AGP Executive Report
Last update: 10 hours agoAnti-corruption ties: Saudi Arabia and Mauritius signed an MoU between Nazaha and Mauritius’ Financial Crimes Commission to boost cooperation on preventing corruption and tackling cross-border corruption-related crimes, including information sharing, capacity-building and specialized integrity practices aligned with the UN Convention against Corruption. Digital connectivity: Mauritius will participate in the America-India Connect subsea cable programme, a government-backed move aimed at strengthening digital infrastructure and international connectivity, with the Prime Minister linking it to talks on Asia-Africa corridor trade and investment. Payments growth with local relevance: India’s UPI crossed 55.49 crore registered users (June 2026) and processed 24,161.69 crore transactions worth ₹314.23 lakh crore in FY2025-26, with UPI already live for merchant payments in Mauritius among other countries. Regional business links: PACCI elected Tanzania’s Vincent Minja as Vice President for the East African region (2026–2028), with Mauritius included among the 14 countries he will represent. Aviation and tourism connectivity: The Maldives and Ethiopia signed an air services agreement that could enable direct scheduled flights, with Mauritius previously among the Maldives’ similar aviation partners. Finance and offshore: Mercury Finance Company, an offshore Mauritius SPV overseen by Shapoorji Pallonji, issued $641m in bonds as part of a broader debt fundraising effort. Trade and travel tech: AI-native travel platform 30 Sundays raised ₹61 crore in a Series A led by Bessemer Venture Partners, and said it has expanded offerings to Mauritius while preparing further international launches.
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