Indian Ocean Express

At the head of seven “malls” (shopping centers) among the most important in Mauritius, the Ascencia group, de Rogers branch, resisted the health crisis and the closure of borders well. At the end of the 2019-2020 financial year, which ends in June, Ascencia saw its net profit fall by 58%, while remaining largely profitable...

Le groupe français Décathlon prépare actuellement l’ouverture à l’île Maurice d’un entrepôt de 26 000 m2 destiné à approvisionner les marchés de continent africain et de la péninsule arabique. The sporting goods distribution brand has joined forces with Mauritius Freeport Development Co for this purpose.. Ltd. The warehouse is located in Riche-Terre, north of Port Louis, non loin des infrastructures...

Chinese generosity Chinese Foreign Minister, Wang Yi, devoted the last leg of the tour he made in Africa in early January to the Seychelles. On this occasion, China donated $11 million to Seychelles, dont 4,6 million targeting renewable energy projects. The opportunity to open a direct air line between....

Long track project : réserves environnementales L’Autorité environnementale de l’Etat a publié le 23 décembre dernier un avis plutôt critique sur le projet de construction d’une piste longue à l’aéroport de Mayotte. She particularly points to the inadequacy, at this stage, assessments of the impact of dredging in the lagoon, but also extractions of materials necessary for the construction site....

The ADB supports electricity projects. The African Development Bank granted Madagascar a loan of 42 at the end of December,9 million dollars intended to finance the strengthening of the country's electricity network. A very high voltage line (220 000 volts) will be built, over 135 kilometers, between the capital Antananarivo and the city of Antsirabé. In particular, it will make it possible to transport....

Initialed in October 2019 in Beijing, the free trade agreement between Mauritius and China entered into force on January 1, 2021. Mauritius now benefits from immediate duty-free access to the Chinese market for 7,504 tariff lines of goods. Duties on 723 additional tariff lines will be phased out in the....

Uneven economic recovery, according to the World Bank. The economic rebound expected in 2021 after the shock of the health crisis will be of unequal magnitude across Africa as a whole, according to the latest World Bank estimates. Djibouti would be the champion of the recovery, with a growth of 7,1% of its Gross Domestic Product. Mauritius is the island of....