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Africa : Commodity Bridgehead to Asia
Trade from and in Africa, the New Asia Bridgehead, with Investors Europe Mauritius Stock Brokers. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended and neither do we solicit clients from the U.S. or any other specific jurisdiction, including the Republic of Mauritius inter alia.
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The Indian Ocean island nation is trying to expand into offshore banking, business outsourcing, luxury real estate and medical tourism, in a bid to diversify its economy away from sugar, textiles and tourism.
"Muritius expects foreign direct investment to come to 14 billion rupees ($391 million) in 2016, up more than 44 percent from 9.7 billion last year, its finance minister said on Tuesday"
"A politicial outsider, Trump is seen as a risk to global growth as he has pledged to renegotiate trade deals, impose high import tariffs and stirred fears of a currency war with China"
Kenya: New law to give land titles to communities who only customarily own land
"Impoverished nomadic communities across Kenya are to receive land titles under a new law that experts hope will help end land conflicts, boost development and improve investor relations"
The South African rand has regained its position as Africa's top currency, leapfrogging the Nigerian naira this week.
"This comes after four major events in recent months: the Brexit vote, the South African municipal election results, the rand gaining more than 16% against the dollar since the start of 2016, and the naira losing more than a third of its value after Nigeria’s central bank removed a currency peg in June"
The rebound in rig count indicates that U.S. oil companies are looking to restart drilling, but a serious shortage of workers complicates a fast restart
"The rebound in rig count indicates that U.S. oil companies are looking to restart drilling, but a serious shortage of workers complicates a fast restart"
Nigeria signs first-ever solar power purchase agreements: 12 projects totaling 975 megawatts.
"Nigeria has signed its first-ever power purchase agreements with the developers of 12 solar projects in Nigeria totaling 975 megawatts in what stakeholders describe as a utility-scale solar revolution"
Read more about Air India plans to resume Nairobi flight on Business Standard. Chairperson Ashwani Lohani said airline sending team to Kenya and Tanzania to assess market potential
"Air India is exploring resumption of its service to Nairobi and Dar es Salaam six years after it withdrew from the market"
Philippe Meilhac, a lawyer for Barahira, said the accused were likely to appeal the decision.
"France on Wednesday sentenced two former Rwandan mayors to life in prison for genocide and crimes against humanity committed in the African country in 1994"
The construction of the pipeline, meant to export the Ugandan crude oil to the international market, is planned to be finalised by 2020.
"The construction of the pipeline, meant to export the Ugandan crude oil to the international market, is planned to be finalised by 2020. Oil explorers have discovered more than 6.5 billion barrels of crude oil reserves from about 40 per cent of the Albertine basin in western Uganda"
The International Monetary Fund will increase loans to Malawi by $76.8 million.
The IMF will increase loans to Malawi by $76.8 million following an economic review of Malawi
Read more about Stick to Sebi-registered investment advisors on Business Standard. However, you should be willing to pay the advisor for the services rendered
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Africa Oil & Gas: Rwanda Prepares Legal Pathway For Oil Discovery. The tiny landlocked East African nation has just passed its national petroleum law
"Rwanda does not have any known oil or gas deposits, but the tiny landlocked East African nation has just passed its national petroleum law that will guide investments and exploration in oil"
Big-game hunters were mum in the aftermath of outrage provoked by the killing of Cecil the lion - now they’re fighting back.
"Big-game hunters were mum in the aftermath of outrage provoked by the killing of Cecil the lion - now they’re fighting back"
Gold drops to the lowest level in seven weeks as home sales in the US rise, adding to speculation the economy can withstand higher interest rates.
"Gold is paring this year’s gains on prospects for a rate rise in June or July that boosted the dollar yesterday to a two-month high."
Fed officials keep saying they want to raise interest rates this summer, but somehow the bond market doesn't quite believe it.
"Strategists have said the apprehension in markets has been that there will be a violent reaction to the Fed's move forward, but so far it has been fairly calm"
India also signed a trilateral agreement with Iran and Afghanistan to develop a transport and transit corridor between the three countries through Chabahar.
India will build and operate two terminals and five berths with cargo handling in the Iranian Port of Chabahar.
Tanzania has authorised the use of drones in Tarangire National Park in a hi-tech battle against poachers who threaten the country's multi-billion dollars wildlife tourism industry.
Tanzania has authorised the use of drones in National Parks in a hi-tech battle against poachers
In our series of letters from African journalists, Ghanaian writer and opposition politician Elizabeth Ohene looks at what we mean when we speak of corruption.
"UK PM David Cameron probably assumes there is an uncontested definition of the word corruption."
From tree seedlings to vegetables, bananas and keeping fish, farmer Osalwa is assured of income all-the-year round.
"From tree seedlings to vegetables, bananas and keeping fish, this farmer is assured of income all-the-year round."