Mastercard opens its first office in Mauritius to broaden presence in East Africa and the Indian Ocean Islands, while also strengthening its commitment to serving the emerging market of Mauritius with its financial products and services.
The new office, located in Port Louis, marks a new chapter in the company’s journey to expand and foster economic growth in the region.
“We have a robust expansion and growth strategy in place for the region, and the establishment of our formal presence is a key pillar as we look to further meet the market-specific needs of our customers. We look forward to leveraging our global and local expertise and innovative capabilities to roll out world-class payments technologies in this market alongside our partners,” said Mark Elliott, Division President, Sub-Saharan Africa at Mastercard.
With a current GDP per capita income of $11,750, Mauritius is emerging as a significant player in the technology and financial sectors, distinguishing itself as a hub for innovation and digital transformation in the region.
“Mauritius is a country that offers a great opportunity for Mastercard to increase its geographical presence in East Africa and the Indian Ocean Islands. We’re optimistic about what lies ahead. Our focus is on attracting and nurturing top-notch professionals to drive our operations, ensuring that we not only grow our presence here but also contribute significantly to the local economy and technological landscape,” said Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard.
Expanding its geographical presence in Africa is a strategic priority for Mastercard, which has now established offices in Cairo, Casablanca, Johannesburg, Lagos, Nairobi, and Mauritius.