Passengers who have been physically present in South Africa, Namibia, Lesotho, Botswana, Eswatini, and Zimbabwe will be denied entry or transit through Mauritius.
Israel has placed a travel ban on African states, following reported cases of the new coronavirus variant was detected in South Africa.
According to the statement, the institute will give each participant a monthly stipend of $2,000 during the incubation period.
The UK and Israel have placed a temporary ban on flights from South Africa and five other African countries over worries about a newly identified COVID-19 variant.
The Intra-African Trade Fair 2021 (IATF 2021) came to an end on Sunday in Durban, South Africa, recording $36 billion deals during the week-long event.
A total of 41 players from Nigeria, Germany, US, Sweden, Ghana, Britain, South Africa and Israel are participating in the championship.
The bank explained that proceeds from the facility will boost tax revenue and foreign currency receipts adding that the deal will also create thousands of jobs.
South Africa say it would challenge the result of Sunday’s Qatar 2022 World Cup qualifier against Ghana due to its dissatisfaction with certain decisions made by the match officials.
The president is in Durban at the special invitation of the South African president to attend the inauguration of the second Intra-African Trade Fair (IATF) 2021 on Monday.
Mr Buhari will be attending the inauguration of the second Intra-African Trade Fair (IATF) 2021.
