Mauritius

Located off the southeast coast of Africa, neighbouring the French island of La Reunion, Mauritius is an island state of 1.3 million inhabitants. It possesses an immense maritime territory of over 1 million square kilometres. The country’s political and economic situation has been stable since independence in 1968.

Mauritius' Economy

Mauritius' economic outlook is positive because of favourable external conditions and rising public investment. Real GDP growth is projected to be 4.0% in 2019 and 3.9% in 2020. Growth could even accelerate if the government’s public infrastructure program gathers pace and stimulates private investment.

Experience

  • Tessa Brewis assisted with reviewing and standardising constitution documents for Parmalat Africa subsidiaries (Botswana, Zambia, Mauritius and Mozambique).
  • William Midgley was involved in the establishment of the first listed property fund on the Mauritius Stock Exchange (MSE) for the Rogers Group including advising on the acquisitions of properties, structuring and tax issues in conjunction with local Mauritian lawyers and dealing with the MSE.
  • David Pinnock advised the Keller Group (a major British based ground engineering company listed on the London Stock Exchange) in its R500 million acquisition of the geotechnical contracting business owned and operated by Esorfranki Construction in South Africa, Botswana, the DRC, Ghana, Lesotho, Mauritius, Mozambique, Namibia, Seychelles and Swaziland. Following the closing of the sale transaction, CDH advised on and implemented a BEE share scheme for the new operating company, Franki Geotechnical.
  • Jay Govender assisting a leading global project developer in responding to a number of requests for proposals across various jurisdictions (Morocco, Ghana, Namibia, Mauritius, Egypt, South Africa and Zambia), including reviewing and advising on the proposed power purchase agreements, implementation agreements and connection agreements issued.