Tag: Mauritius

Mauritius-based insurance group MUA Limited
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Mauritius-based MUA posts $7.85 million first-half profit as home market drives growth

MUA Limited’s first-half profit rose 48 percent to $7.85 million as stronger insurance earnings in Mauritius offset losses in parts of East Africa.

Omokolade Ajayi Omokolade Ajayi
Mauritius-based Cim Finance.
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Mauritius-based Cim Finance profit holds at $18.9 million despite higher impairments

Cim Finance posted $18.9 million profit as lending growth and higher revenue offset rising impairment losses in nine months.

Omokolade Ajayi Omokolade Ajayi
Mauritian financial group Swan General
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Mauritian financial group Swan General posts $28.1 million profit for 2025

Mauritian financial group Swan General posted a $28.1 million profit for 2025, driven by strong underwriting and investment growth.

Omokolade Ajayi Omokolade Ajayi
Africa
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Africa’s new credit rating agency set to launch in Mauritius

African Credit Rating Agency is set to launch in Mauritius, reshaping how investors assess African sovereign and corporate credit risk.

Timilehin Adejumobi Timilehin Adejumobi
Mauritius-based insurance group MUA Limited
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MUA posts higher first-quarter profit as Mauritius offsets Kenya, Uganda weakness

MUA Limited grows Q1 profit to $2.4 million, using local gains to counter challenging retail insurance environments in East Africa.

Omokolade Ajayi Omokolade Ajayi
Harel Mallac & Co. Limited, a Mauritius-based diversified conglomerate.
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Mauritius-based Harel Mallac steers recovery as turnaround efforts lift revenue to $72.5 million

Port Louis-based diversified conglomerate Harel Mallac returns to operating profit as turnaround efforts lift revenue to $72.5 million.

Omokolade Ajayi Omokolade Ajayi
Mauritius-based property developer Evaco Group.
LuxuryBusinessHot News

Debt costs push Mauritius-based Evaco Group to $3.1 million nine-month loss

Mauritius property developer Evaco Group falls into a $3.1 million nine-month loss as steep debt costs and plunging revenues stall corporate liquidity.

Omokolade Ajayi Omokolade Ajayi
Mauritius-based conglomerate Alteo Limited.
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Mauritius-based Alteo reports nine-month revenue above $70 million, assets top $500 million

Its profit, however, declined as gains in agriculture and real estate were offset by weaker energy revenue and lower margins, resulting in a decline in earnings.

Omokolade Ajayi Omokolade Ajayi
CIEL Group corporate logo representing the Mauritius-based conglomerate operating across hotels, healthcare, finance, and textiles.
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Mauritius-based CIEL Group posts $652 million revenue in 9M 2026

CIEL Group posts $652.8 million revenue for 9M 2026 as hotels, healthcare and finance offset weaker textiles performance.

Omokolade Ajayi Omokolade Ajayi
IBL Group headquarters at Caudan Waterfront in Port Louis, Mauritius, home to the Mauritian conglomerate.
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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.
LuxuryBusinessHot News

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