The Diplomatic Council (UNO reg.) Mission Africa, under the leadership of Felix Zuckschwerdt, Head of Mission, and Mauritius Africa FinTech Hub hosted a dinner in honour of Steffen Jentsch, CPO of flatexDEGIRO Bank, Europe, to discuss opportunities in Mauritius as a financial center and prospects in Africa with selected members of the industry.

Mauritius has established itself as an important financial center in recent decades, especially for the African and Asian markets. Thanks to political stability, attractive tax conditions and a well-developed infrastructure, the country attracts numerous international companies and investors. Mauritius is known for its extensive double taxation treaties and a transparent regulatory environment that promotes the financial services sector. The financial centre offers services such as offshore banking, investment funds, asset management and international trading companies. Mauritius plays a central role in the global financial architecture.

Africa is home to numerous stock exchanges with the Johannesburg Stock Exchange (JSE) at the top. It is not only the largest stock exchange in Africa, but is also one of the top 20 stock exchanges worldwide. Its market capitalization in 2024 is around $1.2 trillion, making it a key player in the global financial sector. In second place is the Casablanca Stock Exchange (CSE) in Morocco with a market capitalization of around $74 billion, followed by the Nigerian Exchange (NGX) with around $41 billion and the Egyptian Exchange (EGX) with $40.3 billion

These markets offer investors access to a variety of sectors, including mining, telecommunications, financial services and consumer goods, and contribute significantly to the economic development of a continent with an above-average young population.