Mauritius 2nd on the Absa Africa Financial Markets Index 2021
Mauritius ranks 2nd on the Absa Africa Financial Markets Index 2021 (with a score of 70/100). Although dampened by low liquidity, the country’s robust legal framework and market environment remain favourable to foreign investment. It is the third time in a row that Mauritius secured its place on top on the table.
The Absa Africa Financial Markets Index comprises of 23 African countries, which are assessed over six pillars: market depth; access to foreign exchange; market transparency, tax and regulatory environment; capacity of local investors; macroeconomic opportunity; and legality and enforceability of standard financial markets master agreements. The Absa Africa Financial Markets Index has become a benchmark for the investment community and Africa generally to gauge countries’ performance across a host of indicators important for financial market development.
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