Afraid your money might disappear into a black hole? Sent, and then… silence. No confirmation, no way to know where it is. When a transfer crosses borders, that silence shouldn’t be part of the deal. International payments. Nothing left in the dark. Few paintings have unsettled and fascinated in equal measure like Kazimir Malevich’s Black […]
Mauritius Leads Africa in Global Innovation Index 2025
Mauritius has been named the most innovative country in Africa in the newly released Global Innovation Index 2025, reinforcing its position as a regional frontrunner in technology and economic transformation.
The World Intellectual Property Organization (WIPO) has recently published the Global Innovation Index (GII) 2025, which ranks 139 economies worldwide based on approximately 80 indicators that measure innovation capacity and performance. The index evaluates two main dimensions: Innovation Inputs (institutions, human capital and research, infrastructure, market sophistication, and business sophistication) and Innovation Outputs (knowledge and technology outputs, and creative outputs).
In 2025, the global top 10 is led by Switzerland, followed by Sweden, the United States, the Republic of Korea, Singapore, the United Kingdom, Finland, the Netherlands, Denmark, and, for the first time, China. Within Africa, Mauritius stands out as the regional leader, ranked 53rd worldwide, ahead of Morocco (57th) and South Africa (61st).
Mauritius Highlights:
- Ranked 53rd globally and 1st in Sub-Saharan Africa
- Among upper middle-income economies: 6th out of 36
- Strongest performance in Market Sophistication (28th), Institutions (32nd), and Creative Outputs (37th)
- Areas for improvement include Business Sophistication (103rd), Knowledge & Technology Outputs (97th), and Infrastructure (84th)
- Improved global position from 55th in 2024 to 53rd in 2025, supported by stronger venture capital activity
As a Mauritius-based fintech company, MAGMA Finance actively monitors global innovation trends and is committed to contributing to Mauritius’ growth as a leading technological hub in Africa and beyond.
Cross-border payments across Africa are being reshaped in real time. And ahead of the Africa Fintech Summit in Kigali, one question moved to the centre of the conversation: not whether stablecoins will play a role in moving money across the continent, but under whose rules they will do it. In a pre-summit discussion, industry leaders […]