Mauritius: UK Based Financial Services Firms Demonstrate Concrete Interests In The Mauritius IFC
Last Updated: 10 May 2017

The United Kingdom, is and remains, one of the priority markets for the Mauritius IFC. To tap into opportunities arising for Mauritius, following recent global developments, the Financial Services Promotion Agency (FSPA) led a strong delegation of 20 companies represented by more than 30 professionals to the UK last week.

On the margins of the participation of the Mauritian delegation at the Africa Financial Services Investment Conference 2017 (AFSIC), the FSPA hosted a highly-targeted Mauritius IFC business meet on the 5th of May in London to showcase and reinforce the image of Mauritius as the investment hub for Africa and FINTECH related activities.

The Business Meet, officially opened by H. E Mr G. Nunkoo, High Commissioner of Mauritius to the UK, was attended by more than 100 highly targeted UK based operators in the fields of investment banking, asset and fund management, wealth management, family offices, legal services and Fintech amongst others.

Speaking at the Business Meet, H.E Mr. G. Nunkoo stated: "As financial centres, London and Mauritius have a lot in common and I am certain that by developing collaboration models, we can create, through the relevant institutions, opportunities for all ... Mauritius has the requisites to be used and act as a platform for investments into Africa and other emerging markets".

The business meet also featured two focussed panel discussions themed, "Mauritius-Access Centre of Choice for Africa And Other Emerging Market", moderated by Gail Mwamba, Managing Editor of the London based Private Equity Africa magazine; and "Exploring Regional Fintech opportunities in Africa", moderated by Nicole Anderson, CEO of Fintech Circle Innovate UK respectively.

Reactions from the business meet attendees:

"It's been an excellent initiative by the FSPA to organise this business meet here in London where all the panellists have clearly underscored the numerous advantages of using Mauritius as an investment hub, a capital raising platform as well as a Fintech hub for Africa", Sunil Benimadhu, Chief Executive of the Stock Exchange of Mauritius & Chairman of Global Finance Mauritius

"The event reinforced my belief that Mauritius is the jurisdiction of choice for investing in Africa", David Lashbrook, Head of Africa Real Estate, Momentum Global Investment Management

"The rapid development of Mauritius as an International Financial Centre coupled with the establishment of a Fintech hub is making it very attractive for business and technology focused companies like us to establish a major presence there. The FSPA has been instrumental in convincing us to establish in the Mauritius IFC. Mauritius acts as a gateway to Sub-Saharan Africa for the various ventures we are undertaking across the continent", Hirander Misra, Chairman of GMEX Group

'It is my personal conviction that Mauritius holds strategic relevance in the role it can play as an innovation gateway in FinTech for the African subcontinent. The business meet in London brought that even closer given the power list of panellists and the relevant and penetrating debate. I look forward to putting this all into action', Nicole Anderson, CEO Fintech Circle Innovate

"Everything about doing business in Mauritius is honest, friendly, responsive and modern", Wayne Sharpe, Executive Chairman & Founder of Global Exchange Markets

"A highly successful forum to increase the visibility of the Mauritius IFC and communicate its service offerings", Eric NG, CEO AAA Global

According to Harvesh Seegolam, Chief Executive of the FSPA: "This mission to the UK has been very timely and has allowed us to convince key UK based companies operating in the financial services sector about the Mauritius IFC. We have received concrete interests from operators looking at exploring opportunities in asset management, investment banking, Fintech, legal services, fund administration and fund and investment structuring amongst others. We are expecting a number of these projects to materialise, and inward delegations, in the next few weeks."

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

In association with
Press Releases from this Firm
Recent Content from this Firm
By Roy Neeraye
Font Size: