Starting October 1, one of the most ambitious cooperation agreements in the world is about to begin negotiations. It will bring together the European Union along with 79 countries in Africa, the Caribbean and the Pacific (ACP).
Mauritius Tender and Business News
The African Domestic Bond Fund (ADBF) was just launched as the first multijurisdictional fixed income Exchange Traded Fund (ETF) on the continent. A major benefit of the fund will be to reduce the need for foreign currency denominated debt.
Many African countries are now actively embracing what is called the "blue economy", with business and social benefits for actively looking to oceans, lakes and rivers to help expand their business opportunities.
South Africa-based Vantage Capital (www.VantageCapital.co.za), the biggest mezzanine fund manager on the continent, has provided Cap Tamarin, a mixed-use, residential-focused "Smart & Happy" Village located in Tamarin, a seaside village on the west coast of Mauritius, with $10M in mezzanine funding.
The U.S. Department of Agriculture is inviting businesses interested in growing their exports to Africa to join the USDA's upcoming trade mission to South Africa from October 29-November 2, 2018.
According to a new report by PwC regarding Africa's hotel sector, the increase in both foreign and domestic travelers on the continent over the next five years, plus the increase in the number of hotel chains there, should continue to support strong growth in the hotel sector for the next five years.
RS Components, the trading brand of Electrocomponents plc, just announced a significant expansion in its supply of electronic components within Africa. It just opened an e-commerce website, www.RSOnline.africa to serve a total of 15 countries countries on the continent.
The Africa Financial Sector Deepening Fund, a financial instrument designed to strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, just received a US $10 million investment from the African Development Bank.
The Commonwealth Countries in Africa will be showcasing their successes and challenges in recovering millions of dollars from criminal and corrupt officials, during the upcoming 8th Commonwealth Conference on Heads of Anti-Corruption Agencies in Africa.
Intelcia, a customer relations outsourcing company based in Morocco, announced the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
Access Power, a developer, owner and operator of power plants based in Dubai, announced the launch of the Access Co-Development Facility (ACF) 2018, the third edition of the funding and support platform for renewable energy projects in Africa and Asia.
SITA, a communications and IT solution provider, has announced that it will be providing wireless connectivity on the ground to Air Mauritius’ new fleet of Airbus A350 aircraft.
The annual Africa Energy Forum has invited the international energy community to Mauritius for a four-day conference and private exhibition with the theme “Reflections on the Last 20 Years” for its 20th anniversary on 19-22 June 2018 at the Paradis & Dinarobin Beachcomber Hotels.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Sweden has announced its investment of over SEK 800 million to the 'Strategy for Sweden'’s regional development cooperation in sub-Saharan Africa.
The United Nations Development Programme (UNDP) and the Green Climate Fund (GCF) have authorized US $191 million for a climate mitigation project by the Republic of Mauritius.
The ALU Africa Industrial Internet Program (APO.af/dQMC51) was just launched jointly by GE Africa and the African Leadership University (ALU) (ALUeducation.com).
Air Mauritius just received the first of two new A350-900 aircraft deliveries committed to on a long-term lease agreement with Netherlands-based AerCap Holdings N.V.
A new analysis from PwC of South Africa says Africa's hospitality sector, especially in its emerging markets, has the potential for high profits thanks to increasing foreign investment and a related growth in the number of foreign travelers coming to the continent.
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.
The award winners for 2017's SWITCH Africa Green-SEED Awards, honoring innovation in sustainable development in Africa on behalf of SEED, have just been announced.
Representatives from the Indian Ocean Islands and East Africa met in a major two-day planning session on June 27-28, to discuss the Fisheries Transparency Initiative (FiTI), an initiative to attack the growing global problem of illegal fishing.
In spite of the volatile economic climate expected in much of Sub-Saharan Africa over the next five years, inbound travelers will continue to visit the region in higher numbers. This should mean a real boom in the hospitality sector during that period.
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, 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.