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AGP Executive Report

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Cross-border payments: The Maldives Monetary Authority has successfully integrated Favara with India’s UPI, and the Favara‑UPI corridor went live on July 30, enabling real-time transfers from Maldivian rufiyaa to Indian rupees via participating banks Bank of Maldives and Maldives Islamic Bank, with family-maintenance and gift remittances supported in the initial phase. Mauritius in the payments ecosystem: The same coverage notes UPI acceptance in Mauritius, highlighting the growing regional reach of instant payments. Banking tech for Mauritius-linked operations: Investec selected Infosys Finacle on Microsoft Azure to modernise banking across South Africa, the UK, Mauritius and the Channel Islands, as part of a multi-country platform migration. Corporate restructuring with Mauritius ties: Mahindra & Mahindra approved a merger by absorption of its Mauritius investment subsidiary, Mahindra Investment Company (Mauritius) Ltd, to streamline group structure and cut multi-jurisdiction compliance costs. Trade policy watch: India’s FTA monitoring committee is set to review how exporters are using its 16 trade agreements, including the India–Mauritius CECPA, and identify barriers to better utilisation. Retail expansion: Krispy Kreme signed with ER Group to bring the brand to Mauritius, targeting around 10 outlets over five years. Digital finance regulation in Mauritius: TabTrade obtained an Investment Dealer licence for its Mauritius entity, four months after launching via a Saint Lucia setup.

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.

AGP Wire

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Jul. 16, 2026

TM Forum, Mauritius Telecom launch trusted AI model certification push

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Jul. 9, 2026

BB Energy closes $272.5 million global revolving credit facility

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Jun. 25, 2026

Lavasource taps Faisal Hawa as chief growth officer

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Jul. 2, 2026

Constance Sakoa Boutik earns first Green Globe certification

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Mahindra Board Approves Merger of Mauritius Investment Subsidiary

Mahindra Board Approves Merger of Mauritius Investment Subsidiary

Govt looks to improve FTA utilisation as trade pact network expands

Govt looks to improve FTA utilisation as trade pact network expands


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Jul. 30, 2026

ALPHAMIN ANNOUNCES APPOINTMENT OF DIRECTOR/ FILES Q2 2026 FINANCIAL STATEMENTS AND MD&A

GlobeNewswire, Inc.

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Jul. 29, 2026

Centrino Capital Secures Mauritius FSC License Approval to Support Regulated Global Expansion

GlobeNewswire, Inc.

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Jul. 16, 2026

Mauritius Telecom and TM Forum pioneer trusted Model-as-a-Service for the AI-native telco

EIN Presswire

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Jul. 16, 2026

OFinancial Strengthens Global Regulatory Presence with New Mauritius FSC Licence

GlobeNewswire, Inc.

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Jul. 10, 2026

Fertilizer trade impacted by Strait of Hormuz conflict

World Trade Organization

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Jul. 1, 2026

Introducing Siris Broker — a Mauritius FSC-licensed CFD and FX brokerage purpose-built around client experience.

GlobeNewswire, Inc.

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