AGP Executive Report
Last update: 2 hours agoAfrican Finance: The African Union launched its new credit rating agency in Port Louis, giving African economies an additional voice in how their risks are assessed. Its credibility will depend on rigorous, transparent ratings and independence from political pressure. Chagos Dispute: Prime Minister Navin Ramgoolam has warned the UK that Mauritius may pursue legal action over delays to the sovereignty deal, insisting the islands’ sovereignty is “not negotiable.” Economic Outlook: A World Bank report warns Mauritius’s growth could slow from 3.2% in 2025 to 1.2% by 2050 without structural reforms; Moody’s also lists Mauritius among four African countries with a negative outlook. Regional Aviation: Southern African airlines have elected new leaders at their association’s annual meeting in Mauritius, where industry representatives called for action on high costs, weak connectivity and slow reforms.
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