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seychelles OPEC fund
Published by Hafiz Zain Economy Seychelles Apr 30, 2024

Budgetary support loan agreement with the OPEC Fund

Seychelles government secures 20 million USD Mr. Naadir Hassan, the Minister of Finance, National Planning, and Trade of Seychelles, has finalized a 20 million USD loan…

maurice trade economy
Published by Hafiz Zain Economy Mauritius Apr 29, 2024

Trade : 285 million USD deficit in February

The United States remains the main market for exports According to the latest data, the trade deficit in February amounted to 285 million USD, marking a…

madagascar pierre castel prize 2024
Published by Hafiz Zain Economy Madagascar Apr 24, 2024

2024 Pierre Castel Prize : Supporting Young Entrepreneurs in Madagascar

Training and various funding options offered to winners April 24th marks the registration deadline for the 2024 edition of the Pierre Castel Prize. This initiative, organized…

madagascar foreign trade
Published by Hafiz Zain Economy Madagascar Apr 24, 2024

Foreign trade : Beneficial sector for Madagascar’s economy

Leveraging opportunities in the IOC, COMESA, and SADC markets In Madagascar, export opportunities abound, driven by the country’s agricultural potential and rich natural resources. However, a…

mauritius IMF growth 2024
Published by Hafiz Zain Economy Mauritius Apr 22, 2024

IMF forecasts growth of 4.9 % in 2024

Stable economic growth this year The International Monetary Fund (IMF), in the April 2024 World Economic Outlook, has retained its growth projection for Mauritius at 4.9…

mauritius MCCI COMESA
Published by Hafiz Zain Economy Mauritius Apr 19, 2024

MCCI : Facilitating regional trade expansion

Unleashing economic prospects in the region On April 15 and 16, 2024, at the Hennessy Hotel in Ebène, the Mauritius Chamber of Commerce and Industry (MCCI)…

madagascar china agricultural sector
Published by Hafiz Zain Economy Madagascar Apr 19, 2024

Agricultural sector : 2.25 million USD donation from China

Chinese government supports Malagasy agriculture The agreement for the donation was inked on April 9, 2024, at the Iavoloha State Palace, signaling China’s commitment to enhancing…

mauritius economic freedom africa rank
Published by Hafiz Zain Economy Mauritius Apr 09, 2024

Economic freedom in Africa : Mauritius holds the first position

Mauritius maintains its position, Madagascar drops 6 Places With an economic freedom score of 71.5, Mauritius ranks first in Africa among the freest economies, according to…

madagascar economy ariary currency
Published by Hafiz Zain Economy Madagascar Apr 08, 2024

Currency : Appreciation of Ariary Currency

MEF aims to stabilize the Ariary’s rise Ariary continues to rise in value against Euro. This presents a significant appreciation on the interbank currency market (MID).…

madagascar united states AGOA
Published by Hafiz Zain Economy Madagascar Apr 03, 2024

AGOA : Madagascar assessed by the United States

Facilitating Madagascar’s economic transformation through AGOA A delegation from the Ways and Means Committee of the U.S. Congress, led by its chairman, Jason Smith, undertook a…

mauritius germany economy
Published by Hafiz Zain Economy Mauritius Mar 21, 2024

Strengthening economic ties : Mauritius and Germany hold talks

Giving new impetus to bilateral cooperation His Excellency Michael Häusler, the German Ambassador to Mauritius, who is based in Antananarivo, pays a courtesy visit to the…

mayotte octroi de mer
Published by Hafiz Zain Economy Mayotte Mar 14, 2024

Octroi de mer : Necessary reform

98 million USD for Mayotte municipalities The octroi de mer (overseas customs duty), a tax system benefiting overseas communities, is under scrutiny following a report by…

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