Capital Economics Report
On 30 August 2021, a report by Capital Economics on the contribution of Mauritian investments into Africa was released. Key findings of the report include that investments from Mauritius account for US$82bn (9% of Foreign Direction Investment into Africa), generate US$6bn annually in tax revenue for African states, and support 4.2 million jobs (which create an additional US$30bn in spending power).
FATF on-site inspection
The on-site visit from the Financial Action Task Force (FATF) Africa/Middle East Joint Group delegation will be held from 13 to 15 September 2021. The inspection represents the final stage of the FATF ICRG process, and will look to validate the progress reports submitted by Mauritius since its inclusion on the FATF list in February 2020. The inspectors will be meeting representatives from Government, regulators as well as private sector operators, and prepare a report ahead of the FATF’s October plenary session.
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