QG Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., has announced the acquisition of the Movenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC).
The Fidelity Commercial Bank Ltd board of directors has approved a deal to sell the lender to Mauritian financial services group SBM Holdings.
A Mauritius-based company, Ambo International Holding Ltd., has acquired 33 percent of government’s share in Ambo Mineral Water SC, bottler of the popular Ambo mineral water, at a price of $19.7 million.
Leading event management company Pacific World says it will be expanding its operations to offer incentive experiences for their clients in Mauritius and Dominican Republic for 2017.
SBM Group of Mauritius is foraying the East African market through acquisition of Kenya’s Fidelity Bank subject to regulatory approvals in Kenya and Mauritius.
Real estate, financial services and manufacturing have spurred Mauritius foreign direct investment growth to 69 per cent year on year in the first half of 2016, the equivalent of $222 million according to the Board of Investment.
South African Airways (SAA) has added capacity on its Mauritius route, with the introduction of a bigger aircraft, an Airbus A330-200 to this popular and growing destination.
Mauritius Commercial Bank (MCB) in partnership with Mastercard today announced the introduction of the first contactless card solution in the country.
African Ministers, World Bank and Partners Meet in Mauritius to Catalyze Investments for the Ocean Economy
The World Bank Group, in collaboration with the Republic of Mauritius, is organizing the African Ministerial Conference on Ocean Economies and Climate Change, on September 1 – 3, 2016.
Mauritius is targeting Nigeria and other African nations to help sustain growth in tourism revenue that’s expected to reach almost 10 per cent this year.
Switzerland, the United Kingdom, Sweden, the Netherlands and the United States of America are the world’s five most innovative nations, according to the Global Innovation Index 2015
Emirates has extended its individual global marketing agreements with Mauritius and the Seychelles, continuing to promote both countries' tourist markets.
Mauritian Prime Minister Sir Anerood Jugnauth on Wednesday indicated that a historical agreement has been signed between Mauritius and Changi Airport in Singapore for the establishment of an air corridor between Asia and Africa using Mauritius and Singapore as hubs.
Vienna is the world’s best city to live in. German-speaking cities dominate the rankings in the 18th Mercer Quality of Life study, with Vienna joined by Zurich, Munich, Düsseldorf and Frankfurt in the top-10.
SWIFT announces today that the Innotribe Startup Challenge for Africa is open for applications. For the second year running, the Innotribe Startup Challenge for Africa will be part of SWIFT’s African Regional Conference (ARC) held in Mauritius from 17-19 May.
Air Seychelles expands regional flying; introducing a fifth weekly service between Seychelles and Mumbai
Air Seychelles, the national airline of the Republic of Seychelles, has announced that it will expand its flying in the region with the introduction of a fifth weekly service between Seychelles and Mumbai starting from Thursday, 28 January, 2016 and a fifth weekly service between Seychelles and Mauritius starting from Thursday, 4 February, 2016
Air Seychelles, the national airline of the Republic of Seychelles, has announced that it will operate five additional services between Seychelles and Mauritius during the month of December 2015.
The AFRITACs Central and South organized on September 28-October 2 an interregional seminar, in collaboration with the Africa Training Institute. The event organized at the institute’s headquarters in Mauritius brought together senior officials and experts in tax and customs.
The Global Competitiveness Report 2015-2016by the World Economic Forum assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity.
The Johannesburg Stock Exchange (JSE) and the Stock Exchange of Mauritius have signed a memorandum of understanding (MoU) as a firm indication to foster the development of a strategic partnership.
[Mauritius] All Secondary Schools to Be Provided With High Bandwidth Internet Connectivity Through Wi-Fi Networks
The Minister of Technology, Communication and Innovation, Mr Pravind Kumar Jugnauth, will award a contract to provide all secondary schools with high bandwidth internet connectivity through Wi-Fi networks.
Emirates Expands Marketing Agreements with the Tourism Boards of South Africa, Seychelles and Mauritius On the sidelines of the Arabian Travel Market 2015
Emirates, a global connector of people and places, renewed its individual global marketing agreements with the Tourism Boards of South Africa, Seychelles and Mauritius.
Emirates has renewed its support to Mauritius by extending a Memorandum of Understanding (MoU) which outlines joint activities to promote the island destination.
The Southern Africa Youth in Tourism Conference, under the theme Promoting Sustainable Tourism Development through Involvement and Participation of the Youth, opened this morning at Pointe-aux-Piments Recreational Centre in Pointe-aux-Piments.
Mauritius Commercial Bank Group will further its expansion in Mozambique in partnership with Société Générale. As per an agreement signed yesterday, Société Générale will become a shareholder of MCB Moçambique
The Mauritius Commercial Bank (MCB) is affirming its growing African ambitions through its participation as one of the four Diamond Sponsors of the forthcoming Africa CEO Forum.
Angolan mobile operator Unitel is planning to expand its activities in the countries of the Southern African Development Community (SADC), announced its chairman, Isabel dos Santos.
IMF Hosts Conference On 'Managing Capital Flows - Lessons From Emerging Markets for Frontier Economies' in Mauritius
The International Monetary Fund (IMF) hosted on March 2, 2015, a conference titled, "Managing Capital Flows: Lessons from Emerging Markets for Frontier Economies" in Balaclava, Turtle Bay, Mauritius. The Hon. Seetanah Lutchmeenaraidoo, Minister of Finance and Economic Development of Mauritius, and David Lipton, First Deputy Managing Director of the IMF, opened the conference, followed by a keynote address from Princeton Professor Dani Rodrik, Institute for Advanced Study, Princeton.
AfrAsia Bank's Private Banking strength affirmed by Seven Euromoney accolades, including 'Best Private Bank in Mauritius 2015'
The 2015 Euromoney Private Banking Survey has awarded AfrAsia Bank several accolades for private banking services, the most prominent being 'Best Private Bank in Mauritius 2015'. The award ceremony and gala dinner were held on Thursday 12th February at Plaisterers' Hall (London) and attended by Garry Sharp, Head of Private Equity and London Representative Office of AfrAsia Bank.
Orange launches breakthrough all-inclusive digital offer to deliver mobile internet to millions more across Africa and the Middle East
Today, Orange puts the mobile internet within reach of millions more people, otherwise not previously addressed, with the launch of a new breakthrough digital offer across its significant African and Middle Eastern footprint. The Orange Klif digital offer starts from under US$40 (€35), inclusive of a smartphone, data, voice and text bundle, setting a new benchmark in price that will act as a major catalyst for smartphone and data adoption across the region.
SAA celebrates 50 Years of direct flights between South Africa and Mauritius; frequency increases driven by demand-side growth
South African Airways (SAA) this year celebrates a half-century of direct flights between Johannesburg and Mauritius. The airline presently operates daily flights on the route with a recent 9% increase in frequency resulting in twice daily operations on Thursdays with double flights too on Saturdays and Sundays.
Offering an additional capacity of 1890 seats per week, the second A380 service replaces the existing Boeing 777 operation. It will have a capacity of ...