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AfricaMoney | October 16, 2017

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Barclays Africa bids good bye to regional CEO and Head of Strategy

June 5, 2014 |

Kennedy Bungane will resign on June 18, 2014, to dedicate himself to other professional projects, after 23 years in the banking sector during which he helped shape the creation of the Barclays African group and its Africa growth strategy. (Image: African Arg...
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EU to support Mauritius in ethanol production with Rs 165 million grant

June 5, 2014 |

According to the government of Mauritius, the production of ethanol could allow the country to answer both the energy and economic challenges of the island. (Image: Anguil)

Mauritius is boosting renewable energy s...
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Mauritian exports to Africa dip in the first quarter of 2014

June 4, 2014 |

According to Statistics Mauritius, this decrease in sales to the rest of Africa is largely due to a reduction in the island economy's exports to South Africa. (Image: Proudly African)

The total exports of the islan...
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FSC exhorts strong economic ties between Mauritius and Africa on Africa Day

June 2, 2014 |

Mauritius holds the African continent in high esteem, and, on this occasion, we wish to reiterate the commitment of the FSC to contribute further towards reinforcing Mauritius’ partnership with Africa, said Clairette Ah-Hen, CEO of the Financial Services Co...
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APRA ends on note of ‘Africa unite’; pledges to change image of Africa

June 2, 2014 |

APRA, with support from African Union Commission (AUC) and other relevant organisations, will immediately embark on the development of a comprehensive programme of action to position Africa as a rising continent. (Image: Cecilia Samoisi/ AfricaMoney)<...
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Islamic financial services industry must use African opportunities: Mauritius PM

May 22, 2014 |

Mauritius is confident of sustaining and developing a buoyant Islamic financial services industry, added Navin Ramgoolam. (Image: Hindustan Times)

Mauritius Prime Minister Navin Ramgoolam noted in his speech at the...
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Africa: Financial services market on lookout for asset management experts

May 20, 2014 |

The Society of Trust and Estate Practitioners (STEP) worldwide is preparing to organise its next international conference in Mauritius in March 2015. (Image: STEP)

The STEP South Africa Conference, organised by th...
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Emirates sees profits up 32% as jet fuel prices dip

May 9, 2014 |

In 2013-14, Emirates started A380 services to Barcelona, ​​Brisbane, London Gatwick, Los Angeles, Mauritius and Zurich, bringing the total number of destinations served by its flagship Airbus aircraft to 27.

Th...
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Mauritius to host international communication experts from 28-30 May

May 8, 2014 |

These professionals, speakers and delegates will attempt for the first time to develop a consistent communication initiative for the continent under ‘Campaign Africa’.

The 26th edition of the All Af...
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Ericsson wins award for connecting the unconnected in Sub-Saharan Africa

May 7, 2014 |

Ericsson has been recognized for "Connecting the Unconnected" by Telecoms.com in their 2014 Industry Awards for the company's involvement in the Millennium Villages Project and ‘Connect to learn’ initiative. (Image: Connect To Learn)

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TIME: 10 Africans number among 100 ‘Most Influential People’

May 6, 2014 | This year, a record number of women have made it to the list, 41 in all, with Africa contributing four: Nigerian finance minister Ngozi Okonjo-Iweala, Kenya’s Ory Okolloh, Director of Investments at Omidyar Network, South Africa’s fearless public advocate Thuli Madonsela and Uganda’s S...
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African major Ecobank in talks to buy stake in Mozambican bank

February 26, 2014 | Ecobank brings to Mozambique international expertise, experience and an unparalleled network of subsidiaries, branches and offices across Africa. (Image: Coloribus) African banking major Ecobank confirmed yesterday that it is in discussions to acquire a 96 percent stake in the Mo...
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Mauritius launches Africa fund to help companies with African forays

February 20, 2014 |

The Mauritius-Africa Fund with a seed capital of Rs 500 million, aims at encouraging local enterprises to invest in Africa. (Image: GIS)

Finance Minister Xavier-Luc Duval yesterday launched the Mauritius-Africa Fun...
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Mauritius tops Africa in Forbes’ Best Countries for Business poll

January 8, 2014 |

Together with the island economy, which came 29th in global rankings, South Africa, Rwanda, Botswana and Zambia rounded up the top 5 African nations at 41st, 49th, 60th and 68th place respectively. (Ima...
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African Union peer review report lauds Mauritius for best practices

December 16, 2013 |

Mauritius held out as example to other African nations for ‘making tremendous progress in corporate and social governance as well as in the health and education systems.’  (Image: GIS Mauritius)

Mauritius was ...
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Eurozone’s low GDP growth pulls down African economy, sugar sector

December 13, 2013 |

The ministers’ council urged the review of the impact of the new sugar regime and free trade agreements on ACP sugar supplying countries. (Image: Neurope)

A struggling Eurozone and its adverse impact on...
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Come 2014, African bourses can expect flood of new companies

December 5, 2013 |

As much as $1bn has been raised in Mauritius since 2010 and local companies are using the stock exchange platform to raise capital to fund their growth. (Image: United Nations)

For African bourses from Côte d’Iv...
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WTO seeks to shape future of global trading systems

December 4, 2013 |

The stage is set for a huge makeover of the global trading system at the ninth World Trade Organization (WTO) ministerial conference. (Image: International Business Times)

Even as we speak, the stage is all set for...
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Africa by Numbers: Look before you invest

December 3, 2013 |

Foreign direct investment (FDI) into sub-Saharan Africa has grown at a compound rate of 22.3% between 2007 and 2012, according to a recent report by Ernst and Young (EY).

The Africa by numbers 2013 Read More

Sub-Saharan Africa turns to China and India to bolster economy

December 2, 2013 |

The report notes that China is the main trade partner for Sub-Saharan Africa among all rising powers, and that emerging economies are rapidly increasing their trade share at the expense of developed, high income countries. (Image: Xinhua)

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Africa’s online library on law and governance to aid start-ups

November 29, 2013 | This free online database will enable African entrepreneurs, start-ups and investors to make quick and informed decisions, driving Africa towards sustainable development. (Image: EIFL) With different laws and legislative systems governing diverse countries in the African continen...
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Africa’s largest law firm to open Mauritius office next month

November 29, 2013 |

ENSafrica Chief Executive Piet Faber believes Mauritius is a lot more business friendly than South Africa. (Image: FINANCIAL MAIL)

Africa’s largest law firm ENSafrica will be going live with a fully integrated Ma...
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Mauritius chosen to host Islamic Financial Service Board’s 11th summit

November 26, 2013 | The international standards-setting organization has turned for the first time to the African continent to host its premier event and Mauritius won the golden opportunity to be its partner for the 11th chapter of the forum. (Image:IFSB website) A preferred destination for interna...
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Piracy and armed robbery affecting the global economy

November 21, 2013 |

Piracy and armed robbery at sea are not only seen as a barrier to the delivery of humanitarian aid to Somalia, but also post a real threat to the global economy, according to a report by the United Nations Security Council. (Image: boston.com)

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Budget 2014 expert speak: “Don’t put all eggs in African basket”

November 21, 2013 |

Mauritian economist Philip Lam gives you his forthright views on tax incentives, housing, unemployment, sector focus, Africa strategy, and most importantly, the implementation of the budget he openly describes as ‘ambitious’

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MCB eyes collaboration with African banks to grow bigger

November 20, 2013 |

Through its “Bank of banks” strategy, the MCB plans to position itself as a privileged partner of the African banks rather than be considered a competitor on African territories.

The Mauritius Commercial Bank (...
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Barclays under fire for promoting Mauritius, other tax havens

November 20, 2013 |

London-based NGO ActionAid has accused Africa’s largest retail banking giant, Barclay’s Bank, of promoting Mauritius and other tax havens to its clients as preferred investment gateways into Africa and Asia.

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African technology, agriculture must sync genetic codes

November 19, 2013 |

African agriculture is crying out for help. Is technology listening? Even as genetically modified (GM) crops are slow to gain popularity amid traditional cultivation, the challenges of separate biosafety regulations across African countries are making it even ...
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Mauritius financial sector looks up, profits zoom for MCB, SBM

November 15, 2013 |

Industry bell-weathers Mauritius Commercial Bank (MCB) and State Bank of Mauritius (SBM) both declared strong results for the period ended September, 2013. (Image: Peter Kuchar)

The financial secto...
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Budget 2014 expertspeak: ‘Mauritius to become the Brussels of Africa’

November 15, 2013 |

AfricaMoney spoke to Paul Halpin, director, International Financial Services Ltd, Mauritius, to understand the African strategy under Budget 2014 in greater detail.

AfricaMoney spoke to Paul Halpin, director, Inter...
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