Prime Minister Pravind Jugnauth has put together a solid team of experts to work on getting Mauritius off the European Union's blacklist of third countries that pose a risk to the bloc because of anti-money laundering deficiencies.
The Russian financier Alex Gerchik, ex-trader and briefly a reality TV star, has set up a subsidiary in Mauritius for his online trading platform. Companies of this type have mushroomed in the island's offshore hub as well in the Seychelles.
Having set up shop in Ugandan and Nigeria, Binance, one of the world's largest crypto trading platforms, is lobbying hard in South Africa. The crypto industry there enjoys support from President Cyril Ramaphosa's son, who has a passion for digital assets.
With the Zimbabwe dollar in its death throes, the government is seeking to switch to cryptocurrency. On 19 March it entered into a partnership with the American firm Apollo, which after a number of setbacks is now beginning to find its feet in Africa.