The Mauritian Miracle is a net negative for the African continent, as despite have substantial sugar, textile, and tourism industries, Mauritius is debatably just another tax haven, allowing tax revenues to be sucked out of African nations. Mauritius is home to more than 21,000 businesses despite being a tiny island nation, its international reputation for extreme low taxes has attracted business assets of over $630 billion, the total GDP of Mauritius is a mere $26 billion in comparison. Many Mauritian registered companies exist only on paper in Mauritius and operate across sub-Saharan Africa. Oxfam and the EU Economic Commission have suggested the country is an effective tax haven, and accused its financial sector of having a negative effect on other African countries.
mattkennard.tumblr.com/post/179272631293/african-governments-are-paying-for-the-world newstatesman.com/international/2020/12/end-empire-and-rise-tax-havens icij.org/investigations/mauritius-leaks/treasure-island-leak-reveals-how-mauritius-siphons-tax-from-poor-nations-to-benefit-elites qz.com/africa/1673027/how-did-mauritius-become-a-global-tax-haven