Tourism FDI represents the second largest FDI sector in Egypt, after manufacturing. Since the 1980s, Mauritius has been attractive to foreign investors looking for a place to set up manufacturing plant, including plants for electronic equipment. They have undertaken a number of measures to promote FDI into Africa and have facilitated access to their domestic markets. Measures to accelerate foreign debt relief are crucial in this respect, as a means of supporting economic growth in Africa. Official development assistance has a significant role in helping to build infrastructure and support domestic development generally.
International organizations are also active.
Trade and exchange rate liberalization are features of the reforms designed to facilitate international investment and to achieve an economic climate that encourages business development. We are seeing a gradual improvement in the economies around the region and accordingly we are expanding our business in countries where we are already present as well as opening up in new countries. Over the last four years we have re-opened in South Africa and opened branches in Tanzania, Cameroon, Algeria and Uganda. We have also invested heavily in Africa, forming several joint venture partnerships to further strengthen our system. We see great opportunities to market our products to sub-Saharan Africa's 600 million consumers.