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Hundreds of real estate leaders set to gather at African Property Investment (API) Mauritius & Indian Ocean Property Forum

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2 years ago

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African Property Investment

The heartbeat of real estate in Mauritius and the Indian Ocean region, this African Property Investment (API) event is set to energise the property market

PORT LOUIS, Mauritius, May 8, 2024/APO Group/ — 

The 2nd annual API Mauritius & Indian Ocean Property Forum (www.APIEvents.com)​, which will be held on 13 June 2024 at the InterContinental Hotel & Resort, is situated 15km from both Port Louis and Gand Baie in Mauritius, promises to be a landmark event. The gathering is a testament to Mauritius’s growing status as a destination for real estate investment and corporate expansion.

With its favourable business environment, safety, strategic location, and growing economy, Mauritius is poised to attract increased foreign direct investment and become a major player in the regional business landscape. This one-of-a-kind event covers opportunities for buyers and developers as well as Mauritius’s significant potential as a business hub for Africa and the region.

The forum, a gathering of local and international stakeholders, offers a unique opportunity to connect with key players in the industry. With its well-structured schedule, diverse sessions, and high-profile speakers, the event promises to provide valuable insights and networking opportunities for all.

Murray Anderson-Ogle, GM of marketing and commercial at API Events, says, “The API Mauritius & Indian Ocean Property Forum is easy to attend and comes with plenty of opportunities in residential, hospitality and commercial property, property management, and more. It also coincides with one of the best months to visit this beautiful island nation.” Adding that this year’s theme “ Building the Future – Leading Tomorrow’s Africa provides a unique platform to share insights into the opportunities in Africa’s fastest growing and impactful business hub.”

JLL, a second-time sponsor, is the largest global real estate advisor present in Africa and has been active in Mauritius for more than a decade, advising investors, lenders, developers, occupiers and the public sector on a broad spectrum of asset classes, with the aim of linking global capital and innovation with local platforms and expertise.

Wayne Godwin, Co-CEO of JLL Africa, comments, “The success of the inaugural event in 2023 really highlighted the appetite for Mauritius from the regional and local investor community and 2024 will no doubt build on this success. Mauritius has weathered many of the global headwinds better than other regional economies and the fundamentals are amongst the best in Africa for recovery through 2024. As JLL, we are very proud of the partnership with API and the forum’s ability to raise awareness of the opportunity for investment into Mauritian and African real estate.”  

Bloomage is a proud sponsor of the API Mauritius & Indian Ocean Property Forum for the second consecutive year. It is a growth-driven innovative property fund that holds and manages a well-diversified portfolio of prime properties in Mauritius, with assets valued at circa MUR 6 billion spanning across the retail, office, industry and hospitality segments, and land for future development.

The API Mauritius & Indian Ocean Property Forum is easy to attend and comes with plenty of opportunities in residential, hospitality and commercial property, property management

Robin Hardin, CEO of Bloomage Property Fund, comments, “Our strong permeating belief in ‘Real Estate with a Heartbeat’ supports our dedication to positively contribute to Mauritius’s economy through the real estate sector. By collaborating with API Mauritius, we reinforce our role as a reliable partner in developing the property market both locally and in the region.” 

“Our principle of ‘Real Estate with a Heartbeat’ underscores our dedication to enhancing Mauritius’s economy through the real estate sector. By supporting API Mauritius, we reinforce our role as a reliable partner in developing the property market both locally and in the region.” 

As a repeat sponsor of the event Landscope Mauritius are pleased to demonstrate their ongoing support for the Summit, which serves as a valuable platform connecting international and local real estate professionals and leveraging on a wealth of industry expertise and pan-African knowledge.

Sandee Teeroovengadum, Head of Marketing & Communication at Landscope Mauritius, says, “API Mauritius aligns with the organization’s intent of promoting sustainable and cutting-edge real estate development in Mauritius. As a repeat sponsor, we are pleased to demonstrate our ongoing support for the Summit, which serves as a valuable platform connecting international and local real estate professionals and leveraging on a wealth of industry expertise and pan-African knowledge”.

Medine Property, another second-time sponsor, is part of the historic Medine Group in Mauritius, which has been part of the western Mauritius growth story since 1911. Since 2007, Medine Property managed a diverse portfolio of high value, strategically located properties, including retail, offices, education, and hospitality assets.

Joel Bruneau, Managing Director of the Property Department at Medine Group, says API Mauritius offers valuable international exposure and connections with industry leaders and potential buyers. “Medine Property’s support aligns with our goal to create world-class integrated residential and commercial offerings in The West of Mauritius with leisure and educational developments – all part of a carefully considered masterplan – while contributing to Mauritius’ sustainable social and economic progress.”

HTI Consulting is proud to be a second-time sponsor at the Mauritius & Indian Oceans Property Forum. HTI Consulting brings 20 years of experience in the brokerage, asset management, operation selection and management contract negotiation, due diligence, financial and feasibility analysis fields having worked in over 40 countries in Africa and the Middle East.

Wayne Troughton, CEO of HTI Consulting, comments “The inaugural API Mauritius held last year provided significant opportunities to engage, network and hear from the leaders in the property and hospitality sector in Mauritius. It brought together all the major players in Mauritius and was invaluable for us and something that we are very proud to support again this year”.

Join the 2nd Mauritius & Indian Oceans Property Forum on 13 June 2024 at InterContinental Hotel & Resort, Mauritius. For more information and to book to attend the API Mauritius & Indian Oceans Property Forum visit https://apo-opa.co/3Wwtgm0

Distributed by APO Group on behalf of API Events.

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Afreximbank Posts Robust Q1 2026 Results with 25% Growth in Net Income and Improved Profitability

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3 days ago

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May 22, 2026

By

Afreximbank

The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment

The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate

CAIRO, Egypt, May 22, 2026/APO Group/ –African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) announced its results for the three months ended 31 March 2026. The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment.

 

The Group continued to expand its lending activities in Q1 2026, resulting in total credit exposure growing by 2% to reach a portfolio of US$42 billion, up from US$41 billion as of 31 December 2025. This performance reflects Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, and its strategic contribution to economic resilience across Africa and the Caribbean.

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% compared to the same period in the prior year, driving the recorded growth in interest income. The Group’s liquidity position remained strong, with cash and cash equivalents of US$5.6 billion, representing 14% of total assets, consistent with FY2025 and above the Bank’s strategic minimum.

Asset quality also remained strong, with the non-performing loan (NPL) ratio at 2.40%, broadly in line with 2.43% at FY2025 and below industry average.

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter, underscoring the Bank’s continued ability to mobilise capital from its shareholders in support of its growth and development mandate.

The Group delivered strong profitability during the quarter.  Notwithstanding declining benchmark rates, total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million, compared with US$411.2 million in the first quarter of 2025. The Group’s cost-to-income ratio remained contained at 19%, well within the Group’s strategic ceiling of 30%. As a result, Profit for the period increased to US$268.9 million, up from US$215.4 million in Q1 2025.

The Group continued to maintain a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports.

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

Q1’2026

Q1’2025
Gross Income (US$ million)

874.1

784.9
Net Income (US$ million)

268.9

215.4
Return on average equity (ROAE)

13%

12%
Return on average assets (ROAA)

2.62%

2.38%
Cost-to-income ratio

19%

16%

 

Financial Position Metrics

Q1’2026

FY’2025
Total Assets (US$ billion)

41.7

42.3
Total Liabilities (US$ billion)

33.0

33.9
Shareholders’ Funds (US$ billion)

8.6

8.4
Non-performing loans ratio (NPL)

2.40%

2.43%
Cash/Total assets

14%

14%
Capital Adequacy ratio (Basel II)

23%

          23%

 

Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“Against a backdrop of continued global uncertainty, heightened geopolitical risks and tight financial conditions, the Group delivered a resilient first-quarter performance, underpinned by disciplined balance sheet management, sound asset quality and strong capital and liquidity buffers. The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate. Our swift launch of the US$10 billion Gulf Crisis Response Programme further underscores Afreximbank’s counter-cyclical role in supporting member countries during periods of disruption. We remain focused on stabilising trade flows, easing liquidity pressures and advancing the industrial and economic transformation of Africa and the Caribbean.”

Distributed by APO Group on behalf of Afreximbank.

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Via Licensing Alliance Expands Voice Codec Program with New Licensee, New Licensors, Publishes Comprehensive Pool Rate Structure

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4 days ago

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May 22, 2026

By

Via Licensing Alliance

SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

About Via Licensing Alliance:
Via Licensing Alliance is the collaborative licensing leader, dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced licensing solutions for innovators and manufacturers of all sizes around the globe. Via has operated dozens of licensing programs for a variety of technologies. Via is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. For more information about Via, please visit https://www.via-la.com.

 

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Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

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4 days ago

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May 22, 2026

By

Togo

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

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