AGP Executive Report
Last update: 2 hours agoFinancial Markets: The African Union launched the Africa Credit Rating Agency in Port Louis on October 7. The privately run, self-funded agency aims to bring more African data and context into credit assessments; its independence and credibility will be crucial, and it is not expected to lower borrowing costs straight away. Credit Outlook: Moody’s has turned positive on sub-Saharan Africa, citing reforms and stronger commodity prices, but Mauritius is among four countries with a negative outlook. The regional shift is no guarantee of cheaper finance. Tourism and Connectivity: Airlink has started twice-weekly direct flights between Cape Town and Mauritius, giving visitors and business travellers an alternative to connecting through Johannesburg. Space Economy: Mauritius has unveiled its Space Strategy 2036, setting a framework to grow national space capabilities and link science and technology with research, innovation and economic development.
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