The Stock Exchange of Port Louis will host next July 12, a new background on the offshore market, the Grand Towers Africa Fund. This will be the ninth global fund to be listed on the Port Louis Stock Exchange, after trading in Amarah Portfolio Selection, March 10 last.
 
The arrival of these global funds and specialized funds reinforce the Stock Exchange of Mauritius in its strategy to the Mauritian market, not only a platform for exchange for shares in local companies, but also a market for various types of financial products turned going international. In February 2010 that HEM has amended its listing rules (listing rules) to make them more flexible to accommodate the needs of global funds and specialized funds.

Meanwhile, SEM has accelerated procedures for admission and scholarship has also adopted a competitive cost structure in comparison with other jurisdictions such as Dublin, Luxembourg or the Cayman Islands. The strategy seems to be working as the Grand Tower will be the ninth Africa Funds offshore fund has been traded.

This new fund has a Category 1 Global Business License issued by the Financial Services Commission. The stock exchange listing of the company will give him visibility and enable it to meet the requirements of investors in relation to recognition of a regulator. The Grand Towers Africa Fund will specialize in real estate and land and invest in the capital of companies engaged in these areas in sub-Saharan Africa, excluding South Africa. The objective is to obtain long-term leases to ensure superior returns and long-term shareholders.