Financial Crimes Commission investigates Avinash Gopee's companies over Rs 1.2 billion in loans

Mauritius-South Africa corridor aims to attract capital for African investments

The South African Chamber of Commerce, in partnership with Stewards Investment Capital, convened public officials, investors, and business leaders to discuss the Mauritius-South Africa economic corridor as a key driver for investments in Africa. At the "Catalysing Growth: Deepening Mauritius-South Africa Economic Relations – Trade & Investment" event, Minister of Foreign Affairs Ritesh Ramful emphasized the strong bilateral ties between the two nations, stating that "Mauritius attaches great importance to its strong bilateral relations with South Africa… The strength of South Africa is that of Mauritius." He advocated for strategic alignment to unlock the full potential of preferential partnerships, highlighting the private sector's role and the state's facilitating efforts through refining bilateral agreements, investing in infrastructure, and prioritizing ease of doing business. This corridor is emerging as a credible channel for deploying capital into Africa, combining the depth of South African markets with Mauritius's agility, regulatory stability, and international connectivity, especially in a global environment of tightening liquidity, geopolitical tensions, and increased governance demands. Bilal Adam, president of the South African Chamber of Commerce and CEO of Stewards Investment Capital, noted that capital is becoming more selective, requiring jurisdictions to offer both scale and structuring capabilities. Mauritius positions itself as a strategic platform at the