AGP Executive Report
Last update: 8 hours agoEnergy Deal for Mauritius: IndianOil and Mauritius’ State Trading Corporation signed a five-year government-to-government fuel pact in Port Louis, with IndianOil set to supply the island’s full petrol, high-speed diesel, marine gas oil and aviation turbine fuel needs—aimed at supply certainty and steadier prices. Banking Expansion: SBM Bank (Mauritius) subsidiary SBM Bank India is exploring a 26% stake sale, with proceeds earmarked as growth capital as it pushes credit growth and expands branches. Stablecoin Regulation Watch: Ghana, Mauritius and Uganda are moving toward shared stablecoin rules and standards, reflecting how tokenised payments are gaining traction in Africa. Retail & Payments Trend: Xinhua reports growing RMB use across Africa, expanding from trade settlement into payments, clearing and even financing as payment infrastructure improves. Industry Skills & Productivity: Ghana’s GEA and UNIDO ran Kaizen Awards to boost continuous improvement and productivity—an approach many MSMEs across the region are watching. Housing Sector Pressure: A major real-estate refund dispute involving foreign-linked Mauritius entities is back in focus, with regulators and courts issuing multiple directions and interest orders.
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