On September 20-21 the Mauritius Board of Investment (BOI) hosted the Africa Partnership Conference. This conference, serving as a WAIPA Regional Meeting, was officially launched by Honourable Pravind Kumar Jugnauth, Minister of Finance and Economic Development of the Republic of Mauritius.
In his keynote speech, WAIPA CEO Bostjan Skalar stated that “Africa is making a concerted effort to become efficient in its regulatory framework in terms of Foreign Direct Investment (FDI) and WAIPA prioritizes Africa because FDI can add to investible resources and capital formation”.
Bostjan Skalar moderated the panel “Empowering Investment Promotion Agencies: Moving toward the fourth generation investment promotion”. The panelists addressed the shift to sustainable investment and the challenges & opportunities involved. Furthermore they discussed tools and systems that can be developed for Investment Promotion Agencies, as well as skills and technology transfer within Investment Promotion Agencies. All of these issues pertain to the ambition to to strengthen the business case for a successful Investment Promotion Agency.
During a private meeting, Bostjan Skalar and Minister Pravind Kumar Jugnauth addressed the importance of a common Africa initiative and cooperation between African IPA’s to strengthen concerted promotion efforts. Mr Skalar asserted that WAIPA supports the efforts of BOI to make Mauritius as gateway to Africa and also a financial hub.
WAIPA congratulates its member the Uganda Investment Authority for being awarded the title ‘Most Collaborative IPA’.