[MAURITIUS] Harel Mallac moves from the official SEM market to the DEM
Harel Mallac's public float fell below 25%, forcing the conglomerate to leave the official SEM for the DEM. Q1 2026 revenue: Rs 798 million (+11.6%).
$70 billion in FDI to Africa in 2025, down 26% vs 2024. But strip out the Egyptian Ras El-Hekma effect, the picture is more nuanced. West Africa (+44%) leads the recovery per UNCTAD.
Lire l'analyse
Harel Mallac's public float fell below 25%, forcing the conglomerate to leave the official SEM for the DEM. Q1 2026 revenue: Rs 798 million (+11.6%).
Madagascar Airlines (July 30) and Royal Air (Aug 1, 2026) have relaunched direct Antananarivo–Moroni flights after a 4-year suspension. Two airlines, 9 weekly rotations in total, and ambitions reaching Marseille and Canton.
Concluded June 10, 2026, the EU-ESA4 EPA links Comoros, Madagascar, Mauritius and Seychelles to the European Union. Trade volume: €9.7 billion. First comprehensive EU free trade deal with Sub-Saharan Africa.