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AfricaMoney | November 7, 2016

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SME financing in Mauritius amounts to Rs 4.7 bn over 4 years

April 21, 2015 | The MCB and SBM were the banks favoured by Small and Medium Enterprises, with the former accepting 1684 applications to the tune of Rs 3.1 billion, representing a 52.5% share, while the latter accepted 923 application for an amount of Rs 986.8 million. (Image:<...
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Mauritius tourist arrivals up 10.6% year-on-year over Jan-Mar 2015 to hit 291329

April 13, 2015 | From January to March 2015, France, Reunion, UK, China and South Africa maintained their places in the top 5, in the given order, with 76149, 40113, 25957, 22498 and 20665 tourists respectively. (Image : Mauritius welcomed 291,329 tourists over the perio...
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Mauritius & UK leverage opportunity to build a partnership in the financial sector

March 3, 2015 | The workshop centered around the discussion and initiative to create synergies between Mauritius and United Kingdom in the financial services sector. (Image: London and Partners) Within the framework of the reopening of a centre of the United Kingdom Trade and Investment (UKTI) ...
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IBL subsidiary merges with Princes Tuna Mauritius to boost sales in tuna market

March 3, 2015 | Princes Tuna (Mauritius) and Thon des Mascareignes’ merged entity will enjoy a strong position in the global tuna market, with estimated annual sales of USD 400 million, two processing sites and transfer of all employees to the new operation on completion of the transaction. (Image:thephil...
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Mauritius sees tourist arrivals up 7.6% in January 2015 as Europe resurges

February 11, 2015 | Tourist arrivals from Europe maintained their dominant position with an 11.9% rise in January 2015 to 56,563 footfalls (Image: Blogspot) Mauritius has witnessed an increase of 7.6% in tourists arrivals to its shores in January 2015, compared to the year-ago period. In absolute te...
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UK opens Trade & Investment Department in Mauritius to enhance trade links

February 4, 2015 | The newly opened trade and investment office is expected to ensure that British businesses share skills and build capacity so that more local jobs are created in the island economy. (Image: The United Kingdom has opened its Trade and Investment Department office in Mauri...
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Mauritius tourist arrivals up 4.5% year-on-year till September

October 13, 2014 | This overall spike in tourists to Mauritius was mainly driven by Asia, which saw a 23.1% rise in its total footfalls to the island economy to 121,352, against 98,550 tourists for the corresponding period of 2013 (Image: OneTikk) Mauritius’ tourism sector saw significant improve...
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Mauritius ranked first in Africa and fifth globally in Economic Freedom report 2014

October 10, 2014 | The island nation is seen as Africa’s most economically free country offering the highest quality of life and personal freedom. (Image: Forbes) Mauritius has yet again emerged with top honours among African countries in the Economic Freedom of the World 2014 report of the Frase...
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Business in fashion: Zoom by Fatex offers Mauritian exhibitors a networking forum

September 15, 2014 | In February 2014, the show confirmed its international appeal with 59% of visitors travelling from outside France to experience what exhibitors had to offer (Image: Knitting Industry) The 13th edition of the bi-annual, fashion-focused business fair – Zoom by Fatex – will witn...
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Global Competitiveness Report ranks Mauritius as first in Sub-Saharan Africa

September 9, 2014 | Mauritius surpassed South Africa by a solid 17 places and also outstripped Rwanda which was ranked 62nd, on the Global Competitiveness Report published last week by the World Economic Forum (Image: KPMG Africa) Mauritius came first in Sub-Saharan Africa yet again on the Global Co...
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Mauritius sees tourist arrivals up 4.3% till July 2014

August 11, 2014 | A revival in European arrivals and continued enthusiasm of Chinese tourists for the island economy boosted arrivals to Mauritius to 572,632 from January to July this year. (Image: Mauritius tourism got a much-needed boost, with overall visitors going up 4.3% to...
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Mauritius exports swing up 2% to hit Rs 29.37 bn in first six months of 2014

August 5, 2014 | Export-Oriented Enterprises (EOEs) particularly performed well, with the value of exports from EOEs increasing at a faster rate of 2.74% to Rs 23.65 billion, compared to the growth rate of total domestic exports at 1.91%. (Image: CHCL) Mauritius witnessed around 2% rise in expor...
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Mauritius back in the lead; routes USD 2.28 billion in FDI to India till May

July 30, 2014 | Mauritius remains the largest investor in India with investments of USD 2.28 billion, far exceeding those of Singapore which invested USD 982 million (Image: Emirates) After a weak year in 2013-14 when Mauritius lost its place as top-ranked FDI investor into India to the Asia-Pac...
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Export edge: Mauritius reduces trade deficit 3.9% year-on-year in May

July 22, 2014 | Compared to May 2013, the island economy's exports rose by 18.1% to Rs 8.26 billion in May 2014, spurred mainly by exports of manufactured goods which rose 9.88% to Rs 2.6 billion. (Image: Investors Business Guide) Mauritius’ trade deficit came down by 3.9% in May 2014 to Rs 5....
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Mauritius leads innovation in Sub-Saharan Africa; ranked in Top 50 globally

July 21, 2014 | Mauritius (40th), Seychelles (51st) and South Africa (53rd) are the only three Sub-Saharan African countries to hit the upper half of the Global Innovation Index rankings this year. (Image: ZD Net) Mauritius yet again leads the region on innovation, having been ranked 40th world-...
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Pan-African telco Internet Solutions to extend network by three points of presence

July 16, 2014 | Lesotho, Swaziland, and Malawi are the countries that have been provided with the new PoPs as the company wants to boost its capacity to support business in Africa. (Image: Mybroadband) Pan-African telecommunications services provider, Internet Solutions (IS), which is also pres...
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Mauritius among top three destinations in Sub-Saharan Africa for US & Japan FDI

July 14, 2014 | The report by Washington-based nonprofit public policy organization, Brookings Institution, analyses the investment flows between Sub-Saharan Africa and its major partners – the US, China, the European Union (EU) and Japan. (Image: Mauritius features among the top...
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Mauritius sees tourist arrivals rise 4% in six months to June 2014

July 11, 2014 | Europe, which continues to send more than 50% of overall visitors to the island economy, contributed to a rise of 0.8% to 266,295 visitors for the half-yearly period to June 2014 compared to a decline of 5.5% last year. (Image: Financial Times) The number of tourists visiting Mau...
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Mauritius most peaceful country in Africa: Global Peace Index 2014

June 23, 2014 | Globally, nations spent an estimated $ 9.8 trillion, translating to around 11.3% of global GDP or twice the size of the African GDP, on containing and dealing with violence (Image: Speed Hotels) Mauritius is ranked first in Africa and 24th in the world on the global peace index ...
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Mauritius sees trade deficit shrink by 8.7% year-on-year in April as exports rise

June 23, 2014 | Export revenues for mercantile goods rose by a towering 17.1%, or Rs 1.13 billion, to Rs 7.76 billion compared to the year-ago period, driven by higher machinery and transport equipment sales that rose four-fold from Rs 126 million to Rs 531 million. (Image: Iridium Express) Maur...
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Mauritius attracts Rs 1.9 billion foreign direct investments in first quarter of 2014

June 16, 2014 | The island economy had attracted Rs 2.68 billion in FDI in the first three months of 2013, representing a 29% dip over the year-ago period. (Image: All in Mauritius) Mauritius attracted Rs 1.9 billion of foreign direct investment in the first quarter of the year against Rs 2.68...
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Mauritius e-government less about digitization; more about government transformation: ICT minister

May 2, 2014 | Also, Roo Reynolds, Product Manager in the UK’s Government Digital Service, and Emtel CEO Shyam Roy paid a courtesy call on Prime Minister Navin Ramgoolam, at the Treasury Building in Port Louis. (Image: GIS) The digital revolution will make governments more responsive to the ...
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Thomson Airways to connect Mauritius to London starting this May

April 21, 2014 | In addition, Thomson is offering 14-night holidays to the Thomson Couples for Ambre Resort & Spa, Mauritius on an all-inclusive basis from £2,055 per person, including return flights departing from London Gatwick airport between May 1, 2014 and May 15, 2014. (Image: Thomson Airways) Read More

Mauritius Rum Festival in its second run; to come to UK next week

March 25, 2014 | The rum industry has emerged as one of the pillars of growth for sugar producers in Mauritius, which is now producing premium rums that are well poised to compete on the international front. (Image: Enterprise Mauritius) Enterprise Mauritius is organizing the second edition of t...
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