AGP Executive Report
Last update: 9 hours agoDigital Payments Boom (India): UPI hit record levels in May, with 23.2 billion transactions worth about ₹29.90 lakh crore, up 24% year-on-year in volume, driven by summer travel and IPL demand, while average ticket sizes keep falling as the system matures. Trade Deal (India–Oman): India and Oman’s Comprehensive Economic Partnership Agreement takes effect June 1, bringing 100% duty-free access for Indian exports across 98% of Oman’s tariff lines and boosting sectors like textiles, agriculture, engineering and marine products. Africa Finance Watch: A new snapshot of Africa’s external debt shows concentration at the top, with South Africa and Egypt accounting for about 60.9% of the $543.6bn total among the largest borrowers, while Mauritius sits at a smaller $2.14bn. Mauritius in the Payments Map: UPI is now live in more than eight countries, including Mauritius, highlighting growing cross-border digital payments links. Local Education Strategy (Mauritius): Mauritius launched a National Strategy for Higher Education, Science and Research (2025–35), aiming to position the sector as a global education hub amid skills and research productivity challenges. Business Media Expansion (Africa): CNBC Africa and KGL Group announced a Ghana country office partnership, with bureaus already covering multiple African markets including Mauritius.
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.
Perspectify News
