AGP Executive Report
Last update: 10 hours agoMauritius Business & Finance: ER Group, formed from the Rodgers–ENL merger, says its first year delivered about $1bn revenue and a post-tax profit of Rs 5.4bn, with an East Africa co-investment vehicle in Nairobi and expansion plans including energy in Tanzania and a Zanzibar resort acquisition. Regional Investment Climate: Bloomberg’s 2026 Investment Risk-O-Meter puts Mauritius top in Africa, while Nigeria climbs four places to eighth, citing gains in economic strength, fiscal strength and external vulnerability—against ongoing debt, FX and infrastructure concerns. Credit Ratings & Capital Markets: The UN Economic Commission for Africa and partners convene a 2nd Africa Annual Conference on Credit Ratings in Mauritius (5–6 Oct) focused on strengthening sovereign and corporate ratings and deepening local capital markets. Digital Economy & AI Governance: ICT regulators from across Africa meet in Nairobi to tackle AI, cyber risks, consumer protection and data governance—highlighting how policy must keep up with fast digital growth. Trade & Connectivity: Airlink launches a direct Cape Town–Mauritius route twice weekly, using the E195-E2 to cut travel friction for both tourism and business. Business Expansion in Africa: Monarch Capital buys a controlling stake in De La Rue Kenya EPZ after CAK approval, reshaping ownership of Kenya’s banknote printing business. Climate Diplomacy: Tuvalu warns COP31 must deliver action, not “another talk shop,” as leaders visit frontline adaptation projects ahead of Turkey’s COP.
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