Jugnauth praises Mauritius’ democracy at launch of start-up accelerator

Mauritius’ stable democracy, strong financial centre and increasing focus on sustainability are great entry points for start-ups and impact investors.

Such was the claim of PM Pravind Jugnauth at the launching ceremony of the Katapult Mauritius Accelerator programme, at Ferney Agri-Hub, in Ferney.

He also proceeded with the inauguration of a co-working space for the accelerator at the venue.

The programme is said to be the first-ever African accelerator focusing on Regenerative Food and Agri-Tech for regional and international start-ups targeting the African markets.

Katapult Mauritius Accelerator programme’s main partners are Ferney Ltd (CIEL), IBL Group, Currimjee Group and MCB Group.

Katapult Group is a global investment company focusing on early stage  impact-driven technology with funding spanning three verticals namely Ocean, Finance and Food Tech.

Over the last five years Katapult has made 145 investments in impact tech start-ups from 35 different countries.

The accelerator is bringing world-class experts and investors to Mauritius by actively connecting them to the Mauritius ecosystem comprising start-ups businesses, academia and Government.