Tag archive for "Africa"

Local

Duval in Ethiopia to promote island as gateway to Africa

No Comments 10 May 2012

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Vice prime minister and minister of Finance and Economic Development Xavier Luc Duval left for Addis Ababa, Ethiopia on Wednesday to participate in the World Economic Forum (WEF) 2012. The forum is being held from Wednesday to Friday. The theme chosen is ‘Shaping Africa’s Transformation.’ On Thursday, Duval will preside over important working sessions with [...]

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Local

Africa rich in resources: Clesse

1 Comment 19 January 2012

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On Tuesday, the Mauritius Chamber of Commerce and Industry (MCCI) organised a lecture on the theme ‘The future role of Africa in the international system’. This was delivered by Dr Armand Clesse, director of the Luxembourg Institute for European and International Studies. In his speech, Clesse said that Africa is associated with many negative aspects [...]

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Business

Africa emerging as a continent of opportunity

No Comments 30 December 2011

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Defying the festering Eurozone crisis, Africa is poised for an economic upsurge, with international observers and the World Bank hailing it the “continent of opportunity.” “This is the Africa of opportunity, the Africa where people take charge of their own futures and the Africa where people are looking for partnerships,” IMF managing director Christine Lagarde [...]

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Business

IMF chief lauds Nigerian reform bid on first Africa visit

No Comments 20 December 2011

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IMF chief Christine Lagarde met Nigeria’s President on Monday on her first visit to Africa as head of the fund, with the trip to focus partly on potential fallout from the European debt crisis. Lagarde held talks with President Goodluck Jonathan after meeting finance minister Ngozi Okonjo-Iweala, a respected former World Bank managing director, and [...]

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Local

China woos Africa via Mauritius

No Comments 24 November 2011

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One of the biggest assets of Mauritius is its geographical location. In this context, an importance delegation from BDO China arrived on November 20 to work in collaboration with BDO Mauritius. The aim of this visit is to establish contacts and create a working environment with Mauritian and African groups. BDO Mauritius held a press [...]

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Local

Validation meeting gathers educationists from Africa

No Comments 24 November 2011

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‘The validation meeting for mid-term evaluation of plan of action for the second decade of education for Africa’ was officially opened by the minister of Tertiary Education, Science, Research and Technology, Dr Rajesh Jeetah on Wednesday at Plantation hotel, Balaclava. The validation meeting, which will gather delegates from African countries, will be held from November [...]

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Business

Sub-Saharan Africa to grow above 5pc: IMF

No Comments 20 October 2011

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The International Monetary Fund (IMF) Regional Economic Outlook projected that growth in sub-Saharan African economies will remain on average above five per cent in 2011. The growth rate is expected to increase in 2012 to nearly six per cent, because of one-off boosts to production in a number of countries, it said, adding that beneath [...]

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Business

Mahindra eyes Africa market for new SUV

No Comments 30 September 2011

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In an effort to improve overseas sales, automobile major Mahindra & Mahindra on Thursday said it will launch its premium sports utility vehicle (SUV) XUV500 in South Africa on Friday, just a day after introducing the car in India. “XUV500 would be lunched in Johannesburg, South Africa tomorrow and within the next six months would [...]

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Local

DCL awarded best Cyberoam distributor in Mid-East, Africa

No Comments 26 September 2011

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Data Communications Limited (DCL) has won the best distributor award for the Middle East and Africa at the Cyberoam Partner Summit held in Athens, Greece. The announcement was made by Roodesh Ramsurrun, DCL director of sales and marketing during a press meet held at Labourbonnais Hotel in Port Louis on September 23. DCL executive directorGanesh [...]

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