| From Brecorder.com: A commodities and currency exchange will go live in Mauritius on Monday offering a local platform for investors worldwide eyeing Africa's rich resources. The African continent is the world's most impoverished region, but commodity-hungry economies such as China are increasingly eyeing investment opportunities.
"Mauritius is the gateway to Africa. We feel that in the next 30 to 40 years Africa will play a very important role in the financial life of the globe," said Venkat Chary, chairman of the exchange, known as the Global Board of Trade (GBOT). The exchange will offer Mauritius rupee/US dollar, dollar/rand, euro/dollar, British pound/dollar and Japanese yen/dollar pairings..............................................Full Article: Source
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