MAP

IMF Expects Mauritania Economy to Grow 4.2 % in 2016

The International Monetary Fund (IMF) expects Mauritania’s real GDP growth to reach 4.2 percent in 2016 thanks to a rebound in mining production. After concluding a recent review of the country’s economic situation, the IMF says economic activity in the non-extractive sector is expected to remain subdued, with growth slowing marginally to 2.9 pc in […]

Mauritanian President ignores Polisario emissary

Mauritania’s President Mohamed ould Cheikh El Ghazouani has refused to receive a Polisario emissary who is in Nouakchott for five days, reported le360.ma, saying that the move irked Algeria which continues to pull the strings of the separatist militia. The Polisario envoy, Mustapha Sayed, has been in Nouakchott for five days without being able to […]

Moroccan BCP group approves loans for road projects in Côte d’Ivoire

In Côte d’Ivoire, Banque Atlantique, a subsidiary of Morocco’s Banque Centrale Populaire Group, has provided a loan of 32.5 billion CFA francs to the Yamoussoukro road infrastructure rehabilitation project. The loan was attributed to FPO Africa, one of the leading local construction companies in Côte d’Ivoire as part of a public-private partnership (PPP) with the […]