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AfricaMoney | October 19, 2017

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BOI Africa Partnership Conference calls for greater collaboration on investment promotion to boost African growth

September 20, 2016 | The Board of Investment (BOI) kicked off its Africa Partnership Conference on 20 September, bringing together representatives of investment promotion agencies and industry representatives from Mauritius and Africa to discuss the opportunities and challenges of driving growth in Africa through greate...
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New corporate comms agency Acuitas Communications launches in Mauritius, London and Brussels

September 7, 2016 | Samantha Seewoosurrun and Simon Nayyar are delighted  to announce the launch of their new PR business, Acuitas Communications. The agency provides a full service PR offering, including corporate communications, financial communications, public affairs, and crisis management. The agency has a uni...
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AXA Africa Specialty Risks brings innovation and new skills to Mauritius as an insurance hub for Africa

July 22, 2016 | AXA Group, a worldwide leader in insurance and asset management, launched an  event in Mauritius for its new venture named AXA Africa Specialty Risks which is targeting the rapidly expanding market for African corporate and specialty insurance. This specialist market provides for instance insuranc...
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Anglo African Ventures the Fintech start-up investment division within Anglo African looks to invest in and establish strategic partnerships with Fintech start-ups whose technology can be sold into the company`s client base.

May 24, 2016 |

A Difference of Approach – Corporate Incubator Models

 Who Can Ventures Learn From?

 Anglo African Ventures, the Fintech start-up investment division within Anglo African, ...
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AXA is joining forces with Lloyd’s to create a specialty insurance venture named ‘AXA Africa Specialty Risks’.

April 20, 2016 | AXA is joining with Chaucer, a specialty Lloyd’s insurance group, to create a specialty insurance venture named ‘AXA Africa Specialty Risks’ which will be dedicated to covering specialty insurance lines in Africa, which comprises for instance political risks, energy and infrastructures...
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Lord Mayor: City of London is international gateway for Mauritius

March 1, 2016 | The British High Commission of Mauritius hosted a high level conference on “The City of London: Your International Gateway”  where the British High Commissioner,  H.E. Jonathan Drew highlighted that this was the first ever visit to Mauritius of any Lord Mayor and that the UK showed jus...
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Palm Global: Mauritius is domicile of choice in captive insurance.

February 16, 2016 | A new Captive Insurance Act was adopted in Mauritius in December 2015, which establishes a new legal framework for the captive insurance business, covering pure captives whereby a corporate entity insures itself, and any affiliates in a group, and mitigates the risk through reinsurance. The ...
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Mauritius is the least poverty-stricken country in Africa.

January 27, 2016 | Poverty in Africa has declined significantly in recent years, showing evidence that the past decade of economic growth has improved the lives of ordinary people, with Mauritius, the least poverty-stricken country. More people are living better lives as increasing levels of wealth have translated int...
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African Heads of State to meet in Egypt to reinforce their commitment to promoting regional investment and trade

January 25, 2016 | On the weekend of the 20th and 21st February Egypt will be hosting Africa 2016, the first international business and investment forum of its kind, an Africa to Africa investment forum aimed at strengthening business ties within Africa, both at a business and presidential level. The programme...
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Tadvest limited an investment holding company to be listed on the official market of the SEM.

January 21, 2016 | The stock exchange of Mauritius has approved the listing of Tadvest Limited (“Tadvest” on the ) Stock Exchange of Mauritius Ltd (“SEM”) to list up  to 60,000,000 ordinary shares of Tadvest on the Official Market of the SEM. The firm will list 15,196,030 ordinary shares at an indicat...
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Mauritius leads investment flows into Zimbabwe accounting for $4, 56 billion.

January 20, 2016 | Mauritius is the largest source of investment flows accounting for $4, 56 billion while the British Virgin Islands is on sixth at $760, 54 million, with the two making up the top 10 of source countries for investment since 2009 . Mauritius combines the traditional advantages of being an offs...
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Mauritius’s GDP will expand by 3.7% in 2016 as per the World Bank Global Economic Outlook 2016.

January 12, 2016 | Mauritius's Gross Domestic Product (GDP) will expand by 3.7% in 2016 as per the World Bank Global Economic Outlook 2016 report. Sub-Saharan Africa growth faces a challenging near-term outlook after slowing to 3.4% in 2015, adding that activity is expected to pick up to 4.2% ...
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PROPARCO teams up with CIEL to develop a chain of private hospitals in Sub-Saharan Africa.

January 4, 2016 | PROPARCO, the French development finance institution, is investing an undisclosed amount to acquire a 15% stake in Ciel Healthcare (CHL), a platform company sponsored by CIEL Group. The International Finance Corporation (IFC) is also participating alongside CIEL and PROPARCO in this initial ...
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Sub-Saharan Africa region have shown robust growth amidst slow global economic recovery.

December 30, 2015 | Sub-Saharan Africa (SSA) has witnessed a year of overall stability and growth in 2015 as it embarks on a journey to realize Agenda 2063, a blueprint for the continent's development in the next half century with countries like Cote d'Ivoire, Ethiopia, Mozambique, Rwanda and Tanzania which are...
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Africa a destination for the super-rich with around 43 000 multi-millionaires visited Africa in the 12 months to September 2015.

December 29, 2015 | “Millionaire Tourism in Africa,” says that around 43,000 multi-millionaires visited Africa in the 12 months to September 2015 amidst new visa rules that made it more difficult for visitors to go to South Africa, with Chinese and Indian millionaires are common visitors to Africa, especial...
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The Expert Explains: Do IMF consultations matter?

December 22, 2015 | An International Monetary Fund (IMF) mission hold discussions with key ministers, officials and stakeholders under the so-called “Article IV” consultation for 2015, as part of the IMF’s surveillance function, and set out its views on the key challenges for Mauritius in 2016 and how the...
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Improving Short-Term Macroeconomic Data for Southern Africa Policymakers

December 21, 2015 | AFRITAC South held two workshops at the facilities of the Africa Training Institute in Mauritius on high frequency indicators and on quarterly national accounts statistics, a unique opportunity for interagency dialogue as producers of statistics improved their understanding of users’ needs...
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The Coordinated Direct Investment Survey by the IMF shows US as the main source of FDI inflows and India the number one destination of direct investment outflows.

December 17, 2015 | The International Monetary Fund (IMF) Coordinated Direct Investment Survey (CDIS)  on 9 December 2015  indicates stock of direct investment liabilities of Mauritius stood at USD297.2 billion as at end-December 2014, up from USD265.9 billion compared to 2013. The United States ranked first ...
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IMF: Mauritian economy on the right track with an achievable growth rate within the range of 3%-4%.

December 14, 2015 | Sub-Saharan Africa remains the fastest growing region in the world despite the volatility in financial markets and commodity prices coupled with other external factors that may cause hindrance to economic development as per IMF. The Mauritian economy is evolving positively with an achievable...
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MIod and KPMG launches guide on The Audit Committee’s role in Control and Management of Risk

December 11, 2015 | Audit committees have greater responsibility today, therefore the importance of risk in the business world must be considered. The codes of good governance in Mauritius and abroad put a lot of emphasis on risk management.  In this line the Mauritius Institute of Directors (MIoD) and KPMG la...
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Africa belongs to the African people – African affairs should be handled by the African people.

December 9, 2015 | China's economic influence across Africa is as controversial as it is irrefutable. The president Xi Jinping announced a three-year plan to boast cooperation with the African continent. The $60bn package includes 10 major projects that extend from poverty reduction to trade facilitation. If A...
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China and Africa trade relationship evolves with Jinping pledges Sh6 trillion for development in Africa

December 4, 2015 | China and Africa trade relationship evolves with Xi Jinping pledges Sh6 trillion for development in Africa to ensure  successful implementation of these ten cooperation plans with China stepping p investment in factories manufacturing goods for export in Africa, in addition to building road...
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The expert explains: What is the right way to promote responsible investing?

December 3, 2015 | As global leaders gather in Paris for the UN Climate Change Conference (COP21), investors are being encouraged to sign up to the Montréal Carbon Pledge, under which asset owners and investment managers commit to measure and publicly disclose the carbon footprint of their investment portfoli...
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Mauritius and Morocco sign Double Taxation Avoidance Agreement to further foster the exchange of investments between the two countries.

November 27, 2015 | Mauritius and Morocco sign Double Taxation Avoidance Agreement to further foster the exchange of investments by providing greater tax certainty for businessmen of the two countries where currently there is interest for more Mauritian hotel operators to develop projects in Morocco. In the nea...
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Africa’s key decision makers must shape the transformation necessary for Africa to thrive as a destination for business.

November 26, 2015 | Africa's own pension funds must invest in growing Africa's economy, despite the clouds gathering over the 2016 economic outlook. Over 130 experts in the field of pension funds and asset management met in Mauritius on the 25 November 2015 for the 3rd AIFAM Forum 2015. The investment case for ...
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Africa’s scientific agenda with Mauritius is crucial for the next stage of socioeconomic development.

November 25, 2015 | It is only through the development of Mauritius single most value resource – the human capital, specifically in high-value and wealth generating sectors of science, technology and innovation, which will we be able to transform Mauritius society into a knowledge hub in this 21st century as ...
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Strengthening African justice systems is a key priority for building investor confidence, promoting businesses that can boost the continent’s economies.

November 24, 2015 | Strengthening African justice systems is a key priority for building investor confidence, promoting businesses that can create much needed jobs, and boosting the continent’s economies as vital to the economic growth of the African Continent and governments within the African continent are ...
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Mauritius a gateway to Asia through Singapore for the Indian Ocean Islands and countries of eastern and southern Africa.

November 23, 2015 | Mauritius a gateway to Asia through Singapore for the islands of the Indian Ocean and countries of eastern and southern Africa, where this ‘Air Corridor’ offers an exceptional opportunity for growth for Air Mauritius as it taps into the tremendous potential of traffic, as the increase of...
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MCB and SBM consider stake in CARE Ratings’ Mauritius arm, as the rating company attempts to foray in the Dark Continent.

November 20, 2015 | Two leading banks in Mauritius, the Mauritius Commercial Bank and State Bank of Mauritius together with the African Development Bank are likely to buy about 20-22% stake in the Credit Ratings (Africa) Pvt Ltd as the company attempts to foray in the Dark Continent. The new venture with an ini...
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Strengthening financial inclusion is a major challenge for Africa; The expert explains how can financial inclusion be strengthened?

November 19, 2015 | Kenya has made huge strides forward through the use of mobile money, but why isn’t the same approach working as well in other countries? What is the best approach to promoting financial inclusion across the continent? For those who wish to dig deeper, here’s the explanation, straight fro...
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