AGP Executive Report
Last update: 2 hours agoEnergy & Renewables: NTPC has incorporated NTPC (Mauritius) Energy Limited in Mauritius to develop a Floating Solar PV project with Battery Energy Storage, with the subsidiary set up on 26 June and capitalised at MUR 1 million. Solar Finance: The Abu Dhabi Fund for Development and IRENA earmarked $25m in concessional loans for solar PV projects in Mauritius and Rwanda, aiming to expand low-cost renewable power access. Tourism & Hospitality: Trou aux Biches Beachcomber will reopen on 15 October after a four-month renovation and beach restoration focused on coastal resilience, with a refreshed resort identity and new dining concepts. Aviation & Travel Payments: Mastercard launched Priceless Africa across nine markets including Mauritius, offering curated experiences and travel perks for cardholders. Regional Finance & Trade: Afreximbank appointed Peter Adeshola Olowononi as Southern Africa Regional Operations Director, covering Mauritius among 13 countries. Industry & Skills: ITM 2026 (textile machinery) wrapped in Istanbul with global participation, underlining ongoing demand for textile production upgrades.
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