The financial services sector will contribute, through the new Special Purpose Fund (SPF), to strengthen Mauritius's position as an innovative and competitive jurisdiction for transnational investments between Africa and the rest of the world. The Minister of Financial Services and Good Governance, Mahen Kumar Seeruttun officially launched this tool. The Ministry of Financial Services and Good Governance, in collaboration with the Financial Services Commission (FSC), launched the new Special Purpose Fund (SPF), at the FSC House in Ebène. During his opening speech, the Minister stressed that the challenges, both internationally and nationally, exacerbated by a health crisis of colossal proportions, have accelerated the need to transform and reinvent businesses in order to become a viable competitor in the league of

With the introduction of the SPF, Minister Seeruttun highlighted that the financial services sector will contribute in particular to: meeting the needs of international fund promoters; reviving investor interest; and strengthening the economic resilience of Mauritius. The sector will also work to strengthen Mauritius's position as a destination of choice for investors and to expand our offering to international investors looking for a financial center that complies with international best practices and the highest levels of transparency