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Mauritius tourism and hospitality industry to showcase growth and investment opportunities at the API Mauritius & Indian Ocean Property Investment Forum

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Mauritius

Mauritius is increasingly recognised as a leader in sustainable tourism, driven by government initiatives, industry commitment to eco-friendly practices, and real estate developments

PORT LOUIS, Mauritius, June 13, 2025/APO Group/ –As Mauritius prepares to host the 3rd Annual API Mauritius & Indian Ocean Property Investment Forum on 26 June, industry leaders highlight the island’s pioneering role in sustainable tourism and hospitality development across the Indian Ocean region.

The forum will serve as a key platform to discuss growth prospects, investment challenges, and innovative partnerships shaping the future of hospitality in Mauritius and beyond.

Mauritius is increasingly recognised as a leader in sustainable tourism, driven by government initiatives, industry commitment to eco-friendly practices, and real estate developments.

The government aims to make Mauritius a “Green Destination” by 2030, focusing on reducing the negative effects of tourism like pollution and resource overuse, while increasing positive benefits such as protecting nature, supporting local communities, and preserving culture.

At the same time, real estate developments also follow green building principles, using energy-efficient designs and renewable energy to reduce carbon footprints. This combined effort from government, industry, and real estate creates a tourism sector that attracts visitors, cares for the environment, and benefits local people.

Neil George, Partner and Executive Director of Aleph Hospitality, notes that the region faces a significant opportunity to expand eco-certified hotels and circular economic practices in tourism that target waste reduction and promote local sourcing.

“Over the next five years, I believe that we will see substantial growth in eco-certified hotels as sustainability becomes a key differentiator. I expect that foreign investment in green hospitality projects will increase as Mauritius strengthens its sustainability credentials,” says George of Aleph Hospitality, which is the largest independent hotel management company in the Middle East and Africa.

However, he acknowledges that overcoming the perception of “Africa risk” and the somewhat illiquid nature of markets across the African continent remains a barrier to attracting institutional funding.

In other words, Africa is still widely viewed as lacking transparency, and it can be difficult to quickly buy or sell assets without impacting their prices. As a result, large investors such as banks and financial institutions find it challenging to commit funding. They prefer markets where information is readily available and where they can quickly recover their investments if necessary.

Investment challenges and innovative solutions

Institutional funding — traditional debt and equity funding — for hospitality developments in the Indian Ocean is often hindered by perceived market risks and limited liquidity.

Both Neil George and Govind Mundra, the Head of Development for Middle East & Africa at Wyndham Hotels & Resorts, emphasize these challenges remain perverse but also highlight innovative models to mitigate them.

Mundra points to branded residences and rental pool resorts as effective strategies that allow developers to pre-sell units and reduce upfront capital burdens while benefiting from global brand management and distribution networks. Wyndham assists developers and investors on this front.

“Branded residences and rental pools allow developers to pre-sell units—whether villas or condo-style apartments—while retaining them under a hotel management structure, easing both equity requirements and long-term debt burden.

There’s a clear opportunity to lead with eco-certified hotels, community-integrated experiences, and smart resort design – and we’re eager to be part but also to lead that journey

“It also gives investors the chance to monetize their assets while benefiting from a global brand, unified reservation system, and professional management. For interested investors, we’re always happy to explore these models further after the session. They’ve proven to be a powerful tool, especially when paired with our operational scale and strong visibility in key source markets,” says Mundra.

Wyndham’s “Wyndham Green” programme also provides a practical roadmap for hotels to achieve sustainability goals, graded across five levels covering energy use, waste reduction, sourcing, and community engagement. This approach aligns with the growing traveller demand for eco-conscious stays, particularly among younger generations, and supports Mauritius’s ambition to become a global benchmark in sustainable hospitality.

Predictions and growth outlook for the next five years

Industry leaders foresee a transformative shift in Mauritius’s hospitality sector over the next five years. Sustainable practices will evolve from optional enhancements to mandatory standards for new developments. Eco-certification, digital enablement, and environmental resilience will become prerequisites for new resorts, with guests expecting authentic cultural connections alongside eco-efficiency.

Aleph Hospitality’s expertise in tailored management solutions offers local entrepreneurs and investors opportunities to optimize operations, improve service quality, and attract international brands and investors through strategic partnerships. This collaborative approach can enhance return on investment from project inception through to exit phases.

Marriott International, one of the world’s largest hotel companies, has also reaffirmed its commitment to Mauritius, highlighting the island’s rich natural landscapes, cultural heritage, and world-class hospitality.

Says Jugal Khushalani, the Senior Director of Development for Sub-Saharan Africa at Marriott International: “The destination offers a resilient, high-value tourism offering that has evolved in terms of experience, accessibility, and infrastructure.  It also caters to the rising demand for experiential travel with enhanced luxury offerings, wellness experiences and environmentally conscious initiatives.”

Marriott International sees strong potential to expand its hotel portfolio in support of Mauritius’s resilient, high-value tourism economy.

Equally bullish about Mauritius is Radisson Hotel Group, which has reaffirmed its commitment to expanding in the Indian Ocean, building on its strong presence in Mauritius.

“Mauritius is setting the tone for sustainable hospitality in the region,” says Ramsay Rankoussi, Vice President of Development, Radisson Hotel Group, a major international hospitality company.

“There’s a clear opportunity to lead with eco-certified hotels, community-integrated experiences, and smart resort design – and we’re eager to be part but also to lead that journey. There’s growing demand from conscious travellers for resorts that integrate environmental stewardship with authentic local experiences which we have made our priority in all the hotels we operate on the island and globally,” says Rankoussi.

The Radisson Hotel Group is committed to net-zero operations by 2050. The group is also seeking to consolidate its existing presence across Mauritius, Madagascar, Reunion and Maldives but also to eventually enter Seychelles – aiming to bring its diverse portfolio of lifestyle, upper upscale, and eco-conscious brands to more of the region.

Government and industry collaboration for sustainable tourism

Mauritius’s government programme for 2025-2029 places eco-tourism at its core, reinforcing the island’s strategic focus on sustainable development. The Tourism Authority’s ongoing initiatives include banning single-use plastics, promoting renewable energy, encouraging local sourcing, and supporting eco-label certifications for hotels, such as Green Globe, held by prominent resorts. These efforts not only reduce the environmental footprint but also enhance the island’s appeal as a responsible travel destination.

Distributed by APO Group on behalf of API Events

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Africa Launches the First Pan-African Pact for Insurance Inclusion

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400 decision-makers gathered in Cotonou to accelerate access to insurance and contribute to doubling insurance penetration by 2040

DAKAR, Senegal, June 23, 2026/APO Group/ –Faced with a major paradox representing nearly 19% of the world’s population while accounting for less than 1% of global insurance premiums African insurance stakeholders are mobilizing.

 

From July 6 to 8, 2026, the Federation of African National Insurance Companies (FANAF) will organize the General Assembly on Insurance for All at the Sofitel Hotel in Cotonou, Benin, a major pan-African gathering dedicated to inclusive insurance.

The event will bring together nearly 400 African decision-makers from governments, regulatory and supervisory authorities, insurance and reinsurance companies, financial institutions, development banks, technical and financial partners, as well as professional organizations from across the continent.

The ambition is clear: to foster a shared vision and concrete commitments aimed at accelerating access to insurance for African populations while strengthening the sector’s contribution to the continent’s economic and social development priorities.

The discussions will culminate in the adoption of the Pan-African Pact for Insurance Inclusion and a 2026–2030 Strategic Action Plan, designed to structure collective action around an ambitious objective: contributing to the doubling of insurance penetration across the FANAF region by 2040.

An Economic, Social and Development Imperative

Within the CIMA zone, insurance penetration remains below 1% of GDP, compared to more than 6% globally.

As a result, millions of households, farmers, entrepreneurs, SMEs and informal sector actors remain deprived of essential protection mechanisms against health, climate, economic and social risks.

For FANAF, this reality now constitutes a major development challenge.

Africa cannot build sustainable growth without strengthening protection mechanisms for its populations, businesses and investments

“Africa cannot build sustainable growth without strengthening protection mechanisms for its populations, businesses and investments. The Cotonou General Assembly must mark the starting point of a new continental ambition for African insurance and its role in the continent’s economic transformation,” said Mamadou Koné, President of FANAF.

Beyond Insurance: A Driver of Continental Transformation

For FANAF, insurance is no longer merely a risk coverage mechanism. It is also a strategic lever for economic resilience, savings mobilization, investment security, SME financing, support for climate transitions and the strengthening of financial inclusion.

Through this General Assembly, FANAF seeks to reposition insurance as a key stakeholder in Africa’s economic, social and financial transformation.

A Pact to Accelerate Action

The conclusions of the General Assembly will lead to the adoption of the Pan-African Pact for Insurance Inclusion, a reference framework intended to mobilize governments, regulators, market players, financial institutions and development partners around shared objectives.

The Pact will be accompanied by a 2026–2030 Strategic Action Plan defining priority intervention areas, coordination mechanisms and monitoring arrangements for the commitments undertaken.

A broad mobilization of public, private and financial partners will support its implementation in order to translate commitments into tangible results for African populations and economies.

Cotonou 2026: Building a Shared Vision

Beyond the insurance sector, the General Assembly aims to create an unprecedented platform for dialogue between governments, regulators, investors, financial institutions, technical partners and market actors in order to identify the levers needed to accelerate insurance inclusion across the continent.

Holding this event in Benin reflects the country’s broader economic and financial transformation momentum and illustrates the collective determination of African stakeholders to develop solutions tailored to the continent’s realities.

Through this initiative, FANAF intends to make Cotonou 2026 a defining moment for the future of African insurance and the starting point of a lasting continental mobilization in favor of insurance inclusion.

Distributed by APO Group on behalf of Fédération des Sociétés d’Assurances de Droit National Africaines (FANAF).

 

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Flat6Labs and International Finance Corporation (IFC) Launch StartAlgeria, a Capacity-Building Program Designed to Empower the Organizations Progressing Algeria’s Startup Ecosystem

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StartAlgeria comes at a key moment for Algeria’s entrepreneurship landscape, shifting the focus toward improving how the ESOs operate by providing them with international best practices

ALGIERS, Algeria, June 23, 2026/APO Group/ –Flat6Labs (www.Flat6Labs.com) and IFC in collaboration with the Ministry of Knowledge Economy, Startups and Micro-Enterprises are launching StartAlgeria, a capacity-building program that puts Entrepreneur Support Organizations (ESOs) at the forefront of Algeria’s ecosystem future. The program is designed to equip Algerian ESOs reinforcing pre-seed and seed-stage startups with the expertise, frameworks, and networks needed to contribute to a stronger, more competitive entrepreneurship ecosystem in Algeria and expand into global markets.

 

StartAlgeria comes at a key moment for Algeria’s entrepreneurship landscape, shifting the focus toward improving how the ESOs operate by providing them with international best practices adapted to each organization’s needs, a community-driven approach that focuses on peer learning, and facilitating connections with investors, policymakers, and key stakeholders.

Algeria’s entrepreneurial community is among the most dynamic and vibrant in the region, and the potential is not just real, it is ready to scale

StartAlgeria will pilot a first cohort focusing on incubators in the capital, Algiers. Following a call for application, the selected ESOs will go through a structured program comprising workshops and masterclasses covering key areas such as startup selection, program design and delivery, and investment readiness. In addition to the core program, participating ESOs will benefit from 6months of post-program mentorship, focusing on areas such as fundraising strategy, partnership development, financial sustainability, and program improvement. This sustained engagement’s goal is to provide a lasting impact in how Algerian ESOs operate and what they’re able to offer the startups they champion.

Yehia Houry, CEO of Flat6Labs, shares “Algeria’s startup ecosystem is demonstrating remarkable potential and a rapidly growing level of maturity, driven by an ambitious new generation of founders, increasing institutional support, and a strong national commitment to innovation and entrepreneurship. The opportunity today lies in further empowering entrepreneurship support organizations to match this momentum by strengthening their ability to identify and nurture high-potential startups, deliver impactful and results-driven programs, and create stronger connections between entrepreneurs and sources of capital. With the right support structures in place, Algeria is well positioned to become one of the leading innovation hubs in the region.”

“Algeria’s entrepreneurial community is among the most dynamic and vibrant in the region, and the potential is not just real, it is ready to scale. Through StartAlgeria, we are committed to ensuring that the organizations standing behind founders are equipped with the tools, frameworks, and expertise to take them from early ideas to investment-ready ventures. This program is a direct expression of IFC’s long-term confidence in Algeria’s private sector and in the ecosystem’s capacity to produce the next generation of high-impact companies.” underscored Cemile Hacibeyoglu Ceren, WBG Resident Representative in Algeria.

“The launch of StartAlgeria marks an important step in reinforcing Algeria’s startup support ecosystem. By strengthening the capabilities of Entrepreneur Support Organizations, we are investing in the long-term growth, resilience, and international competitiveness of Algerian startups. This initiative reflects our shared ambition to build a dynamic innovation-driven economy and create new opportunities for entrepreneurs across the country,” said H.E Mr. Noureddine Ouadah, Minister of Knowledge Economy, Startups and Micro-Enterprises.

This IFC program is implemented in partnership with the Government of the Netherlands.

Distributed by APO Group on behalf of Flat6Labs.

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Hong Kong unlocks new opportunities with Central Asia

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Hong Kong

HONG KONG SAR – Media OutReach Newswire – 23 June 2026 – Led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, a high-level delegation visit to Kazakhstan and Uzbekistan (May 31 – June 5) is already paying dividends, forging fresh opportunities to deepen ties between Central Asia, Hong Kong and the Chinese Mainland.

The business delegation comprised over 70 representatives from Hong Kong and Mainland enterprises of various sectors.

During the visit, 96 bilateral memoranda of understanding and agreements were reached, including a total of 15 co-operation documents at the government level between Kazakhstan and Uzbekistan respectively.

“The examples of agreements and co-operation are just so abundant that they range from the service sector to heavy industries such as mining and infrastructure development,” Mr Lee said. “I think the sky is the limit.”

The multiple outcomes achieved during the trip demonstrate Hong Kong’s role as a functional platform for the Belt and Road (B&R) Initiative, as the city actively plays its roles as a “super connector” and “super value-adder” to promote broader and deeper co-operation between the two places and establish a hub-to-hub co-operation model.

“Kazakhstan is an important commercial and logistics hub connecting China and Europe. It is also the place where the Belt and Road Initiative was first proposed, and is Hong Kong’s largest trading partner in Central Asia. There are broad prospects for further co-operation,” Mr Lee said, adding that a lot of B&R projects are also being pursued in Uzbekistan.

“For example, Uzbekistan sits in the heart of the corridor of Asia and Europe, so logistical development, railway development, and also how we can complement and supplement each other in cargo handling will be an area for a very wide range of co-operation.”

The Chief Executive also encouraged companies in Central Asia to leverage Hong Kong’s advantages under the “one country, two systems” principle.

“Under this unique principle, Hong Kong has its own economic, social, legal, legislative and judicial systems. We are the only common law jurisdiction in China. We have our own currency, with no capital or foreign exchange controls. We are, as well, a separate customs territory,” Mr Lee said.

Building on the positive outcomes from the delegation’s mission to Central Asia, Mr Lee welcomed the Deputy Prime Minister of Kazakhstan, Kanat Bozumbayev, to Hong Kong (June 10) and they both attended the Alatau City Investment Round Table (June 11).

Speaking at the event, Mr Lee said Hong Kong could contribute to the future success of Kazakhstan’s innovative, high-tech Alatau City in three concrete ways: as a gateway to global capital; a gateway to the Chinese Mainland and the Greater Bay Area; and as a partner in talent and technology.

“We share a development vision with Alatau City and Kazakhstan,” Mr Lee said, “Today, right here, right now, is a golden opportunity to bring our two economies closer together.”

He looked forward to Hong Kong and Kazakhstan achieving complementary advantages and co-ordinated development across different sectors and welcomed enterprises in Kazakhstan to make good use of Hong Kong’s premier financial and innovation and technology platforms, as well as its world-leading professional services, to explore more business opportunities.

 

 

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