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These helped absorb the shocks of the 2008/2009 global economic recession and the Euro-zone crisis and set the stage for Mauritius to resume accelerated growth in 2010.
The Business Facilitation Act of 2006 simplified the business licensing process with respect to starting a business and allowed businesses to start operations within three days of incorporation.
According to the ' African Countries of the Future 2011/12' report published by FDI Intelligence, a specialist division of the Financial Times, Mauritius moved up the overall ranking, climbing from fourth position to third overall, behind Morocco and South Africa.
The report indicates that Mauritius has the best quality of life and second best FDI strategy in Africa.
FDI’s Countries of the Future shortlists are created by an independent collection of data by the FDI Intelligence division across 59 African countries.
This information was set under seven categories: Economic Potential, Human Resources, Cost Effectiveness, Quality of Life, Infrastructure, Business Friendliness, and FDI Strategy.