Mauritius: Latest News
Dana Sanchez, 6:28 pm
Ibrahim got rich on telecommunications, but he has invested millions in good governance. “Power corrupts absolutely,” Ibrahim said. He called for more international outrage over stolen elections. “People are learning how to steal elections because that looks less brutal than saying ‘I’m president for life,'” he said. “There is a limit to how long they can go on stealing elections. More and more of these elections are being subject to the harsh light of … social media.”
Staff, 4:45 am
Many innovations in Africa fail to materialize due to of lack of knowledge about registering intellectual property. Resident applications for patents are low in African countries. In 2014, there were 132 patent applications in Kenya, 14 in Zambia and five in Rwanda compared to over 280,000 in the U.S. and 19,000 in the U.K. The registration of copyright in many African countries has not taken off and this data is not taken into account in economic surveys. Microsoft’a online IP registration system replaces traditional paper-based forms.
Dana Sanchez, 5:56 pm
International bookings for travel to Africa look highly encouraging through December, according to travel intelligence firm ForwardKeys. Travel within Africa is ahead 9.4 percent for the year. Europe, with more than 60 percent of forward bookings, is ahead 11.3 percent. North Africa has seen slow growth or even decline — people are scared to travel there — while East Africa has seen double-digit growth. Tourism tends to take up to two years to recover after terrorists attack tourists.
Lillian Mutiso, 3:58 am AFKI Original
Obesity is a health condition where a person has high levels of cholesterol, sugar or salt and insufficient nutrients. Poor dieting regimes, genetics or lack of physical exercises are major causes of the condition. In Africa, obesity has been on the rise in recent years due to a rapidly growing urban population across the continent. The continent accounts for nearly 25 percent of the global population of 41 million children under five years who are obese.
Lara Moses, 7:58 am
The island of Mauritius, located 2000 km off the African coast, is known for its stunning lagoons, white sandy beaches and unique culture and cuisine. But underneath its calm waters is an amazing underwater world filled with shipwrecks, coral reefs and a variety of sea life, making it one of the best places in Africa to scuba dive. With excellent visibility, warm water and dive sites ranging from 7 m to 45 m, it is a place for divers of all experience levels.
Peter Pedroncelli, 5:43 am AFKI Original
This coming weekend sees the final round of AFCON qualifiers, with teams from all over the continent finalising their qualifying campaign for the 2017 Africa Cup of Nations, which is set to take place in Gabon in January and February next year. Here is a brief look at some of the AFCON qualifiers, and what they will mean for the countries involved.
Dana Sanchez, 11:41 am
Youth unemployment, especially in failing states, is one of the causes of extremism. Firms less than 5 years old have for decades accounted for nearly all net job creation in the U.S. In less mature economies, entrepreneurs are just as critical for job creation, economists say. Entrepreneurship promotes peace. “We have to give people something to live for, instead of the guys that pitch them something to die for,” said Egyptian-American investor Ahmed El Alfi. Is the U.S. doing enough to promote entrepreneurship in its African foreign policy?
Dana Sanchez, 12:04 pm
Air Mauritius is a small player in the continental Africa-Asia aviation market – a market dominated by Ethiopian Airlines, Kenya Airways and the Gulf airlines. But it has big aspirations to be the hub between Asia and continental Africa. Because Mauritius is an island 1,242 miles off the southeast coast of Africa, everyone arrives by air. Before the airline becomes a hub, it will have to become much bigger, according to an aviation analysis.
Keren Mikva, 2:56 pm
Nine out of the 10 biggest produce exporters to the U.K. are E.U. member countries. Potential changes to E.U. tariffs and the falling value of sterling have forced some retailers to consider sourcing from different countries. U.K. produce importers say they expect to see more produce from Africa. South Africa is already the No. 2 source of fresh fruit to the U.K. after Spain, and Kenya may become a beneficiary of the changing trade patterns.
Dana Sanchez, 3:06 pm
Much of the current real estate investment in Africa is undertaken by private equity funds. Several other investor types are deterred and largely absent due to legislative restrictions, risks around money laundering and the inward-looking nature of African markets. Overseas pension funds, for example, held back because of legislative restrictions and only sought exposure to certain African markets once these were lifted.
- Real Estate