The engagement of the Mauritius International Financial Centre (IFC) as a leading platform for trade, investments and capital-raising for the African region, has been reiterated by the Minister of Financial Services and Good Governance, Mr Mahen Kumar Seeruttun.
He was speaking at the opening of the fifth edition of the Pension Funds and Alternative Investments Africa Conference being organised by AME Trade on 14 and 15 July 2022 in Mauritius.
The conference focusing on the theme, Navigating the Recovery – Investing in Alternatives for Higher Returns and Sustainability, is bringing together policy makers, fund administrators, investment professionals and investors, to discuss on the growing interest for investments into infrastructure, private equity and venture capital in Africa.
Minister Seeruttun reiterated the impactful role of Mauritius as an important economic hotspot for investment opportunities in Africa. Government, he stated, takes purposeful strides in advancing the “Mauritius for Africa” agenda.
He emphasised the need to accelerate the shift to a more productive, sustainable, and equitable growth through investment in new green and digital technologiesin the face of challenges such as the COVID-19 pandemic and the Ukraine crisis.
The potentials of Africa that should be tapped into were also underscored by the Minister.
Speaking on initiatives for more responsible investment, Mr Seeruttun pointed out that his Ministry is working with the National Committee on Corporate Governance regarding an Environmental, Social and Governance framework to create a more sustainable environment for investments.
The Minister in addition spoke of the continuous innovation of products available to Fund Managers for an efficient structuring of their businesses.
“We have introduced new activities for regional headquarters and fund/asset management with the introduction of special tax regimes”, he said.
More recently, he indicated, a new product – Variable Capital Companies – which is an attractive structure for various types of funds, has been launched.
The Financial Services Minister invited investors to do business in Mauritius as the country has a robust and modern Anti-Money Laundering/Combating the Financing of Terrorism and is compliant with the standards of the Organisation for Economic Co-operation and Development.
Pension Funds and Alternative Investments Africa Conference
Keynote speakers will share, during the event, perspectives about the current environment, their investment strategies and consider the positive opportunities for investors within the wider economic situation.
Discussions will address the following issues:
- The current global economic and investment landscape that investors are dealing with as the post-pandemic recovery strengthens.
- The ways markets will respond to rising interest rates, inflation as well as geo-political and trade tensions.
- Investment strategies that are thriving and resilient asset allocation strategies that work for pension funds in a post-pandemic investment landscape.
- The sustainable long-term investments that can help address pension fund solvency ratios, assets vs liabilities.
- Positive outlook for Private Credit, Hedge Funds, Private Equity, Venture Capital and Real Estate.
- Key considerations for investments offshore going forward.
Original article at GIS Mauritius
