09 October 2012

Mauritius: VPM Duval Obtains Finance Minister of Africa 2012 Award


Africa Investor has conferred the best Finance Minister of Africa 2012 Award to the Vice-Prime Minister and Minister of Finance and Economic Development, Mr. Xavier-Luc Duval, for demonstrating leadership in the financial domain. Earlier in July Mr Duval was acclaimed African Finance Minister of the year 2012 by the African Leadership Magazine.

Vice-Prime Minister Duval has been ranked ahead of the Minister of Finance and Economic Planning of Rwanda, Mr. John Rwangombwa; the Nigerian Finance Minister, Mrs Ngozi Okonjo-Iwealla; and the South African Finance Minister, Mr Pravin Jamnadas Gordhan, amongst others.

The panel of juries cited Mauritius for the active engagement into promoting regional integration and reducing cross border barriers to trade and investment.  This has further helped reinforce the country’s position as a gateway to Africa, as one of the features for the nomination. Other criteria consist of the active role played by Mauritius on the African front namely through the window Mauritius your business passport to Africa. The country has also contributed to developing a hospitable environment for investment in the sub-regions.

The award ceremony will take place on 11 October during the Africa Investor Investment and Business Leader Awards which will coincide with the annual meetings of the International Monetary Fund and the World Bank in Tokyo. For 2011 the Africa Investor Award for the Finance Minister of the Year was conferred to the Finance Minister of Ghana, Mr. Kwabena Duffuor.

The Africa Investor Investment and Business Leader Awards has, since 2005, become an annual event organised by African Investor in recognition of Africa’s best and competent leaders on a global stage. The objective is to reward the major achievements in the business and investment spheres within the African region.

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