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Africa Business News

Mauritius Tender and Business News

LUX Ile des Deux Cocos Converts to Full Solar Power

Mauritius-based LUX* Resorts & Hotels has replaced its previous diesel-based power generation with a bank of 130 solar panels and batteries, to provide full power generation for its Ile des Deux Cocos, off-grid SE Mauritius (www.IleDesDeuxCocos.com/fr) project.

Algold Granted License to Mine in Mauritius

The Mauritianian government has formally consented to the granting of a mining license to Algold Resources, a mineral exploration company based in Quebec, for its Tijirit project.

VLCC Group of Dubai Plans Major African Expansion

VLCC Group, a weight loss solutions plus hair and skin treatment company headquartered in Dubai, United Arab Emirates, with an existing presence in Nairobi, just announced announced its plans to expand -- via franchise -- throughout a number of African countries.

Africa Commits to Eliminating Mercury from Trade and Production

Mercury is growing as a major health and environmental heath worldwide. As the African continent grows as a hub of international trade, an increasing an increasing number of African countries are committing to phasing out mercury, a significant health and environmental hazard.

African Companies Need to Do More to Improve 'Digital IQ'

Most organizations need to do more to keep up with the digital era, and African companies match their global peers in what London-based consultancy PwC calls 'Digital IQ'. A new report show only 52% of African companies rate their Digital IQ as strong (with a score of 70% or greater on a detailed metric).

New African Innovation Fund Receives $10M Seed Investment

A new investment fund, the Technology and Innovation in Developing Economies (TIDE) Fund I, has received a base US $10 million equity investment from the African Development Bank (AfDB). The funds will be used to increase production, productivity, and growth in the continent.

Convergys to Open First BPO Center in Mauritius

Convergys Corporation, a major global provider of customer management and BPO (Business Process Outsourcing) services with headquarters in Ohio, just announced plans to open its first customer service center in Mauritius. The facility is expected to open in early 2017.

Africa Forward Together (AFT) Banking Conference Opens in Mauritius

The Mauritius Commercial Bank Group (MCB) opened its week long 2016 Africa Forward Together (AFT) conference. It is the seventh year of this important event, which brings together 40 top executives from 40 African banks, with the goal of developing new ways the banking system can work together on the continent.

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