Mauritius
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News
Another mega market to be built in Mbarara City
MBARARA CITY, November 16, 2024 – Landlords in Mbarara City, under the Mbarara Makhan Singh Market Landlords Association [MMSMLA], have announced plans to construct a state-of-the-art market valued at Shs 40 billion.…
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News
COMESA Launches Horticulture Trade Mission to the European Union
KAMPALA, September 24, 2024 — Representatives of 11 Small and Medium Enterprises [SMEs] from Egypt, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Uganda, Zambia, and Zimbabwe recently undertook a horticulture engagement mission to the…
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Africa
COMESA decries longstanding NTBs across borders
LUSAKA, December 1, 2023 – Longstanding Non-Tariff Barriers [ NTBs ] constitute 63,6 percent of total outstanding NTBs in the COMESA region, with some of these remaining unresolved for an average period…
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Africa
COMESA sees 15 percent rise in global trade
KAMPALA, November 1, 2023 – COMESA’s trade globally and within the region has recorded a significant increase with the total exports to the world gaining by 15 percent from US$ 179 billion…
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Africa
Release of Absa Africa Financial Markets Index 2023 slated for October 12
MARAKKECH, September 25, 2023 – The Absa Africa Financial Markets Index 2023 will be released on October 12, 2023, in Marrakech, Morocco, according to the organisers. Now in its seventh year, the…
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Africa
COMESA central banks get expertise in Big Data Analytics and AI
CAIRO, September 19, 2023 – The COMESA Monetary Institute [CMI] has launched a programme to build the capacity of the central banks in the region on the utilisation of Big Data Analytics…
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International
UNWTO members meet to rethink agenda for African tourism
PORT LOUIS – Tourism leaders from across Africa have met to rethink and realign the sector’s role as a driver of development and opportunity across the region. At the 66th meeting of…
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Africa
AfDB approves US$ 147mln in subordinated debt to Mauritius Commercial Bank
ABIDJANI-The African Development Bank [AfDB] has approved US $147 million in subordinated debt to the Mauritius Commercial Bank Ltd [MCB] to enhance its capital base and mobilise loan growth in the renewables,…
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Africa
Over 30 African countries have industrialised in last decade-new AfDB report
NIAMEY-Thirty-seven of 52 African countries have become more industrialised over the past 11 years, according to a new report from the African Development Bank [AfDB], the African Union [AU], and the United…
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Africa
COMESA gets over US$ 6mln grant to boost pharmaceutical sector
ABIDJANI-The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, this month approved a US$ 6.63 million grant to the Common Market for…
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