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 Strengthens Innovation and Digital Ties with France at High-Level Business Forum
Mauritius is positioning itself as a hub for digital innovation and international business, exploring opportunities in cybersecurity, AI, and cross-border payments.
MAGMA participated in the Rencontres d’Affaires et d’Investissements France–Maurice, organised by EDB Mauritius, MEDEF International and Business Mauritius, where leaders from government, academia, and industry discussed the future of innovation, digital infrastructure, and cross-border collaboration. Representing MAGMA, Director Nitish Caullychurn joined the forum to explore opportunities for driving growth, technology adoption, and regional connectivity.

The discussions highlighted Mauritius’ ambition to become a regional hub for data centres and disaster recovery, leveraging its Tier 1 cybersecurity standing and advanced digital infrastructure. National initiatives such as an AI-powered learning tutor for students, launching in 2027, underline the country’s focus on AI upskilling and preparing its workforce for the future.
Participants also raised topics including cyber resilience, AI governance, reducing administrative bottlenecks to accelerate investments, and developing emerging industries such as DNA sequencing. Mauritius’ strong connectivity, with 80% 5G coverage and early 5.5G deployment, alongside progress on instant cross-border payment systems with SADC and COMESA, were highlighted as key enablers for regional growth.

The forum reinforced Mauritius’ positioning as more than a tourist destination — a strategic digital and financial hub connecting Africa, Asia, and Europe. MAGMA is proud to support this vision by providing secure, seamless, and future-ready international payment solutions across the region.
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 […]