Mayotte Business Directory & List of Companies
Mayotte is an overseas department and region of France, located in the Indian Ocean, with population of 279,471 people. Mayotte became an overseas department of France on March 31, 2011, when it officially became part of the French Republic, and its status is similar to that of a French department on the mainland. This means that Mayotte is fully integrated into the French political and administrative system.
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As an overseas department of France, Mayotte is governed by French law, uses the Euro as its currency, and is represented in the French Parliament. It also benefits from French social services and infrastructure development. Mayotte is not considered an independent nation, and it does not have its own government or international recognition as a separate country.
Mayotte's status as an overseas department of France is distinct from its neighboring Comoros Islands, which are an independent nation. The political and cultural ties between Mayotte and France are significant, and the island is considered an integral part of France.
Capital City and 5 Largest Cities in Mayotte
- Mamoudzou Capital and Largest Commune: Mamoudzou is the capital city and the largest commune in Mayotte. It serves as the administrative and economic center of the island.
- Koungou is one of the largest communes in Mayotte and is located in the northern part of the island. It is known for its scenic coastline and beaches.
- Dzaoudzi is another significant commune in Mayotte, located on Petite-Terre Island. It is home to Mayotte's main airport and is connected to Mamoudzou by a bridge.
- Pamandzi is a commune situated on Petite-Terre Island, near Dzaoudzi. It is known for its beautiful beaches and tourist attractions.
- Bandraboua is one of the larger communes in Mayotte, located in the northern part of the main island. It is known for its agricultural activities and scenic landscapes.
Mayotte Economy in Figures
- Currency: The official currency of Mayotte is the Euro (EUR), as it is an overseas department and region of France.
- Gross Domestic Product (GDP): The GDP of Mayotte is relatively small compared to other regions. In 2020, the GDP of Mayotte was estimated to be around €2.6 billion.
- Economic Structure: The economy of Mayotte is diverse, with various sectors contributing to its GDP.
- Agriculture: Agriculture plays a significant role in the local economy, with crops such as vanilla, ylang-ylang, and cloves being important agricultural products.
- Fishing: Fishing is an essential industry in Mayotte, providing both sustenance and economic activity.
- Trade and Services: The trade and services sectors, including retail, tourism, and administration, contribute to the local economy.
- Remittances: Many residents of Mayotte work abroad and send remittances back to the island, which is an important source of income.
- Unemployment: Mayotte has faced challenges related to unemployment and social inequality, which are often more pronounced compared to mainland France.
- Tourism: Tourism is a growing sector in Mayotte due to its beautiful beaches, coral reefs, and natural attractions. However, the industry faces challenges related to infrastructure development and sustainability.
- Imports and Exports: Mayotte is dependent on imports for many of its goods, including food and manufactured products. Exports mainly include agricultural products like vanilla and ylang-ylang.
- Infrastructure: Investments have been made in infrastructure development, including transportation, healthcare, and education, to improve living standards and support economic growth.
- Dependency on Mainland France: Mayotte receives financial assistance from the French government, which helps support public services and development projects.
- Challenges: Mayotte faces challenges related to social inequality, illegal immigration, and limited resources. The island has been the focus of efforts to improve economic development and living conditions.
Ten Top Companies in Mayotte
Mayotte is an overseas department and region of France, and its economy is closely tied to mainland France. As such, it does not have distinct "Mayotte-based" companies in the same way that other countries might. The business landscape in Mayotte is largely influenced by French companies and government institutions. Therefore, you won't find a list of the top companies specific to Mayotte itself.
Instead, businesses in Mayotte often include branches or subsidiaries of larger French and international corporations, as well as local businesses serving the community's needs. Some of the types of businesses you may find in Mayotte include retail stores, restaurants, hotels, construction companies, agriculture-related enterprises, and service providers.
For information about specific businesses or economic activities in Mayotte, it is recommended to consult local business directories, government sources, or economic development agencies for the most up-to-date and relevant information.
Ten Top Banks in Mayotte
- Crédit Agricole: Crédit Agricole is one of the largest banking groups in France and operates branches in Mayotte, offering a range of banking and financial services to individuals and businesses.
- BNP Paribas: BNP Paribas, another major French bank, has a presence in Mayotte, providing banking and financial services to residents and businesses on the island.
- Société Générale: Société Générale operates in Mayotte, offering banking and financial solutions, including retail and corporate banking services.
- Banque Populaire: Banque Populaire is a French banking group with a presence in Mayotte, serving both individual and corporate clients.
- Crédit Mutuel: Crédit Mutuel has branches in Mayotte, providing a wide range of banking and financial products to its customers.
- Caisse d'Épargne: Caisse d'Épargne is part of the Groupe BPCE and offers banking services in Mayotte, including savings accounts and loans.
- Banque de la Réunion: Banque de la Réunion, a subsidiary of Crédit Agricole, has a presence in Mayotte, serving the banking needs of the local population.
- Banque Française Commerciale Océan Indien (BFCOI): BFCOI operates in the Indian Ocean region, including Mayotte, and offers a range of banking services to individuals and businesses.
- Société Marseillaise de Crédit: This bank, a subsidiary of Crédit du Nord, operates in Mayotte, providing financial services to residents and businesses.
- Caisse d'Épargne CEPAC: CEPAC is part of the Groupe BPCE and has a presence in Mayotte, offering banking and financial solutions.