From the Xinhua News Agency (link):
China’s leading suppliers of networking and telecommunication, Huawei Technologies, opened on Wednesday a financial center in Mauritius to provide services to its subsidiaries in the sub-Saharan African region.
The opening of the Shared Services Center (SSC) is aimed at reducing costs, providing better service both in terms of accuracy and timeliness of info, standardizing accounting processes, unifying professional skills and IT technology and optimizing working capital.
Paul Wu, general manager of Huawei Technologies Madagascar, said it was the healthy investment environment and the preferential financial and monetary policies in the country that attracted the company to set up its financial center there.
See also – “China’s Huawei Technologies expands into India” by Outsourcing Weblog; – “Huawei plans greater outsourcing to India” by Chitra Phadnis carried by the Hindu Business Line