AGP Executive Report
Last update: 5 hours agoCredit Ratings in Mauritius: The African Union plans to unveil its homegrown Africa Credit Rating Agency (AfCRA) in Mauritius in early October, aiming to counter perceived bias from global agencies and strengthen African capital markets. Regulators on Markets: India’s SEBI moved fast to ban a JPMorgan-linked entity and a broker over alleged manipulation tied to the new Closing Auction Session, signalling tighter oversight for equity derivatives. UPI Goes Cross-Border: Bank of Baroda launched “UPI Global Reverse Acceptance,” letting international tourists (including from Mauritius) pay at Indian merchants by scanning UPI QR codes using their home-country payment apps. Mauritius in Africa’s Health Story: WHO says several countries including Mauritius have hit major disease-elimination milestones despite deep cuts to health funding. Digital Finance Growth: Coverage marks UPI’s 10-year surge, with the system now accepted across multiple countries and driving cash-to-digital shift. Trade & Investment Links: British Virgin Islands officials visited India to deepen financial services and explore an MoU with GIFT City—relevant to offshore flows that also touch Mauritius-linked structures. Energy Security Tie-Up: India and Mauritius continue expanding cooperation on fuel supply and oil & gas arrangements to reduce price volatility.
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.
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