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 Tender and Business News
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.
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.
While suffering from the worst drought in one hundred years, South Africans will -- on May 30 -- begin a global consultative process on water called "Valuing Water Initiative". It will bring together global representatives facing similar issues in throughout Africa, the Middle East and South America.
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).
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
Ameenah Gurbi-Fakim, Mauritius's sixth president as of June 5, 2015, and one of the few Muslim women heads of state in the world, recently sat down for an interview. Her focus for this conversation is on how global leaders need to take action to preserve the world's ocean.
Marriott International Inc. just announced it will be launching its new Aloft brand (www.AloftHotels.com) in the Mauritius's capital city of Port Louis.
As a further enhancement of its services, DHL Express (www.dpDHL.com) just announced the start of its On Demand Delivery service in six Sub-Saharan Africa countries.
The African Legal Network, a consortium of major law firms located throughout Africa, has joined a new member, ABCC (formerly SCAN Advogados) of Mozambique.
Shell's licensee in Africa, Vivo Energy, has announced a Pan-African partnership agreement with Orange across nine countries. It allows those countries where both companies overlap to use Orange Money to pay for their fuel.
Quantum Global Investments Africa Management Ltd. just announced it has acquired the Movenpick Ambassador Hotel Accra from the Kingdom Holding Company (KHC).
Norilsk Nickel Africa Pty Ltd and Norilsk Nickel Mauritius have filed suit against BCL Investments Proprietary Limited and BCL Limited to recover USD $271.3 million, plus damages and legal costs, owed in relation to their sale of a 50% interest in the Nikomati JV in South Africa.
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 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.
The L’Oréal-UNESCO For Women in Science (ForWomenInScience.com) programme just named 14 new award-winning research scientists across Africa as awardees of their post-doctoral Fellowship grants, in honor of the their contributions and innovations to the field of medical science.
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.
Products shipping from Namibia, Mozambique, Botswana, Swaziland and Lesotho to the European Union have now been granted duty-free access. The European Parliament just voted to approve the duty-free trade arrangement.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
They come from Bangladesh, China, India and Madagascar, mainly to run the machines in the textile industry here. But they do all kinds of other jobs too, from masons to bakers, house cleaners and gardeners.