Mauritius: The Mauritius International Financial Centre is currently pursuing its second leg of the multi-city business forums in India, at Bangalore on February 9, 2023. The International Financial Centre(IFC), with its multicity business forums, envisages to bridge Asia and Africa by strengthening the partnership that exists between India and Mauritius on multilateral aspects.
The business forum was attended by around hundred persons, which included the business leaders, fintech experts as well as prospective investors. The forum also laid its emphasis on the opportunities for investing in Mauritius and providing a thorough understanding of the strong, regulated and robust ecosystem the country offers for establishing and expansion of businesses.
Furthermore, this forum also took up the opportunity to showcase the most innovative palette of new financial products in Mauritius, such as the VCC Plus, family office, green bond and the framework under its Virtual Asset and Initial Token Offering Services Act.
During the discussion event in Bangalore, India largely focused on showcasing Mauritius as an investment and fintech hub for investors all over. The event also acted as an enabler to network with India’s C – level executives across wealth, insurance, tax, legal and audit firms, etc.
The Minister of Financial Services and Good Governance at the conference focused on the rationale for Mauritius to be a destination of choice for investors for conducting business as a fintech and investment hub.Â
Notably, Mauritius is undergoing a commendable FinTech Revolution. The Financial Services sector in Mauritius is experiencing a digital revolution, making technology a vital component in the financial services. Moreover, an apt ecosystem for the business to thrive is attracting investors towards Mauritius already.
Mauritius is already serving as a viable FinTech platform for several companies which aim for business expansion towards Africa, with its business climate and investment protection and Promotion Agreements (IPPA’s).
