FSC conference charts next phase of Mauritius IFC

On 19 September, the Financial Services Commission (FSC) of Mauritius kicked off a two-day conference with the theme ‘Forward Looking’, which brought together leading stakeholders from the industry and government authorities to discuss the future path of the Mauritius International Financial Centre (IFC) in the light of the recent 10 Year Blueprint exercise and the […]

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Fintech seen contributing $150 billion to Africa’s GDP by 2022

The contribution of the financial-technology industry to sub-Saharan Africa’s economic output will increase by at least $40 billion to $150 billion by 2022, according to Financial Sector Deepening Africa, a development-finance organisation The industry currently employs about 3 million people directly and indirectly in the region, FSD Africa Financial Markets director Evans Osano said in […]

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Biggest Mauritian Bank Sees Infrastructure Boost for Economy

Mauritius’s biggest bank expects economic growth to accelerate next year, driven by railway, road and other infrastructure projects, its chief executive officer said. The Indian Ocean island nation’s economy will probably grow 4 percent in 2019, compared with 3.8 percent this year, MCB Group Ltd. CEO Pierre Guy Noel said in an interview Monday in […]

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Attorney General meets delegation from Permanent Court of Arbitration

GIS – 06 September, 2018: The Attorney General and Minister of Justice, Human Rights and Institutional Reforms, Mr Maneesh Gobin, met with a delegation from the Permanent Court of Arbitration (PCA) on 04 September 2018 in Port-Louis, to discuss PCA’s ongoing support of the development of Mauritius as a venue for international arbitration. During the […]

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MCB Group and AFDB launch the African Domestic Bond Fund

The African Development Bank (AfDB) and MCB Group launched the African Domestic Bond Fund (ADBF) today at the Hennessy Park Hotel, Mauritius on Monday 10th September 2018. The Fund, which will be listed on the Stock Exchange of Mauritius Ltd on September 18th, 2018, is the first multijurisdictional fixed income Exchange Traded Fund (ETF) on […]

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