Category Archives: Mauritius News
The United Nations Convention on Transparency in Treaty-based Investor-State Arbitration enters into force today
The United Nations Convention in Transparency in Treaty-based Investor-State Arbitration (“The Mauritius Convention on Transparency”) will enter into force today, 18 October 2017. The Convention has to date been ratified by Canada, Mauritius and Switzerland. None of the ratifying States made reservations and, as a result, the Transparency Rules are now part of the investor-State dispute settlement regime created by investment treaties concluded by those three States. Consequently, the Transparency Rules will apply to investor-State disputes arising under investment treaties concluded by those States before April 2014 in accordance with the conditions set forth in the Transparency Convention and the relevant investment treaties.
What do Africans really think about the grandiose education projects, promoted by outsiders, that promise to transform their lives? In a special debate at this year’s eLearning Africa conference, we will find out.
LUX* Resorts & Hotels has implemented 130 solar panels and batteries to fully substitute diesel-based power generation for the needs of Ile des Deux Cocos, off-grid South-East Mauritius (www.iledesdeuxcocos.com/fr). The 20kWp project’s state-of-the-art design and storage solution will allow for 11 hours of utilization daily and fulfill self-sufficiency of the property including during night-time.
Details of this year’s eLearning Africa conference, which will take place in Mauritius from September 27 – 29, have been announced, with a comprehensive program of relevant events all linking under the theme ‘Learning in Context.’ The congress coincides with UNESCO’s International Day of Universal Access to Information.
Up and down Africa’s coasts, major seaports with bunkering facilities play a key strategic role in keeping sea traffic flowing, and industries growing. It is big business and includes the storage of bunker (ship) fuels and the provision of fuel to vessels. Bunkering includes the shipboard logistics of loading fuel and distributing it among bunkers.
The organisers of eLearning Africa, the continent’s leading conference on technology assisted learning and training, announced that the Government of Mauritius has agreed to host this year’s conference in September.
LUX* Resorts & Hotels sells Tamassa Resort for US$40 million in sale-and-leaseback deal
The Mauritius Commercial Bank Group (MCB) (MCBAFT.com) hosts 40 top executives representing 40 African banks at the week-long 2016 Africa Forward Together conference which opened this morning at the five-star Ravenala Attitude Hotel. Africa Forward Together (AFT) is an annual event organised by MCB since 2009 to showcase its “Bank of Banks” initiative. Since its inception, 351 delegates representing 108 financial institutions and representing 27 countries have attended the conference, which also aims at fostering better understanding and mutual cooperation between African banks.
Recent reports from tech analysts and firms, including Sage, and Frost and Sullivan, translates that technology and Internet is driving change in businesses across the African continent.
IMF Launches Japan-Funded Project to Improve External Sector Statistics in Central and West African Countries
The International Monetary Fund (IMF) launched on August 29, 2016 a three-year capacity development project to improve the external sector statistics in Central and West Africa. Introduced at the African Training Institute (ATI) in Mauritius, this project has been made possible by the generous support of the Government of Japan. Its opening workshop at the ATI brought together mid– and senior–level central bank officials of 17 Francophone beneficiary countries. Representatives of the Central Bank of West African States (BCEAO) and of the Bank of Central African States (BEAC) also participated in the workshop.