Tag: Mauritius

IBL Group headquarters at Caudan Waterfront in Port Louis, Mauritius, home to the Mauritian conglomerate.
BusinessGlobal NewsHot News

IBL Group, Mauritius’ largest conglomerate, posts $2 billion nine-month revenue

IBL Group posts revenue above $2 billion for nine months to March 2026, with growth across operations and assets reaching $3.04 billion.

Omokolade Ajayi Omokolade Ajayi
Hot NewsLuxury

Mauritius eyes 100 wealthy investors a year with golden visa push

Mauritius plans to attract 100 high-net-worth investors annually through a golden visa requiring at least 1 million dollars in investment.

Omokolade Ajayi Omokolade Ajayi
Aerial view of LUX Grand Baie in Mauritius, a flagship property of LUX Island Resorts under IBL Group’s luxury hospitality and tourism expansion strategy.
BusinessHot NewsLuxury

LUX Island Resorts posts $191 million revenue, higher profit in 9M 2026

LUX Island Resorts posts $191 million revenue in 9M 2026, with higher profit, stronger occupancy, and asset base rising to $437 million.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Clean energy push could unlock 32,000 jobs in Mauritius by 2030

World Bank report says clean energy and ocean investment could create 32,000 jobs in Mauritius by 2030.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Mauritius-based MCB Group posts $315 million profit as earnings climb 15%

Mauritius-based MCB Group posts $315 million profit, up 15%, with assets exceeding $23 billion and global operations expanding.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

IBL Group revenue hits $1.5 billion as regional diversification drives growth

IBL Group posts $1.5 billion revenue as regional diversification boosts profit and cuts net debt, driven by retail and overseas operations.

Omokolade Ajayi Omokolade Ajayi
BusinessTourism

Mauritius’ Sun Limited posts nearly $90 million in 2026 half-year revenue

Mauritius’ Sun Limited reports $88 million in half-year revenue, boosted by hotels, resorts, and rising visitor arrivals.

Omokolade Ajayi Omokolade Ajayi
Silverbacks Holdings tenth profitable exit
BusinessHot News

Mauritius firm, Silverbacks Holdings, bets on Africa’s sports and media

Silverbacks Holdings is turning Africa’s sports, media, and entertainment into investable global assets.

Feyisayo Ajayi Feyisayo Ajayi
Mauritius Airport arrival
Hot NewsTourism

Mauritius tourism climbs in April as French market leads

Mauritius welcomed 120,157 visitors in April 2025, a 13.8% rise from last year, led by strong arrivals from France and the UK.

Feyisayo Ajayi Feyisayo Ajayi
MCB GROUP
BusinessHot News

MCB Group’s $2.55 billion market cap cements spot as Mauritius’ most valuable company

MCB Group, Mauritius’ top bank, is expanding across Africa, with strong profits, rising dividends, and a growing international footprint.

Omokolade Ajayi Omokolade Ajayi
Mauritius
ExclusiveTourism

How tourism is shaping Mauritius’ economy

Mauritius' tourism industry drives economic growth, contributing 13.6 percent to GDP and 40 percent to foreign exchange earnings.

Feyisayo Ajayi Feyisayo Ajayi
Aerial view of LUX Grand Gaube, Mauritius
BusinessTourism

Paradise under threat: Africa’s safest tourist haven could run out of water by April

If the situation doesn't improve by April, the island could find itself without enough water to sustain its population and vital industries.

Omokolade Ajayi Omokolade Ajayi