The Stock Exchange of Mauritius (SEM) won the "Most Innovative African Stock Exchange of the year Award" at the Ai Institutional Investment Summit and Capital Markets Index Series Awards 2017 organised by the Africa investor (Ai), a leading international research and communication group. Winning this award for the fourth time in seven years, the SEM reconfirms its position as a leader in this category. The event took place at the NASDAQ Exchange in New York on 18th September 2017.

For the SEM, this award is a recognition of its efforts to add value to its products and services and for scaling up its offerings. SEM will continue to strive for innovation and to position itself as an attractive multicurrency capital-raising and listing platform for local, Africa-focused and niche international products.

The Ai Index Series Awards has become a platform of reference in the profiling of African Capital Markets opportunities and success stories to the international community. It rewards different categories of players within the capital markets world, including stock exchanges, listed companies, investment banks, regulators, stockbroking companies, research teams and fund managers. The conferring of the “Most Innovative African Stock Exchange Award" is based on various criteria including development initiatives taken by stock markets, programmes they undertake to reinforce their services to other parties engaged in the development of the market, compliance with stock market rules and compliance with international standards.