AGP Executive Report
Last update: 6 hours agoBanking & Finance: Mauritius-based Monarch Capital has won Kenya antitrust approval to buy a 60% controlling stake in De La Rue Kenya EPZ, leaving the Kenyan government with 40% via the National Treasury, after De La Rue suspended Kenyan banknote production in 2023. Climate Diplomacy: Pre-COP31 in Fiji and Tuvalu is drawing only two non-Pacific leaders so far, with Mauritius’ PM Navin Ramgoolam among the confirmed arrivals, as Australia defends the high cost and pushes for Pacific voices ahead of COP31. AI Governance: A Nairobi forum is bringing together regulators including Mauritius to tackle AI, cyber risks, consumer protection and data governance as digital services expand faster than rules. Mauritius Business Outlook: ER Group reports its first-year performance with about $1bn revenue and a Nairobi co-investment vehicle targeting East Africa, while Mauritius also tops Bloomberg’s investment risk ranking. Energy Access Gap: Uganda’s power generation has surged, but millions still lack reliable electricity—highlighting the gap between supply and delivery. Air Connectivity: Airlink launched a new Cape Town–Mauritius direct route twice weekly, boosting travel for both tourism and business. Digital Payments Security: Kenya proposes rules requiring mobile money providers to report cyber theft quickly, with penalties for non-compliance.
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