AGP Executive Report
Last update: 10 hours agoMauritius Fintech Push: Mauritius launched its 2026–2030 National Fintech Strategy, aiming to make the island Africa’s “trusted fintech hub” through six pillars spanning regulation, digital infrastructure and cybersecurity, talent, market growth, international collaboration, and financial inclusion with consumer protection. Cross-Border Payments: India’s NPCI partnered with HSBC India and JP Morgan Payments to enable real-time FX settlement for international UPI transactions, with banking partners providing live currency conversion via API integration. UPI Growth Watch: UPI transactions in India moderated month-on-month to 22.72 billion in June (₹28.9 lakh crore), though value rose about 20% year-on-year; daily averages hit a record 757 million transactions. Air Mauritius Governance: Air Mauritius said its board may refer Kroll’s forensic findings on fleet transactions during its 2020/21 voluntary administration to Mauritius’ Financial Crimes Commission and police. Fuel Costs for Airlines: India cut ATF by Rs 5 per litre from July 1, alongside revised export duties on petrol, diesel and ATF. Healthcare Deal: Remgro completed its $947m acquisition for full control of Mediclinic Southern Africa, with operations spanning hospitals and ER24 across South Africa, Namibia and Mauritius. Digital Economy Boost: Google Cloud projected $90.6bn in added economic output and nearly 315,000 jobs in South Africa by 2030, unveiling five AI initiatives for Africa. Aviation Connectivity: Ghana’s parliament ratified bilateral air service agreements with Mauritius and five other countries to expand passenger and cargo links.
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.