economy

economy

Shell Marks 120 Years of Energy Excellence in Mauritius

Shell Marks 120 Years of Energy Excellence in Mauritius

Africa-Press - Mauritius. Vivo Energy, representing the Shell brand, is celebrating 120 years of presence in Mauritius, marking a significant milestone for the company...
BRICS Grain Producers Lose $2.5B Yearly to Manipulation

BRICS Grain Producers Lose $2.5B Yearly to Manipulation

Africa-Press - Mauritius. Grain producers across BRICS nations are losing an estimated $2.5 billion annually due to market concentration and price manipulation by global...
Lab-grown diamonds robbing southern Africa of riches

Lab-grown diamonds robbing southern Africa of riches

Africa-Press - Mauritius. Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones...
Sub-Saharan Africa's Economies Face High Finance Costs

Sub-Saharan Africa’s Economies Face High Finance Costs

Africa-Press - Mauritius. Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to...
African Nations Seek $69 Billion From IMF for Support

African Nations Seek $69 Billion From IMF for Support

Africa-Press - Mauritius. Demand from African nations for financing from the International Monetary Fund is expected to remain high, as debt burdens mount and...
Billionaire Pledges US$720M to Bridge Africa’S AI Gap

Billionaire Pledges US$720M to Bridge Africa’S AI Gap

Africa-Press - Mauritius. Zimbabwean telecoms mogul Strive Masiyiwa has committed $720 million to establishing Africa’s first network of artificial intelligence factories, aiming to address...
Saudi Arabia's Vision Invest Invests $700 Million in Africa

Saudi Arabia’s Vision Invest Invests $700 Million in Africa

Africa-Press - Mauritius. Saudi-based Vision Invest has invested $700 million in pan-African industrial developer ARISE Integrated Industrial Platforms (ARISE IIP), the company announced on...
Afdb Flags Project Execution Gaps as Africa’S Growth Hurdle

Afdb Flags Project Execution Gaps as Africa’S Growth Hurdle

Africa-Press - Mauritius. The African Development Bank (AfDB) has cautioned that Africa’s economic growth will remain constrained unless governments and institutions improve the design...
AI in Africa to Reach $16.5B by 2030 Mastercard’S Role

AI in Africa to Reach $16.5B by 2030 Mastercard’S Role

Africa-Press - Mauritius. Mastercard has released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness,...
farmers turn to AI to boost their yields

farmers turn to AI to boost their yields

Africa-Press - Mauritius. In rural Malawi, farmers are have been embracing new technology to help them boost their yields and adapt to climate change....