Mauritius

Mauritius is famous for its underwater waterfall. This phenomenon is unique and can only be witnessed from above. This illusion captivates people from all around the world and the geography behind it is really fascinating. Mauritius is located on a gigantic plateau created millions of years ago by the seafloor spreading. The massive drop goes down for thousands of metres creating a waterfall effect. Due to the angle of the island, there is a down pulling effect when the waves come on the shore and displace the sand. This movement pulls the silt and sand down the drop, thus creating the illusion of an underwater waterfall.

Mauritius' Economy

The economy currently depends on sugar, tourism, textiles and apparel, and financial services, but is expanding into fish processing, information and communications technology, and hospitality and property development.

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.

Our Africa Team

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