In Mauritius, tourism revenues reached $1.88 billion in 2017, exceeding initial forecast of $46.9 million. Compared to the previous year’s revenues ($1.75 billion), this represents an 8% increase, Xinhua reports.
Let’s note that the good performance was achieved regardless of the fact that the country received less tourists than it had expected: about 1.34 million arrivals against 1.36 million forecasted. In addition, revenues could have been higher if not for a low pound Sterling, according the Central Bank of Mauritius.
Tourism earnings were highest during Q4 2017, reaching $567 million, up by 9.1% against Q4 2016. This is understandable given that this period corresponds to the first half of peak tourism season in the country.
According to Mauritian authorities, 1.43 million tourists are expected in the country in 2018 and about $1.925 billion is expected to be generated by the sector.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Algeria’s upper house approved a law classifying French colonial rule (1830–1962) as a crime. Authorities framed the legislation as a legal and...
Zimbabwe and Zambia signed an MoU for a 311 km rail link to support mining exports. The project could reduce transport distances to Beira port by...
Funding would modernize signaling on Tema–Mpakadan line Upgrade aims to allow simultaneous train movements Project tied to broader push to...
Morocco selected under $226 million USDA program for 2026 Initiative blends farm support with expansion of U.S. exports Could back...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...