Mauritius hosts Africa Partnership Conference to boost investments and intra-Africa trade
Africa Partnership Conference (APC), organised by the Economic Development Board, Mauritius, in collaboration with the Ministry of Finance, Economic Planning and Development of Mauritius, concluded successfully on the 3rd of October. This event marked the third edition of the APC, focusing on the theme — Unity in Partnership: Enabling Sustainable & Inclusive Investment.
The main goal of this conference was to foster connections between project promoters from various African nations and venture capitalists.
By encouraging collaboration between fund managers, institutional investors, and entrepreneurs, the APC aimed to drive growth in Africa.
Distinguished attendees included investment promotion agencies from 25 African countries, C-level executives, including Ministers from Africa, investors from Europe, the USA, and Asia, project promoters, policymakers, Heads of Investment Promotion Agencies across Africa, financial institutions, and global business representatives from Europe, Asia, and the USA.
The conference emphasised the vital role of Mauritius, with its International Finance Centre (IFC), Mauritius Freeport, and manufacturing capabilities, in assisting Africa to move up the value chain and achieve developmental objectives.
Dr.
Renganaden Padayachy, Minister of Finance, Economic Planning, and Development for Mauritius, while addressing the event, stressed upon the significance of unity and partnership in fostering sustainable and inclusive investment in Africa.
Padayachy also highlighted Africa's enormous potential, with a growing GDP, abundant natural resources, and a rapidly expanding middle class. He also stressed upon the importance of the African Continental Free Trade Area (AfCFTA) in enhancing economic
