Mauritius is considered to be a model of stability and economic prosperity in the African region. An island that was once dependent on sugar exports, has built up an important tourism industry, a strong outsourcing and financial services sector, and now boasts one of Africa's highest per capita incomes. Since developing from a low-income, agricultural economy, to a middle-income diversified economy, the country has attracted more than 32,000 offshore entities.
Recently, ICT, property development, renewable energy, and education and training have emerged as important sectors, attracting significant investment from both local and foreign investors. The marine economy is also under development.
Mauritius is ranks highly in terms of economic competitiveness, a friendly investment climate, good governance and a free economy.