CIEL Group

A 20-year journey of commitment and partnerships For two decades, the mission of the CIEL Foundation has been to support NGOs working for the empowerment of those in vulnerable situations. Together, we have witnessed how access to inclusive opportunities can transform lives - opening doors to growth, well-being, employment, and a stronger sense of belonging in society. These stories reinforce our commitment to creating lasting change and fostering inclusion. #CIELFoundation #ForAWorldWeCanAllFeelProudOf

To mark CIEL Foundation’s 20th anniversary, we partnered with the Charles Telfair Leadership Academy to deliver the NGO Leadership Programme, empowering 15 leaders from various NGOs. Rooted in our partnership-driven approach, the programme focused on essential skills such as leadership, strategic planning, and financial and human resource management — tools that are critical for strengthening and sustaining organisations. "This programme reflects our ongoing commitment to building lasting partnerships with those who make a real difference in our communities”, highlighted Delphine Bouic, Group Head of Community Engagement & Inclusion.

The CIEL Annual Symposium 2024 brought together our leaders to celebrate achievements and share our ambition for the future. This year’s theme was ‘Excellence at Core’, reflecting one of the Group’s core values.   A key moment was the unveiling of CIEL’s new business principles by our Group Chief Executive, Guillaume Dalais, which are designed to guide the way we do business and ensure we always do things the right way.   We were also inspired by keynote speaker Professor David V. Gioe, Ph.D., a British Academy Global Professor at King’s College London and former intelligence officer, who shared insights on the importance of strategic foresight and teamwork in the pursuit of excellence.   🎥 Here are some highlights from the event.   #CIELGroup #CIELAnnualSymposium #ExcellenceAtCore

Discover our 2024 Annual Integrated Report!   Guided by our Purpose-Driven Vision, this report details our efforts to create A World We Can All Feel Proud Of. Get an overview of our financial performance, sustainability initiatives, and how we are advancing inclusive growth, environmental responsibility, and workforce development across six sectors and 10+ countries. 📖 Explore the full report here: https://lnkd.in/d5E_bZqe

Riveo Limited has commenced trading on the Official Market of the Stock Exchange of Mauritius on Monday, 25 November 2024, marking the successful completion of the restructuring initiative by Sun Limited. Riveo Limited operates as an investment holding company dedicated to developing state of the art real estate projects in sustainable luxury hospitality. The company focuses on creating shareholder value of premium real estate assets which include globally recognised international luxury brands in Mauritius such as: • Anahita Hotel Ltd, operating as Four Seasons Mauritius • SRL Touessrok Hotel Ltd, operating as Shangri-La Le Touessrok • Loisirs des Iles Ltée, operating the lease of Ile Aux Cerfs, including the golf and other leisure activities These entities operate in the hospitality and leisure sectors, which form the core focus of Riveo Limited’s business activities. Learn more here : https://lnkd.in/eaFwUpyw #CIELGroup #Sunlife

"People at Heart" is more than just a value; it's the driving force behind concrete actions to empower our collaborators. Gina Chakowa, Ruben Munien, and Jerome Satinaden share how we: •⁠ ⁠Foster Diversity and Inclusion in management. •⁠ ⁠Facilitate learning beyond language and geographical barriers. •⁠ ⁠Enhance competencies continuously to develop both soft and technical skills. Our people are at the heart of building A World We Can All Feel Proud Of!

CIEL Finance has made strategic investments in two promising fintech start-ups in Uganda: FutureLink Technologies and Flow Global Limited. This move establishes the presence of CIEL Finance in Africa’s fintech landscape and aligns with its goal of supporting financial inclusion and sustainable growth in emerging markets. FutureLink Technologies, headquartered in Uganda and expanding into Zambia, is a 2-sided marketplace platform that enables the unbanked and under-served to access more relevant and affordable financial services provided by a growing network of financial cooperatives. The cooperatives themselves are able to acquire and retain customers, access affordable financing, grow transaction revenue, and reduce infrastructure costs by 90%. FutureLink Technologies is the first African Winner of the Platinum Product Innovation of the Year 2022 from the Global SME Finance Forum, organised by IFC World Bank. Flow Global, is an award-winning fintech operating in Uganda, Rwanda, and Madagascar, specialising in providing digital loans to small retail merchants. This support helps businesses significantly grow their income and strengthen their financial resilience. With its technology team in India and headquarters in the UK, Flow Global won the “FinTech for Good” category at the London FinTech Awards 2023, reflecting its successful blend of innovation, financial returns, and social impact. Flow is also recognised amongst the top 50 global fastest growing technology firms by Deloitte. “These investments support our strategy to boost our portfolio of investments with a clear focus on financial services digital solutions. These companies are closing gaps for access to financial services and driving innovation in underserved markets. We are confident of delivering long-term value for both the financial sector as well as the communities we support in those countries,” shares Lakshman Bheenick, CEO of CIEL Finance. We look forward to collaborating with these companies to contribute to a more inclusive future for all. #CIELGroup #TechForGood #Fintech #FinancialInclusion #SustainableFinance 

CIEL Group maintains a solid performance with key capital investments Here are some key highlights: 🔹 CIEL Group focused on growth through investments in key projects, including the renovation of Shangri-La Le Touessrok and increasing its stake in C-Care International Limited from 53.03% to 63.47%. 🔹 The Group delivered a strong performance, with revenue for the period reaching MUR 8.8 bn, consistent with CIEL’s expectations and driven by strong contributions from the Finance and Healthcare clusters. 🔹 EBITDA stood at MUR 1.5 bn in line with the prior period, despite the temporary closure of the Shangri-La Le Touessrok Hotel for renovation. The proactive operational efficiencies across the portfolio mitigated inflationary and wage pressures. 🔹 Free Cash Flow amounted to MUR 451M reflecting the capital expenditure program in the Hotels & Resorts and Healthcare clusters and higher working capital requirements from the Textile cluster, both in alignment with our growth strategy. Commenting on the results, Jerome De Chasteauneuf, Group Finance Director of CIEL Limited said: “As CIEL navigates the complexities of the global economy, adhering to a disciplined and efficient capital investment program will be essential for achieving sustained financial performance and creating value for our stakeholders. Embracing this philosophy will not only drive long-term earnings growth but also position the Group to thrive in an ever-changing business landscape.” #CIELGroup

CIEL Foundation celebrates 20 years of community engagement towards inclusion! To mark this key milestone in our journey, CIEL Foundation hosted a forum that brought together over 70 NGOs. This forum serves as a supportive framework for NGOs, providing opportunities for networking, collaboration, and collective growth.  #ForAWorldWeCanAllFeelProudOf

10 ans de partenariat avec BNI Madagascar, ça se célèbre !  Depuis 2014, en collaboration avec le groupe Axian, CIEL Group soutient fièrement BNI MADAGASCAR dans la transformation du paysage financier malgache. Ensemble, nous avons travaillé pour l’inclusion financière, rendant les services bancaires accessibles à tous les Malagasy, des particuliers aux entreprises. BNI MADAGASCAR, première banque malgache, a étendu son réseau à 111 agences à travers les 23 régions, facilitant l’ouverture de comptes et l’accès au crédit, et mettant un accent particulier sur l’accompagnement des petits entrepreneurs. Merci pour ces 10 années de succès ! #CIELGroup #BNIMadagascar