International Banking

Mauritius can compete with Dubai

April 18, 2018

Dr. Suresh Nanda, Head of International Banking at Bank One

“Mauritius is certainly the preferred jurisdiction in Africa for setting up of structures. Over the last few years, we have seen a clear trend where more and more African entrepreneurs are setting up their company structures in Mauritius. This is happening for two main reasons. Firstly, Mauritius is widely recognized as a strong jurisdiction with an excellent reputation and acknowledged stability. Secondly, there is an element of risk in many other parts of Africa and, whilst businessmen may be familiar with those markets and their specificities, they generally prefer the jurisdictional comfort of Mauritius for their corporate headquarters and structures. From our own experience in dealing with East Africa, Southern Africa and parts of West Africa, Mauritius is the choice jurisdiction across all these geographies.”

Read Dr. Suresh Nanda’s interview in Business Magazine.