• Mauritius has unveiled its National Fintech Strategy 2026-2030 to accelerate digital payments, financial inclusion and financial sector competitiveness.
• The roadmap includes regulatory reforms, stronger digital infrastructure, cybersecurity measures, AI adoption and support for fintech startups.
• The government aims to position Mauritius as a leading international fintech hub as Africa's fintech market is projected to exceed $65 billion by 2030.

The government unveiled the National Fintech Strategy 2026-2030 on Thursday, June 25. The United Nations Economic Commission for Africa (ECA) provided technical support in preparing the roadmap. The government aims to use fintech to modernize payment systems, expand financial inclusion and enhance the competitiveness of Mauritius' financial sector.

The strategy introduces several reforms designed to accelerate the adoption of digital financial services. The roadmap rests on six priority pillars: adapting the regulatory framework, supporting innovation, strengthening digital infrastructure and cybersecurity, developing digital skills, attracting investment and expanding financial inclusion. The strategy also calls for the creation of a National Fintech Governance Committee, the establishment of a national fintech skills framework, the development of an artificial intelligence learning platform and stronger support for fintech startups.

The initiative forms part of Mauritius' broader strategy to reinforce its status as an international financial center while accelerating the digitalization of its economy. The government plans to encourage new payment services, expand cross-border transactions, promote open banking and integrate artificial intelligence more extensively into financial services while strengthening consumer protection and data governance.

Mauritius announced the strategy as Africa's fintech sector continues to expand rapidly. According to the United Nations Economic Commission for Africa, Africa's fintech market could exceed $65 billion by 2030, driven by the growth of digital payments, mobile finance and digital financial services.

Against that backdrop, Mauritius aims to leverage its regulatory environment, financial expertise and strategic position as a gateway between Africa and international markets to attract more technology companies and investment.

The government will support the implementation of the roadmap through several legislative reforms, including the planned Business Facilitation Bill, as well as stronger coordination among financial regulators, the Bank of Mauritius, private-sector stakeholders and international partners.

The authorities expect fintech to become a key driver of public and private payment modernization while supporting broader economic growth and innovation across the country.

This article was initially published in French by Samira Njoya

Adapted in English by Ange J. A de Berry Quenum