News & Events

The Board of Control for Cricket in India has announced a cash award of Rs 131 crore for the Indian cricket team after their historic triumph at the ICC Men’s T20 World Cup 2026 in Ahmedabad on Sunday.

India beat New Zealand in the final at the Narendra Modi Stadium, becoming the first side in the tournament’s history to successfully defend the title. With this win, India also became the first team to lift the T20 World Cup trophy three times, firmly establishing themselves as one of the most successful teams in the format.

Read the full article here: https://www.msn.com/en-in/sports/cricket/bcci-announces-cash-reward-of-rs-131-crore-for-indias-t20-world-cup-winning-squad/ar-AA1XSP6i?ocid=BingNewsVerp

At their recent meeting in Nadi, Fiji, Commonwealth Law Ministers committed to enhanced legal protections amid rising democratic, economic, and climate challenges. They adopted the Nadi Declaration on Democratic Resilience and Participation as a key framework.

The declaration guides member states and the Secretariat in promoting Rule of law, human rights, and good governance to consolidate democracies, prevent backsliding, and strengthen institutions aligned with Commonwealth values.

Read the original article here: https://www.stabroeknews.com/2026/03/01/sunday/commonwealth-citizens-to-benefit-from-stronger-legal-protections/

Mauritius has overtaken Nigeria as Africa’s top private equity destination in the first nine months of 2025. The island nation attracted $1.25 billion across just six deals, a remarkable 311% surge year-on-year. Nigeria recorded $987.5 million only from 45 transactions, down sharply from $3.8 billion the previous year.

Two mega-deals in June powered Mauritius’ rise: an $839 million diplomatic housing merger involving Grit Real Estate shares and a $367 million controlling-stake sale in Alphamin Resources. These large-cap transactions highlight Mauritius’ growing appeal for high-value private equity activity.

Long established as Africa’s leading international financial centre, Mauritius hosts over 450 private equity funds managing nearly $40 billion in African assets. Investors are drawn to its stable legal system, tax efficiency, extensive double-taxation treaty network (over 40 agreements), and strong regulatory framework.

Meanwhile, African M&A activity outside South Africa has slowed amid global volatility, rising interest rates, and currency challenges, making investors more selective. Nigeria still leads in deal volume but has seen values plummet due to FX shortages and macroeconomic pressures.

In 2025, Mauritius has cemented its position as the preferred gateway and holding jurisdiction for sophisticated private equity flows into Africa — proving that quality now trumps quantity on the continent.

Read the original article here: https://www.msymi.com/archives/44489