IBL Group to offload stake in Mauritian bank to Access Holdings’ UK subsidiary
Mauritian conglomerate led by Arnaud Lagesse seeks to unlock value from early investment in regional bank.
Mauritius
Mauritius-based CIEL records $109.3-million profit in 2024
This was fueled by disciplined cost management across the group’s business clusters, solidifying its standing as one of the largest and most profitable conglomerates in Mauritius.
Mauritian tycoon Hector Espitalier-Noel’s ENL Limited reports $2.4-million profit surge amid strong diversification
Espitalier-Noel’s ENL Limited posts a 24-percent profit increase, reaching $2.4 million, driven by successful diversification in key sectors like hospitality, real estate, and commerce.
Adenia partners enters Egypt, strengthening African presence
This marks the firm’s eight location across the continent and underscores its commitment to responsible investing and sustainable development in Africa.
Mauritian Doger de Speville family's Medine posts $25.9-million profit in FY 2024
Medine's performance underscores its ability to navigate economic challenges, with real estate driving its growth during the period under review.
Backed by Kenya’s richest families, NCBA provides $11.96-million loan to Mauritius firm
Partially owned by prominent Kenyan families such as Kenyatta, Merali, and Ndegwa, the conglomerate remains steadfast in strengthening operations within Kenya while expanding its footprint across the region.
Mauritian tycoon Jean-Pierre Dalais’ CIEL posts $59.8-million half-year profit
This surge in profit can be attributed to the conglomerate’s adept cost-effective measures and strategic initiatives.
10 companies linked to Mauritian tycoon Arnaud Lagesse
From leading Mauritius’ largest conglomerate, IBL Group, to investments in Kenya’s retail sector through Naivas International.
7 companies linked to late Mauritian tycoon Pierre Guy Noel
Explore his influential connections to seven key companies, ranging from MCB Capital Markets to the Blue Penny Museum.
Pierre Guy Noel, iconic leader and former CEO of biggest bank in Mauritius, dies at 67
Noel’s passing comes over two years after his retirement as the CEO of MCB Group.
Mauritian Espitalier-Noel family suffers $9-million loss from ENL stake
With their stake now worth more than $45 million, the affluent Mauritian Espitalier-Noel family ranks among the richest families in Mauritius.
Mauritian tycoon Arnaud Dalias loses more than $1 million in 20 days
Despite this recent setback, Dalais remains one of the most affluent CEOs in Mauritius and East Africa.
Mauritian businesswoman Stephanie Ha Chow’s ABC Banking Corp stake is worth $5.1 million
Ha Chow holds a 14.59-percent stake in ABC Banking Corp., making her the second-largest shareholder in the Port Louis-based financial services provider.
Mauritian tycoon Arnaud Lagesse’s IBL rebounds after two difficult years
Lagesse and his siblings own a 16.8-percent joint stake in IBL Group, or 114,369,469 shares.
Mauritian magnate Dominique Galea-led insurer MUA announces $10-million equity investment
Galea owns 15.43 percent of the insurer, worth $25.5 million.
Mauritian Doger de Speville family loses $1.25 million in 78 days
The family controls a 12.8-percent stake in Medine Limited, worth almost $20 million.