On May 22, the Board of Directors of the African Development Bank Group approved on May 22, 2024 in Abidjan, a loan of 240 million US dollars to Mauritius. The objective is to implement the second phase of the Economic Competitiveness and Resilience Support Programme.

The Economic Competitiveness and Resilience Support Program plans to support several government measures, including the government's approval of the Fisheries Bill, a draft framework law aimed at filling the gaps in the current legislation, in particular in the areas of unregulated fishing and the application of sanctions. This will contribute to the dynamism of the fishing sector and will offer Mauritians new employment and income opportunities

The second phase of the program will also support the installation of solar panels on roofs (1.5 kilowatt hour solar kits) for modest households. Beneficiaries will get a 75 kWh reduction on their monthly electricity bill for 20 years. The objective is to promote the share of renewable energies in the energy mix and to reduce greenhouse gas emissions, and to contribute to the reduction of poverty for this type of customer.