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Tags archive: Mauritius

Home /Tag: Mauritius
Govt. & Development Organisations

Mauritius gets US$289m loan from JICA for Covid-19 fight

March 1, 2021 0

MAURITIUS - The Japan International Cooperation Agency (JICA) has extended an Official Development Assistance loan of up to US$289 million to support Mauritius’ response to…

DealStreet Africa

Mauritius Commercial Bank exits payments processor ICPS

February 17, 2021 0

MAURITIUS - Mauritius Commercial Bank (MCB) has announced that it has agreed to sell all the 80% shares it held in payments processor ICPS for…

LATEST NEWS

Escotel Mauritius secures US$26m in guarantees from MIGA for its solar power generation

January 20, 2021 0

MAURITIUS - The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees of up to US$25.6 million to Escotel Mauritius covering its investments in solar power…

Investments, Financials & Economy

Evolution II Fund and partners close US$35m commitment to establish and finance energy services firm ESCOTEL

December 17, 2020 0

SOUTH AFRICA - Inspired Evolution, an Africa-focused investment advisory firm that specialises in clean and renewable energy, has led a US$35 million equity investment by…

Financial Services

AfrAsia bank names Inderjit Bedi as it’s new chairman

December 8, 2020 0

MAURITIUS - AfrAsia Bank Limited, commonly known as AfrAsia Bank, has announced the appointment of Mr Inderjit Bedi, as its new Chairman by the board…

Investments, Financials & Economy

Africa Capital Alliance backs Accelerex Holdings with US$20m investment

November 20, 2020 0

MAURITIUS - Accelerex Holdings Mauritius, has announced signing an investment agreement with regional private equity firm, Africa Capital Alliance, for the Capital Alliance Private Equity…

Financial Services

SBM bank to shut 5 branches in Kenya

November 16, 2020 0

KENYA - SBM Bank Kenya, a subsidiary of State Bank of Mauritius (SBM), has announced that it will close five of its Kenya branches in…

Financial Services

Mauritius secures funds from AfDB to fund clean-up of marine oil

September 23, 2020 0

MAURITIUS – The government of Mauritius has secured a US$500,000 emergency assistance grant from the African Development Bank to support international clean-up efforts after a…

DealStreet Africa

Axis Holdco acquires HMG and HMA subsidiaries of asset manager Harel Mallac Co

August 26, 2020 0

MAURITIUS – Axis Holdco, a private limited company, has acquired Harel Mallac Global (HMG) and Harel Mallac Advisory (HMA), subsidiaries of Harel Mallac Co, a…

LATEST NEWS

Tech startup Bongeni launches online platform for home delivery services

August 21, 2020 0

MAURITIUS – Bongéni, a tech startup, has launched an online platform where individuals and businesses who seek moving and home delivery services can be matched…

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