AGP Executive Report
Last update: 5 hours agoEconomic Pressures: An editorial calls for a reality check on Mauritius’s growth model: listed-company profits rose an estimated 85–90% from 2019 to 2026, nearly twice the pace of nominal GDP, while households face high living costs and housing pressures. Business Summit: Mauritius will host the U.S.-Africa Business Summit on December 6–9, bringing together companies, investors and officials, with energy, infrastructure, agribusiness, finance and technology among the priority sectors. African Finance: The Africa Credit Rating Agency, unveiled in Port Louis, aims to provide Africa-focused assessments; the UN says high risk premiums cost the continent about $75 billion a year in excess interest. Sugar Trade: Mauritius’s Devesh Devani has been chosen to lead the International Sugar Organization for its first four-year term, starting in 2027, after Kenya helped broker agreement among member states.
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