AGP Executive Report
Last update: 11 hours agoRenewables Deal (Mauritius link): Aditya Birla Renewables has agreed to buy Shell’s India renewable platform Sprng Energy via Mauritius-incorporated holding company Solenergi Power in a Rs 17,200 crore (about $1.8bn) deal, adding roughly 5 GWp of contracted capacity (3.3 GWp operating, 1.7 GWp under construction) and expanding ABReN’s portfolio toward its 20 GW target. Telecom Restructuring: Singtel has placed its Mauritius-incorporated subsidiary Viridian Limited into members’ voluntary liquidation, saying it should not materially affect group earnings or net tangible assets. Air Connectivity (Mauritius): Ethiopian Airlines launched a direct Addis Ababa–Mauritius passenger service with three weekly flights, aiming to boost trade, tourism and people-to-people links. Media & Streaming (Mauritius included): eMedia launched Openview Stream, Africa’s first independent FAST platform, rolling out initially to Kenya, Ghana, Rwanda, Zambia, Botswana, Namibia and Mauritius. Governance & Pensions (Mauritius): An opinion piece argues Mauritius’ pension reform and governance failures are undermining the welfare state, citing policy drift and the Basic Retirement Pension/Sate Age Pension freeze. Business & Markets (regional): Alphamin Resources reported record Q2 EBITDA guidance of $167m and an exploration update, while PE firms including Warburg Pincus, Bain and CVC are in talks to buy into India’s Agappe Diagnostics—Mauritius-based Sycamore Holdings is a key shareholder.
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