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2015 Global PERE Awards: Momentum awarded Africa Firm of the Year for 2015 |
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At the 10th edition of the PERE Global Awards, the most coveted set of accolades in the global private real estate held earlier this month, Momentum Global Investment Management (Momentum) was conferred the award for Africa Firm of the Year for 2015. The award was granted in recognition of the successful launch of their debut real estate focused fund, Momentum Africa Real Estate Fund (Momentum Fund) in 2014.
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Visit of Lord Mayor of London in Mauritius |
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The Lord Mayor of the City of London, Lord Jeffrey Mountevans, led a business delegation to Mauritius from 28th February to 1st March 2016 in view of enhancing economic ties and collaboration especially in the financial and legal services sector.
During his short stay in Mauritius, Lord Jeffrey Mountevans was the guest speaker at a conference titled “The City of London: Your International Gateway” which was attended by high government officials and prominent figures in the finance and private sectors.
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Creation of an Air Corridor between Asia and Africa |
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| In October 2015, the Government of Mauritius had communicated its intention of creating an Air Corridor between Asia and Africa with the collaboration of Singapore Changi Airport. This is expected to enhance connectivity between both continents and help unleash their business potentials by providing a conduit for movement of goods and encouraging mobility of human capital. The Air Corridor was eventually created and the first flight under this new collaboration will be a direct flight from Mauritius to Singapore today, 11th March 2016.
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| Air Services: Mauritius and Germany sign a MOU and a BASA |
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On the 25th February 2016, Mauritius and Germany signed a Memorandum of Understanding (MoU) and a Bilateral Air Services Agreement (BASA) for enhanced air links between the two countries. This is expected to facilitate the movement of travelers and enhance trade and business between both countries.
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Japanese Embassy to be opened in Mauritius |
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| According to Mr. Ryuhei Hosoya, the ambassador-designate of Japan to Mauritius, the Japanese government intends to set up an Embassy in Mauritius in the forthcoming future. This is expected to further reinforce economic ties and collaboration between both countries and also contribute towards Japan’s strategy in using Mauritius as a gateway to invest into Africa.
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2016 KOF Index of Globalization – Mauritius ranks 2nd in Africa |
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The 2016 KOF Index of Globalization was released earlier this month and assesses 207 countries and territories based on the 3 main dimensions of globalization:
• Economic
• Social and
• Political
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2016 AT Kearney Global Services Locations Index – Mauritius ranked 3rd in Africa |
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| According to the recently released 2016 AT Kearney Global Services Locations Index (GSLI 2016), Mauritius ranks 3rd in Africa and occupies the 30th spot globally. This represents a notable improvement of 6 places on its previous global ranking issued in the 2014 index.
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DISCLAIMER The information in this e-newsletter was prepared by Intercontinental Trust Limited to provide potential clients with a broad overview of the opportunities available in Mauritius. While all reasonable care has been taken in the preparation of this e-newsletter, Intercontinental Trust Limited accepts no responsibility for any errors it may contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any person that relies on it. Readers are advised to consult with appropriate, qualified professional advisors before taking action. Intercontinental Trust Limited will be pleased to discuss any specific issues.
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