-to-B meetings were scheduled throughout Tuesday 18th March for the Mauritian business delegates with various companies and public institutions. Meetings were arranged with the top companies in Gabon and others according to the sectors of interest specified by the Mauritian delegates, namely in oil prospection, banking and insurance.

With respect to public institutions, meetings were also scheduled with the Director of Industry and Director of Tourism for various hotel and infrastructural projects identified as well as the ANINF (Agence Nationale des Infrastructures Numériques et Fréquences) for ICT connectivity projects and the Fonds Gabonais des Investissements Stratégiques.

A few requests were also forwarded to the APIEX by the Gabonese Chamber of Commerce and Industry on behalf of Gabonese businessmen who wanted to meet specific Mauritian companies in the delegation and further meetings were improvised with the respective Mauritian operators at Le Méridien Hotel. Various leads have been identified in sectors such as financial services, infrastructure development, ICT and even waste management. It is thus expected that the mission will help increase investments made by Mauritian firms in the continent and create new opportunities for the export of goods and services from Mauritius, thereby opening up the economic space for our businessmen and the services industry.

Return to Cover page  »