Mauritius Seeks to Stabilize Rupee, Revive Stock Exchange

Mauritius Seeks to Stabilize Rupee, Revive Stock Exchange

The new government in Mauritius will prioritize measures to stabilize its currency and draw foreign investors as it seeks to revive its beleaguered stock exchange.

Pending the renewal of the Africa Growth and Opportunity Act (AGOA), which remains in suspense with the uncertainties of the Trump administration, Mauritius says it is ready to engage in bilateral agreements, including with the United States. The 176th Annual General Meeting of the Mauritius Chamber of Commerce and Industry (MCCI) at the Caudan Arts Centre* will have demonstrated that the government and the private sector are in harmony to ensur…

The commitment of the International Finance Corporation (IFC) to fostering private sector growth in Mauritius was at the heart of the discussions during the courtesy visit that the IFC Regional Director for Southern Africa, Ms. Cláudia Conceição, granted to the Prime Minister, Dr. Navinchandra Ramgoolam, on Wednesday, April 2, 2025, to the New Treasury Building in Port-Louis. She was accompanied by the World Bank Resident Representative, Mr. Sja…