AGP Executive Report
Last update: 6 hours agoRenewable Energy: NTPC has invited bids by December 7 for a 15 MW floating solar project at Tamarind Falls, paired with a 12 MW/60 MWh battery system. Shipping: Middle East disruptions are shifting refuelling demand toward Port Louis, alongside ports in South Africa and West Africa, creating opportunities for Mauritius as a bunkering hub. Business Climate: Water shortages and rising living costs have fuelled protests, prompting an extended curfew in ten regions and raising concerns about disruption to local commerce. Investment: India has notified changes to its tax treaty with Mauritius, adding a Principal Purpose Test that could put the commercial rationale behind investment structures under closer scrutiny. Financial Services: The African Credit Rating Agency, launched in Port Louis this month, aims to widen access to ratings and better reflect African economies for investors.
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