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AfricaMoney | November 6, 2016

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Mauritius to host pan-African ICT conference in 2014

November 11, 2013 |

What will come as great news to ICT players in Mauritius is that each conference held under the IST Africa banner places special emphasis on showcasing progress in the dynamic information and communications technology space in the host country. (Image: euroafr...
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Sub-Saharan Africa has 6 nations in 10 most corrupt countries

November 5, 2013 |

Sub-Saharan Africa is host to 28 of the 70 ‘extreme risk’ countries including six of the 10 worst performers on the Corruption Risk Index (CRI). (Image:

Corruption remains a grave problem ...
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Mauritian exchange GBOT eyes continent coverage, rebrands to Bourse Africa

October 31, 2013 |

A pioneering pan-African focused trading venue, Bourse Africa aims to serve the needs of the growing African financial markets environment. (Image: Business Daily Africa)

Mauritius’s first international multi-ass...
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And, the African Person of the Year is…

October 30, 2013 |

Every year, the influential US-based business website Forbes celebrates ‘the individual who, for better or worse, has had the most influence on events of the year gone by.’

So, are you all set to know the name ...
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African revenue administrators meet over tax talks in Mauritius

October 29, 2013 |

Mauritius is hosting a four-day, pan African tax seminar to thresh out “information exchange” issues, which is likely to witness participation from around 30 revenue administration officials across sub-Saharan Africa. (Image: Government of Mauritius)Read More

Africa rising on the back of reforms

October 28, 2013 |

IFC’s 2013 Development Impact Report for Sub-Saharan Africa report highlighted that in 2012, the emerging continent registered almost three times the number of reforms of any other region in the world. (Image:

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Will Africa ever get its act together?

October 23, 2013 | For Mauritius, widely regarded as the gateway to Africa, it is essential that the emerging continent should get its act together, and soon. The African Economic Conference (AEC) to be held in Johannesburg from October 28-30, addresses the core of the quest for the continent’s economic revo...
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Coca Cola, MTN most admired global, African brands in Africa

October 23, 2013 |

Coca Cola emerged as the most admired and valuable global brand in Africa while MTN won top honours as the most admired and valuable African brand at the African Business Award 2013.

Coca Cola emerged as the most a...
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IFC launches African Corporate Governance Network in Mauritius

October 21, 2013 |

With an eye on an emerging Africa, the International Finance Corporation (IFC), a member of the World Bank Group, announced the launch of the African Corporate Governance Network (ACGN) in Mauritius on October 16. (Image: Read More

Mauritius tops Africa’s governance ranking

October 21, 2013 |

Mauritius topped the seventh Ibrahim Index of African Governance (IAAG), a survey of 52 African nations conducted by the Mo Ibrahim foundation, run by the Sudanese-British mobile communications entrepreneur and billionaire.

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Duval bags Best Finance Minister of Africa award

October 14, 2013 |

Mauritius’s Xavier-Luc Duval has bagged Africa investor’s Best Finance Minister of Africa Award for the second year running. (Image: Government of Mauritius)

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Sub-Saharan Africa to grow strong at 4.9% in 2013

October 11, 2013 |

The October issue of the World Bank’s Africa’s Pulse forecasts that GDP growth in Africa will rise to 5.3% in 2014 and 5.5% in 2015, on the back of rising private investment (Image:

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Is Africa the new India for Mauritius?

October 10, 2013 |

Standard Chartered, which has huge presence in Mauritius, is slowly diversifying its operation base from India to Africa, with plans to invest $100 million over the next three years for expanding its Africa business (Image: African Business Review)Read More

Mauritius tops Sub-Saharan Africa on Human Capital Index

October 8, 2013 |

A positive score on the Education pillar, especially primary and secondary education parameters, keeps the Mauritian flag flying high on the Human Capital Index by the World Economic Forum. (Source:

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COMESA makes Mauritius its third bank hub in Africa

October 7, 2013 |

The President and CEO of the PTA Bank, Mr Admassu Tadesse looks on as Mauritius’ Vice-Prime Minister, Minister of Finance and Economic Development, Xavier-Luc Duval inaugurates its third regional hub in Africa, Source: Government of MauritiusRead More

Entrepreneurs must take failure in their stride: Malik Fal

October 2, 2013 | At 49, Malik Fal, managing director, Omidyar Network, Africa seems to have done it all. With more than 15 years of experience across multinational corporations like Pepsi-Cola International, Microsoft and The Monitor Group, Malik has tried his hand across functions, be it operations, consulting, str...
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Care Rating to set up Mauritius joint venue to tap African markets

September 26, 2013 |

Mauritius, the investment platform linking Asia and Africa, is set to come into the spotlight yet again, as India-based ratings major, Credit Analysis and Research Ltd (CARE), homes it on the island for its African foray.

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JSPL wins five iron ore mining contracts in Africa

August 30, 2013 | Indian steel producer Jindal Steel and Power (JSPL) has been awarded five iron ore exploration contracts in Africa The company secured the new contracts at the time when iron ore mining is banned in the home market, India. JSPL managing director and chief executive Ravi Uppal told Indian busin...
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AfDB, AUC Sign US $45 Million Grant Agreement to Boost Pan African University

August 26, 2013 |

 The African Development Bank (AfDB) and the African Union Commission (AUC) have signed a grant agreement worth US $45 million to boost the Pan African University.

This grant from AfDB Group’s concessional window, the Read More

DHL observes changes In Africa’s technology market

August 26, 2013 |

As competition within the technology sector is becoming more intense, Asia’s importance as both a manufacturing location and a consumer market keeps growing.

Charles Brewer, Managing Director for DHL Express Sub-Saharan Africa, s...
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Chinese bank invests in African infrastructure development

August 23, 2013 |

China Development Bank (CDB) has invested at least US$2.4bn in African infrastructure and commercial projects. The projects will be estimated to bring at least a further US$10bn of Chinese investments into Africa.

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BBC to launch Africa Business TV Show

August 23, 2013 | The BBC World News has announced this week that as from the 5th October it will launch the Africa Business Report, and which w will be presented by South African business expert and former World Service broadcaster Lerato Mbele, reports African Business Review. Presented by South Afric...
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Goverment working towards job creation: Zuma

August 5, 2013 |

Government is doing all it can to ensure that jobs are created despite tough economic circumstances, said President Jacob Zuma in an interview given to SABC recently.

“We have been talking about this matter; it’s a matter that ...
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Ethiopian Airlines to fly to Enugu, Nigeria

August 1, 2013 |

Ethiopian Airlines, the fastest growing airline in Africa, has announced the commencement of new services to Enugu, Nigeria as of August 24, 2013 becoming the first international carrier to fly to the city. Ethiopian will also increase its five weekly flights to Abuja...
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Fastjet to go international from September

August 1, 2013 |

 According to African Review the African low-cost airline Fastjet has released plans to launch its first international route from September with flights from Tanzania to South Africa.

The African carrier, which is headquartered i...
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COMESA SMEs toolkit to attract US$1bn trade

August 1, 2013 |

THE Common Market for Eastern and Southern Africa (COMESA) SME toolkit Zambia, has projected to attract about US$1 billion worth of trade and investment at the coming Chinese International Fair.

COMESA SME toolkit coordinator Edwin...
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Barclays dominate African banking sector after merger

July 30, 2013 | Deal sees Barclays-controlled Absa and the British Bank's African business consolidated into one to further 'One Bank in Africa' vision reports African Business Review. Barclays will create Africa’s largest retail bank in terms of branch networks and customers in a tie-up deal. The Absa banking...
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Copperbelt Energy to raise funds for African expansion

July 29, 2013 | Copperbelt Energy, which supplies power to Glencore Xstrata and Vedanta Resources in Zambia, has revealed plans to raise US$150mn through loans to expand business in Africa and finance existing debt

Copperbelt Energy corp...
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COMESA-AMSCO sign pact for Private Sector development

July 26, 2013 |

The private sector in the Eastern and Southern Africa region is set for a major boost following the signing of a development agreement between COMESA and the African Management Services Company (AMSCO).  Under a Memorandum of Understanding signed by the COMESA, Secr...
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Sub-Saharan Africa maximize on abundant land, World Bank

July 25, 2013 |

The World Bank urges Sub-Saharan Africa to make most of its 202 million hectares of land in order to reduce drastically poverty and boost growth, jobs, and shared prosperity. According to a new World Bank report, “Securing Africa’s Land for Shared Prosperit...
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