The global FinTech sector is growing exponentially. Relative to the rest of the world, Africa has the greatest reach and potential to positively impact the lives of its populations, be it in terms of market size, untapped resources, increasing demand for financial services or possibilities to use the dynamism of emerging markets.
A sine qua non-for the Fintech segment to develop and flourish is a conducive business environment with a solid and trusted financial services industry to build upon. Mauritius fits the bill as a transparent, stable and business friendly jurisdiction with established financial services and ICT sectors with the right labour force that can, through minimal training, be adapted to the exigencies of Fintech and become the FinTech hub for Africa.
Through several initiatives namely the setting up of the Regulatory Sandbox Licence, the Innovation Box, the Plug and Play system, the National Incubator Scheme, among others, Mauritius has sent a strong signal of its ambition to be the regional Fintech Powerhouse.
Therefore, in line with the budgetary measure 2017-2018 referring to the creation of an association for the Fintech industry, the Board of Investment is organizing a consultative workshop on 20th September 2017, at Le Meridien Hotel, with relevant stakeholders to prepare an action plan for the sector and establish the functions of the association. The workshop will also set the stage for the creation of a new economic pillar for the economy, and provide a new dynamism to our ICT and financial services sectors.
We therefore invite you to participate in the workshop and look forward to fruitful discussions.
With Best Regards,
The Board of Investment
A sine qua non-for the Fintech segment to develop and flourish is a conducive business environment with a solid and trusted financial services industry to build upon. Mauritius fits the bill as a transparent, stable and business friendly jurisdiction with established financial services and ICT sectors with the right labour force that can, through minimal training, be adapted to the exigencies of Fintech and become the FinTech hub for Africa.
Through several initiatives namely the setting up of the Regulatory Sandbox Licence, the Innovation Box, the Plug and Play system, the National Incubator Scheme, among others, Mauritius has sent a strong signal of its ambition to be the regional Fintech Powerhouse.
Therefore, in line with the budgetary measure 2017-2018 referring to the creation of an association for the Fintech industry, the Board of Investment is organizing a consultative workshop on 20th September 2017, at Le Meridien Hotel, with relevant stakeholders to prepare an action plan for the sector and establish the functions of the association. The workshop will also set the stage for the creation of a new economic pillar for the economy, and provide a new dynamism to our ICT and financial services sectors.
We therefore invite you to participate in the workshop and look forward to fruitful discussions.
With Best Regards,
The Board of Investment
