Like its Mauritian neighbour, the Seychelles is striving to placate international institutions like the OECD and EU while at the same time preserving its offshore appeal. The latest hurdle to negotiate is the introduction in May of a register of offshore company beneficiaries.
As it strives to get itself removed as quickly as possible from the EU's money laundering blacklist to which it was added in May 2020, the Mauritian government's efforts are being thwarted by the cumbersome procedures it has to go through.
Amidst the uncertainties of the rand, many of South Africa's wealthiest are fearful for their assets, and the consultancy giant Maitland has been vaunting the offshore trusts that it can register for them in various financial hubs.
Although relations between France and Rwanda remain dependent on the highly contentious issue of historical responsibility for the genocide, public investment bank Bpifrance is taking an active interest in the new Kigali International Financial Centre being set up by the government of Paul Kagame.
Brussels has warned Botswana that it may add the country to its list of third countries with weak money-laundering and terrorist financing regimes on 1 October, sending Gaborone's officials and diplomats into overdrive. The fallout could be huge for Botswana whose economy depends heavily on exports to the EU.