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Newsletter September 2017 - Unleashing the potential of Mauritius as a fintech hub

EDITORIAL

Dear Valued Investors,

As the economy is maturing, we find ourselves at a crossroads. New pillars must be developed to achieve sustainable growth which will impact our life meaningfully. This can be achieved by carefully monitoring global trends, by reviewing our specificities and tapping more capacity to enhance our preparedness to seize arising opportunities.

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Positioning Mauritius as a Regional Fintech Hub

In line with the 2017-2018 budgetary measure announcing the creation of an association for the Fintech industry, the Board of Investment in collaboration with the Financial Services Promotion Agency organized a one-day consultative workshop themed “Shaping the Fintech Landscape” this morning, 20th  September 2017 at Le Meridien Hotel.  The objective of the workshop is to prepare an action plan for the sector and establish the goals and functions of the association. It sets the stage for the creation of a new economic pillar and provides a new dynamism to the ICT and financial services sectors.

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Signing of a Memorandum of Understanding between the Board of Investment Mauritius and the International Network of Francophone Investment Promotion Agencies (RIAFPI)

The Board of Investment is hosting a delegation from the International Network of Francophone Investment Promotion Agencies (RIAFPI) and the Ivorian Federation of Small and Medium-Sized Enterprises (FI-PME) for a benchmarking visit in Mauritius from 19th to 22nd September 2017.  The high-level delegation comprises presidents, heads of ministries, directors and executives from Burkina Faso, Côte d'Ivoire, Djibouti, France, Gabon, Madagascar, Mali, Morocco, Congo and Comoros.
 

Mauritius among the top Global Financial Centres in Africa

Mauritius establishes itself among the front runners in Africa and gains two places, securing the 69th position globally out of 92 international financial centres. The ranking was published in the 22nd edition of the Global Financial Centres Index  released on Monday 11th September 2017.  London retains its position as the World`s leading centre in terms of economic competitiveness followed by New York as the second best-performing financial centre.  Other well-established centres like Singapore, Hong Kong, Tokyo and Shanghai have maintained their respective position.

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