The fDi Intelligence magazine released its much-awaited 2022 Global Free Zones of the Year Awards on 3 October. Known as the world’s leader in monitoring development in foreign direct investment (FDI) across global free zones, this year, fDi Intelligence received 67 entries.

Mauritius fared well globally and features among the top 10 most performing freezones in 2022. As was the case in last year’s ranking, the country retains the top spot in the Africa region, owing to improved and sustained investment levels – indeed, overall investment has reached nearly $250m through 2025, and projects for the year 2022-23 expected to reach $50m.

The local freeport’s activities are currently undergoing a shift from logistics-based ones to those more focused on servicing exports in the Indian Ocean and sub-Saharan Africa. Coupled with its newly devised ESG framework, as well as the Economic Development Board (EDB) streamlining the procedures for the issuance of freeport certificates, Mauritius has proven its worth as the most promising free zone in the region.

Access the full list of rankings from FDI Intelligence here