Investors would rather put their money in Mauritius than South Africa

Despite a larger economy and a much bigger population, South Africa’s political uncertainty and failure to draw cost-sensitive investors has given way for the rise of Mauritius as the top investment destination in Africa. Speaking to CNBC Africa, Bravura’s executive director, Soria Hay, said Mauritius is fast-gaining the reputation among investors as being the true…

Indian firms to open operations in Rwanda, transfer tech to local start-ups

Databases of some 230 young Indian technologies engaged in more than 26 value chains are ready for acquisition by Rwandan entrepreneurs and business start-ups, officials have revealed. An Indian technology-led business delegation, India-Rwanda Innovation Growth Programme (IRIGP), has announced that up to 500 Indian firms will be interlinked with local start-ups as they set up…