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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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11 months ago

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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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Winners in the 2026 Middle East & North Africa Stevie® Awards Announced

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15 minutes ago

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May 4, 2026

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Seventh Annual Awards Sponsored by RAK Chamber of Commerce and Industry Recognize Innovation in 18 MENA Nations

FAIRFAX, United States of America, May 4, 2026/APO Group/ –Winners in the seventh annual Middle East & North Africa Stevie® Awards, the only awards program to recognize innovation in the workplace throughout 18 nations in the Middle East and North Africa, have been announced. The awards are sponsored by RAK Chamber of Commerce and Industry. The list of Gold, Silver and Bronze Stevie Award winners is available at https://MENA.StevieAwards.com.

We are delighted to recognize the achievements of such a diverse group of organizations across the MENA region

The 2026 Middle East & North Africa Stevie Awards have recognized organizations in 15 nations including Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, Türkiye and United Arab Emirates. More than 1,400 nominations in Arabic and English were evaluated in this year’s competition. Winners were determined by the average scores of 155 professionals worldwide (https://apo-opa.co/4cMbWRI), acting as judges on five juries to recognize innovative apps, achievements, entire organizations, public relations, customer service, human resources, individual professionals, live and virtual events, management, sustainability, technology, thought leadership, and more.

Winners of multiple Gold, Silver, or Bronze Stevie®  Awards include Abu Dhabi Heritage Authority, UAE; Abu Dhabi Housing Authority, UAE; ADNEC Services, UAE; ADNOC Drilling, UAE; Al Dhafra Region Municipality, UAE; Byrne Equipment Rental, UAE; Capital 360 Event Experiences, UAE; CarrefourSA, Türkiye; Dubai Culture & Arts Authority, UAE; Dubai Customs, UAE; Eastern Health Cluster, Saudi Arabia; Etihad Water and Electricity (EtihadWE), UAE; Federal Authority for Government Human Resources, UAE; FLO Group, Türkiye; GSTC, Saudi Arabia; Hail Region Municipality, Saudi Arabia; Samsung Saudi; Le Chene, UAE; National Partnerships and Capacity Development Agency, Ministry of Culture, Saudi Arabia; NEOVA KATILIM SİGORTA, Türkiye; NMDC Energy, UAE; Ooredoo Kuwait, Kuwait; Qatar Foundation, Qatar; Qatar Vision Production Company, Qatar; QNET, Hong Kong; Quill Communications, UAE; Saudi Authority for Industrial Cities and Technology Zones (MODON), Saudi Arabia; Saudi German Health UAE, UAE; TCS Dubai, UAE; Tosyalı Holding, Türkiye; Türkiye Sigorta, Türkiye; Ülker Bisküvi Sanayi A.Ş., Türkiye; and VakıfBank, Türkiye, among others.

Stevie winners will be presented their awards at a gala banquet at the InterContinental Hotel, Istanbul, Türkiye on Friday, 11 September.  Tickets for the event will be on sale this summer.

“We are delighted to recognize the achievements of such a diverse group of organizations across the MENA region in the 2026 edition of the Middle East & North Africa Stevie Awards,” said Stevie Awards President Maggie Miller. “We look forward to celebrating Stevie winners during our gala event on 11 September in Istanbul, Türkiye. The quality of nominations received this year was exceptional. The program has grown considerably every year, showing the vast amount of innovation in the MENA region.”

Distributed by APO Group on behalf of Middle East & North Africa Stevie Awards.

 

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Energy

African Mining Week (AMW) to Spotlight Opportunities in Egypt Amid National Exploration and Beneficiation Drive

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3 hours ago

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May 4, 2026

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Energy Capital

African Mining Week 2026 will connect global mining stakeholders and investors with emerging prospects within Egypt’s expanding gold, phosphate and critical minerals space as the country seeks to enhance output and local mineral beneficiation

CAPE TOWN, South Africa, May 4, 2026/APO Group/ –As Egypt increases mining’s contribution to GDP from about 1% today to 6% by 2030, the country is revamping its policies and infrastructure to create attractive opportunities for global partners. In line with this strategy, the upcoming African Mining Week (AMW) conference and exhibition – The Most Influential Mining Conference in Africa, scheduled for October 14–16, 2026 in Cape Town – will highlight emerging investment and partnership opportunities across Egypt’s mining value chain.

 

A country spotlight at AMW 2026 will bring together Egyptian regulators, project developers and international investors for discussions on the future of the sector while facilitating deal signings, partnerships and new project development opportunities.

Speaking to the event organizers ahead of the event in February 2026, Yasser Ramadan, Chairman of the Egyptian Mineral Resources and Mining Industries Authority (MRMIA), said Egypt intends to showcase opportunities in legislative reform, investment incentives, government–investor collaboration and mineral beneficiation during the conference.

National Geomapping Anchors Egypt’s Exploration Expansion Strategy

AMW 2026 will showcase investment opportunities within Egypt’s upstream sector as the country focuses on improving its geological insights to unlock untapped mineral resources. In March 2026, the country approved the rollout of a national geomapping initiative in partnership with Xcalibur Smart Mapping, marking the country’s first comprehensive aerial geological survey in more than 40 years.

While Egypt already holds estimated gold reserves exceeding 9 million ounces, along with approximately 660 million tons of iron oxide resources and extensive phosphate deposits, the geomapping exercise is expected to unlock new mineral deposits and position the country as an emerging exploration hotspot in North Africa.

Efforts are underway to unlock Egypt’s new drilling hotspots, with exploration activity – particularly in gold and silver – already accelerating investment flows into Egypt’s upstream mining sector. Companies including Barrick Gold, Shalateen Mineral Resources Company and Lotus Gold Corporation are advancing gold exploration across the Arabian-Nubian Shield, supporting the country’s strategy to expand gold output and capitalize on strong demand and prices in 2026. The government’s approval of 53 exploration and exploitation licenses in late 2025 further highlights its commitment to unlocking new investment opportunities in the exploration segment.

Digital Mining Platform to Accelerate Investment

Another major initiative expected to be showcased at AMW 2026 and aimed at strengthening Egypt’s investment climate is the launch of a digital mining platform and cadastre system, expected in the first half of 2026. The platform will enable investors to access geological data, evaluate exploration prospects and submit permit applications through a streamlined digital process, reducing administrative bottlenecks and accelerating project development timelines.

Building a Downstream Minerals Processing Industry

Beyond exploration and extraction, Egypt is prioritizing the development of downstream mineral processing infrastructure to capture greater value from its resources. Several projects are already underway, including a financing agreement with the African Export-Import Bank to establish an integrated gold value chain that supports domestic gold processing. MRMIA and mining companies Phosphate Misr and WADICO, together with China’s Xingfa Group, are evaluating phosphate ore, quartz and silica sand resources while studying the development of an industrial processing project in the Golden Triangle mining region. These projects and many other emerging opportunities within the downstream sector will be unpacked at AMW 2026.

AMW to Catalyze the Next Phase of Growth

As Egypt positions itself as a regional mining hub through regulatory reform, geological surveys, digital licensing systems and international partnerships, AMW 2026 will play an important role in advancing this progress. The event will connect global investors with Egyptian regulators and project developers, helping unlock new investment flows and partnerships that can drive the next phase of growth for Egypt’s evolving mining sector.

Distributed by APO Group on behalf of Energy Capital & Power.

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Business

Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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4 days ago

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April 30, 2026

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Aurionpro

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO), a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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