Ivory Coast and Mauritius boost economic cooperation

Apr 26, 2016

The Ivorian authorities are looking to stimulate investment in Ivory Coast.

Ivory Coast and Mauritius last week signed a number of partnership agreements to strengthen economic cooperation between the two countries.

They include a Memorandum of Understanding on cooperation between the Mauritian investment office and the Investment Promotion Centre in Côte d'Ivoire (CEPICI), on top of two agreements on economic promotion, investment protection, as well as economic, technical and financial cooperation.

Both nations hope to encourage investment in Ivory Coast from economic and financial operators based in Mauritius.

These agreements "set the stage for Maurice to become the springboard of investment to Côte d'Ivoire", said Xavier-Luc Duval, the Deputy Prime Minister of Mauritius.

He added that they also "open the way" to the signing of an agreement on double taxation between Ivory Coast and Mauritius.

Maurice holds again, in 2016, the first rank in Africa in the World Bank's Doing Business report, which assesses the quality and evolution of the business climate in 189 economies.ADNFCR-2976-ID-801817248-ADNFCR