AGP Executive Report

Last update: 5 hours ago

Mauritius-linked finance: FMB Capital Holdings reported 18% year-on-year growth in profit after tax to US$86.3m, driven by consumer lending across operating markets. Trade policy with regional knock-ons: India’s Commerce Minister Piyush Goyal said the India–U.S. bilateral trade agreement will be finalised only after Washington offers a preferential tariff rate; he also pointed to India’s expanding FTA network, including Mauritius. Textiles pressure: Goyal told the textiles sector it can’t blame external factors, saying tariffs in developed markets are at par with or lower than key competitors. Market access for exporters: India–New Zealand’s FTA is set to start next month, giving 100% duty-free access to Indian exports across 8,200 tariff lines, including textiles and processed foods. Blue Economy cooperation: Union and Zanzibar governments are deepening Blue Economy work via financing, skills and marine resource management, including marine spatial planning. Shipping and bunkering for Port Louis: HTM’s new tanker, Hercules Vanessa, began its maiden voyage and is sailing to Port Louis for bunkers and provisions before continuing to Cape Town. Energy infrastructure focus: Mauritius’ Govindranath Gunness urged Africa to modernise grids and distribution networks to close the electricity and clean cooking gap. Cyber risk for regional brands: Hungry Lion says customer credentials were exposed for months, with claims involving outlets across South Africa and Mauritius. Retail expansion across Africa: Shoprite agreed to acquire Vida e Caffè, a coffee chain with operations including Mauritius, to strengthen its QSR push. Digital payments reach: UPI hit 24.51bn transactions in August and is expanding abroad, including Uzbekistan via QR acceptance.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 16, 2026

TM Forum, Mauritius Telecom launch trusted AI model certification push

AGP

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Jul. 9, 2026

BB Energy closes $272.5 million global revolving credit facility

AGP

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Sep. 1, 2026

Influence Society to host hospitality AI event in Geneva region

AGP

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Aug. 17, 2026

MAXTECH pushes smarter maritime cargo handling with AI and full-scenario systems

AGP


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Lumino Industries shares soar 40% from IPO price after strong market debut. Should you buy or wait?

Lumino Industries shares soar 40% from IPO price after strong market debut. Should you buy or wait?

Andhra Pradesh CM Naidu directs TTD, Endowments officials to expedite construction of 5,000 temples

Andhra Pradesh CM Naidu directs TTD, Endowments officials to expedite construction of 5,000 temples


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Aug. 25, 2026

Lingyun Xiang Named “Mauritius International Goodwill Ambassador for Economic, Trade and Cultural Exchange”

GlobeNewswire, Inc.

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Aug. 12, 2026

Orca Energy Group Inc. Announces Completion of Q2 2026 Interim Filings

GlobeNewswire, Inc.

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Jul. 16, 2026

Mauritius Telecom and TM Forum pioneer trusted Model-as-a-Service for the AI-native telco

EIN Presswire

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Jul. 16, 2026

OFinancial Strengthens Global Regulatory Presence with New Mauritius FSC Licence

GlobeNewswire, Inc.

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Jul. 9, 2026

BB Energy Closes Global Syndicated 1 Year Revolving Credit Facility at USD 272.5 million

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Jun. 7, 2026

Mauritius Imposes Travel Restrictions Following Ebola Outbreak

MENAFN

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