This bi-annual analysis of Africa's economic health shows that the continent's strong growth has not been as powerful in reducing poverty due to high levels of inequality.
Via Carlo A. Zanaboni
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 to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
Curated by Investors Europe Stock Brokers
|Scooped by Investors Europe Stock Brokers|
The Investors Europe Group, regulated execution-only Stock Brokers with offices in Mauritius (Gateway to Asia) as well as Gibraltar (EU Spot Forex Activities) …
Welcome to Investors Europe Mauritius Stock Brokers
@investorseurope Online Trading Paradigm
@offshorebroker Nominee Trading Accounts
Download Offshore Trading DEMO: http://www.investorseurope.net/offshoretraderdemo.html
The South African Chamber of Commerce and Industry's (SACCI) monthly business confidence index (BCI) rose to 93.9 in November, its highest reading since August, from 93.0 in October.
Delegates at the three-day African Business and Investments Forum held over the weekend in the Algerian capital, Algiers, have once again urged business and political leaders in Africa to remove barriers that limit countries across the continent from trading with each other.
Delegates urge business and political leaders in Africa to remove barriers that limit countries across the continent from trading with each other
"Strategically located at the southern entrance to the Red Sea on the route to the Suez Canal, Djibouti has been seeking to expand its role as transhipment hub and export route for its landlocked neighbour Ethiopia"
"Djibouti's economy is expected to grow 7% in 2017 from a projected 6.5% this year, helped by investment in ports, telecommunications and airports, its budget minister said"
"There’s no shortage of entrepreneurs in Africa, but their ambitions are often hampered by the lack in many countries of reliable and affordable digital payment systems"
Ernst & Young says investor sentiment towards Africa took a knock this year with green-field investments declining 13.4 percent.
Ernst & Young (EY) said investor sentiment towards Africa had taken a knock this year with green-field investments declining 13.4 percent despite the average value of overall capital investment per project rising from $97 million (R1.3billion) to $145 million during the first half of the current year
Selasi Attipoe, a Ghanaian public servant responds to Lidudumalingani Mqombothi's article on Africa's millennial generation (TAR 84 Oct. 2016)
"Many of today’s youth complain of high unemployment rates and wait for government employment but others have learnt to become entrepreneurs. The Generation Y of our time are interested in new and improved ways of doings things and that has been made easier thanks to technology"
"The $500m cement factory in the southeastern Tanzanian town of Mtwara, set up last year with an annual capacity of 3 million tonnes, runs on expensive diesel generators and has sought government support to reduce costs"
"Tanzania is in talks with Nigeria's Dangote Cement on the supply of natural gas to a manufacturing plant for the building material, but negotiations are currently held up over prices, said a government body in the East African country"
"Faced with the challenges of providing food and electricity, the Malawian government is searching for ways to bring both to villages like Chikhawo, just outside the capital city"
Malawi's dilemma of how to find the balance between using Lake Malawi’s water to drive turbines and to irrigate the land for food production in the midst of the drought facing the country
"About 70% of global trade is conducted by multinationals, half of which is between subsidiaries of a parent company. The transaction prices for this intra-firm trade are referred to as transfer prices. Transfer pricing itself is not illegal, but it becomes illegal when legitimate accounting rules are misused to evade tax. Companies might manipulate prices by over- or underinvoicing for goods and services, creating fictitious and phantom invoices, or reinvoicing to commit VAT fraud"
"Global Financial Integrity has estimated that emerging economies lost $7.8-trillion to these activities between 2004 and 2013. It also found that the bulk of this money is not gained through straightforward criminal activities. Rather, about 83% of it is because of complicated forms of commercial tax evasion"
The Stock Exchange of Mauritius has returned 54.9% over the past five years, and there are a number of intriguing opportunities among its 38 listed stocks.
The cost of trading on the Stock Exchange of Mauritius is lower than any other African exchange. Commissions and fees are assessed on a sliding scale that is standard across all brokers. Here is the process of opening an account with a Mauritian stockbroker and buying your first shares
Nestled around an inlet with pretty beaches and sailing boats, Club Med's new flagship resort in Mauritius is the stuff dreams are made of.
"Club Med's new flagship resort in Mauritius has opened, offering a whole new world of accommodation and amenities in a beautifully secluded location on the western side of the island"
Executive summary The World Risk Report (UNU, 2015) ranks the Republic of Mauritius seventh among the 15 most exposed countries to natural hazards, namely sea-level rise, cyclones and floods; and thirteenth among 171 countries for its disaster risk. However, being aware of climate change challenges, the Government of Mauritius has initiated studies more than a decade ago and subsequently took action to develop adaptation and mitigation strategies. Vulnerability maps pertaining to flooding risks, landslides and storm surges have been established for better planning and monitoring. Climate change is now well established on the agenda of the Government and central to several policies being adopted. However, there are still some tasks that are yet to be addressed, especially when taking into account the Intergovernmental Panel on Climate Change’s predictions and their threats to human settlements. Coastal communities, including island populations of Rodrigues, St Brandon and Agaléga, are far more exposed to the immediate impacts of extreme climatic events. As such, relocation of specific communities at Rivière des Galets and Quatre Soeurs is currently under consideration, though relocation remains an expensive option, logistically challenging and exclusively adopted as an ultimate solution.
"The World Risk Report (UNU, 2015) ranks the Republic of Mauritius seventh among the 15 most exposed countries to natural hazards, namely sea-level rise, cyclones and floods; and thirteenth among 171 countries for its disaster risk. However, being aware of climate change challenges, the Government of Mauritius has initiated studies more than a decade ago and subsequently took action to develop adaptation and mitigation strategies"
Press Release - The Government of India has allocated US $ 52.95 million, an equivalent of approximately Rs 1.9 billion representing 15 percent of the total grant of Rs 12.7 billion allocated by the Government of India for the implementation of priority projects in Mauritius.
India allocates US $ 52.95 million for the implementation of its priority projects in Mauritius
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"
McKinsey research suggests this is because simplification attempts are too narrowly focused. Meaningful benefits flow through when simplification efforts are designed, implemented and sustained on a broad scale.
"In retail banking, simplification attempts frequently fail to generate significant performance improvements"
How will the world satisfy its need for energy? McKinsey research offers a perspective.
"When it comes to energy, there is one matter everyone agrees on. For the near future, at least, the world will need more of it—and how it is produced and used will be a critical factor in the future of the global economy, geopolitics, and the environment"
The driving forces of the country’s growth--including urbanization, a rising middle class, and increasing consumer spending--are ripe for companies to seize upon.
"India stands to become one of the largest growth engines in the world, according to research in a new McKinsey Global Institute (MGI) report"
The country struggles to attract Western visitors, tourists focus on limited destinations, and capacity is already stretched. Addressing these challenges could significantly boost the world’s third-largest economy.
"Japan struggles to attract Western visitors, tourists focus on limited destinations, and capacity is already stretched. Addressing these challenges could significantly boost the world’s third-largest economy"
Companies in the region are transforming their digital operations to great effect and building some of the world’s most successful tech giants.
"In Asia, a few factors make the impact of digital more pronounced than in other markets, including social penetration, consumers’ openness to new technologies and the mobile Internet, and willingness by companies to innovate"
"Africa is already suffering from the global economic slowdown that led to a steep drop in commodity prices. If the global economy falls further into recession, Africa will be collateral damage"
In golf as in life, the only thing more important than the shot that has just been played is the next one. In fact, the great Ben Hogan said, “The most important shot in golf is the next one”
“Nigeria has a few fans out there that are seeing the end to this foreign currency regime, but it’s definitely a minority interest right now. But that is the country to watch, based on those top-performing investors and the countries that they’re looking at. In terms of valuation, in terms of pushing into the market, Nigeria is perhaps the least-loved, but has the biggest hopes attracted to it. Though timing is everything. You’ve got to pick the right moment to get into a country like this. But that’s the one to watch.”
According to major fund investors, Nigeria is the country to watch.
The Nigerian deals website learned this lesson the hard way.
“It is not about doing everything yourself. You cannot do everything yourself. You should not do everything yourself.”
The Kenyan and Tanzanian ports are the most important in the region.