Africa in BusinessAfrica in Business

Mauritius Commercial Bank's inaugural GCC and India-focused syndicated term  loan key for the South-South Axis economic bloc

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The "South-South Axis" linking the Gulf Cooperation Council, India, and Africa is emerging as a dynamic economic bloc, propelled by trade, investment, and strategic partnerships. At the heart of several transactions within this network is Mauritius Commercial Bank (MCB), which plays a pivotal role as a financial facilitator. Recently, MCB completed its inaugural GCC and India-focused syndicated term loan, raising USD 450 million, a landmark deal in the bank's funding strategy. Thami Ngubeni spoke to Anbar Jowaheer, Head of Financial Institutions & Syndication at Mauritius Commercial Bank (MCB)...

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