firms turn to mergers to scale up for AI future
Africa-Press - Mauritius. African companies are accelerating merger and acquisition activity as CEOs race to build the scale and digital capacity needed for an...
OECD Annual Inflation Ticks up to 4.2% in September
Africa-Press - Mauritius. Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area edged up to 4.2% in September, from 4.1%...
Crop Diversification Strengthen Mauritius’ Food Security
Africa-Press - Mauritius. Producing locally, intelligently, and sustainably. Recently, Agriterra adopted a mechanized model for harvesting its potato fields, allowing better yields and increased...
Bank of Mauritius Governor on Finance’s Role in Africa
Africa-Press - Mauritius. Pricilla Mathura Thakoor, Governor of the Bank of Mauritius, emphasized that financial institutions should not only fund large projects but also...
Mamy Ravatomanga Investigated for Money Laundering
Africa-Press - Mauritius. Maminiaina Ravatomanga, nicknamed "Mamy," arrived at the Financial Crimes Commission (FCC) headquarters on Wednesday morning, November 5, by ambulance from the...
Tribunal Orders Bank of Mauritius to Recognize Union
Africa-Press - Mauritius. The Employment Relations Tribunal ruled in favor of the Bank of Mauritius Employees Union (BOMEU), ordering the Central Bank to officially...
G20 Taskforce Calls for Global Panel on Inequality Emergency
Africa-Press - Mauritius. A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle...
Oil Prices Ease on Supply Surplus and Weak US Manufacturing
Africa-Press - Mauritius. Oil prices edged lower Tuesday after eight members of the OPEC+ group, including both OPEC and non-OPEC producers, decided to postpone...
World Bank’s investment arm to boost local-currency lending
Africa-Press - Mauritius. The International Finance Corporation, the World Bank’s private investment arm, is expanding its local-currency lending and direct investments into companies across...
Infrastructure: from Foreign Loans to Domestic Capital
Africa-Press - Mauritius. Africa needs between $100 to $150 billion per year to close its infrastructure gap. Economic growth on the continent over the...