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World | Africa

How Mauritius has become the Switzerland of Africa

Between 1991 and 2002, capital from Mauritius accounted for nearly 40% of India’s foreign direct investment. Yet while Indian, and increasingly Chinese, multinationals have used Mauritius for round-tripping purposes, it is also a gateway for those wishing to springboard into Africa.

12 years, 2 months ago

South Africa 'set for 3.4% growth'

South Africa 'set for 3.4% growth'

South Africa's economy is set to grow 3.4 percent in 2011 but the African heavyweight must double this rate to fight a jobs crisis affecting three in five workers, the finance minister said Wednesday.

12 years, 3 months ago

Libya unrest leads to rise in oil price

The price of oil has risen in response to the turmoil in Libya.

12 years, 3 months ago

MCCI emphasises regional co-op

The 21st dinner of the Mauritius Chamber of Commerce and Industry (MCCI) was held at the Hilton at Flic en Flac. During the dinner, the importance of regional co-operation was discussed.

12 years, 3 months ago

African Development Bank (“AfDB”) priced its first public USD benchmark of 2011

The issue has a final maturity of 15th March 2016, pays a semi-annual coupon of 2.5% and has an issue price of 99.843% to give a spread of + 26.6 basis points over the UST 2% due Jan 2016, equivalent to 4 basis points over mid-swaps.

12 years, 3 months ago

Mauritius – Gateway to Africa/Asia

Mauritius is drawing on long-established links with India and Africa to position itself as a natural conduit for exponential growth in the emerging Africa and Asia trade corridor …

12 years, 3 months ago

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