Dynamic market

  • Why invest in Mayotte

Dynamic market

Mayotte, a territory of strategic opportunities at the heart of the Indian Ocean

Situated at the confluence of East Africa, South Asia and European markets, Mayotte stands out as a territory in the throes of transformation, where demographic growth, public investment and infrastructure development are outlining the contours of a high-potential emerging market.

An economy in transition, supported by a dynamic public sector and strong domestic consumption

Mayotte's economic development is based on two structuring pillars:

Household and government consumption, which underpins domestic demand

Public procurement, an essential lever for investment, particularly in the fields of infrastructure, education and healthcare.

In 2021, GDP per capita will reach €10,600, up +11 % year-on-year, illustrating the strength of the economic catch-up underway. While this indicator remains lower than that of other French départements, it is already positioned above several neighboring economies such as Mauritius (€8,417/capita).

A young population and constantly expanding

With 256,000 inhabitants in 2017, average population growth of 3.8 % per year (between 2012 and 2017) and a median age of just 17.5, Mayotte has a young, dynamic population in demand of services, training and economic opportunities.

This youthfulness is a major asset for companies wishing to invest in training, technology, services and labor-intensive industries.

Deading needs in infrastructure and services

Mayotte still suffers from major structural shortcomings, which represent investment opportunities.

The support of public authorities and the incentives in place provide a favorable environment for high-impact structuring projects.

Health infrastructure

48 doctors per 100,000 inhabitants, compared with 153 in mainland France)

Waste and wastewater treatment,

Transport and sustainable mobility

Digital development and access to information.

A dense entrepreneurial fabric in need of structuring

The local economic fabric is largely made up of very small businesses (VSEs).

  • Over 90 % companies have fewer than 10 employees,
  • 95 % have annual sales of less than €750,000.

The most represented sectors are :

  • Personal and business services (33 %),
  • Retail trade (15 %),
  • Construction and real estate (24 % between them).

This agile and developing fabric benefits from local support systems, facilitating the structuring and upgrading of activities.

Ces éléments favorisent l’émergence d’un climat propice au financement de projets privés.

A banking system in consolidation

The financial sector is gradually gaining in importance:

  • 5 locally-based banking establishments cover almost 80 % of the credit market,
  • Outstanding loans to businesses rising steadily: 760.2 million euros at mid-2024 (+12 % in six months),
  • Bank penetration is on the rise, with territorial coverage still concentrated but developing.

These factors are conducive to the emergence of a climate conducive to financing private projects.

A trade deficit indicative of a high import substitution potential

Trade with countries in the Indian Ocean zone remains limited (53.9 M€ of imports, 3 M€ of exports in 2023), reflecting a strong need for local production, both to meet domestic demand and to develop a regional export strategy.

Mayotte's trade balance remains structurally in deficit:

Imports

Around 250 million euros of imports per quarter,

Exports

Less than 2.5 million euros in exports over the same period.

Un cadre propice à l’investissement et à l’innovation

A setting conducive to investment and innovation

Mayotte benefits from a number of economic development assistance schemes, particularly in the following areas:

  • Tax breaks and social exemptions,
  • European and national funding programs,
  • Support structures for innovation and business creation.

The island is a laboratory for sustainable economic development, with strong potential in the circular economy, agro-processing, renewable energies, digital and healthcare sectors.

Why investing in Mayotte?

A young and growing population, driving consumption and innovation

Identified structural needs, offering clear and immediate opportunities

A dynamic domestic market, supported by the State and local authorities

Strategically positioned in the Indian Ocean region

A structuring business environment, with financing on the rise

Today, Mayotte is one of France's last remaining high-potential territories.
Investing here means being part of a sustainable growth trajectory, at the heart of a young, ambitious and resolutely forward-looking region.