AGP Executive Report
Last update: 10 hours agoBanking Results: Bayport Savings and Loans nearly tripled H1 2026 profit to GH¢118.3m before tax, as a payroll clean-up disrupted its core lending model but the lender leaned on a big jump in customer deposits and improved asset quality. AI for Industry: Mauritius Telecom joined TM Forum as a founding contributor to shape trusted Model-as-a-Service (MODaaS) certification, aiming to make AI operations governable and monetisable for telcos. Streaming Expansion: eMedia launched Openview Stream, an ad-supported FAST platform, rolling out first in Kenya, Ghana, Rwanda, Zambia, Botswana, Namibia, and Mauritius to tap demand for free streaming. Connectivity Boost: Mauritius President Dharambeer Gokhool hailed Ethiopian Airlines’ new direct Port Louis–Addis Ababa service as a “game changer” for tourism, trade and Africa’s connectivity. Regulatory/Markets: OFinancial secured a Mauritius FSC licence to expand its regulated trading footprint, while CBL International announced a 1-for-13 reverse share split to regain Nasdaq bid-price compliance. Sports Governance: ICC admitted Mauritius as its 111th member and approved a US$12.82m loan for Cricket West Indies, alongside new governance and franchise leagues committees. Travel Policy (Mauritius angle): Poland, Hungary, Luxembourg and Spain all published visa-free lists for 2026 that include Mauritius, though stays remain subject to entry conditions.
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