Business Features Finance Headlines Mauritania

Mauritania Signs $30 Million Budget Support Agreement with OPEC Fund for International Development

On Tuesday, December 16, Mauritania’s Minister of Economic Affairs and Development, Dr. Abdallahi Ould Souleymane Ould Cheikh Sidiya, received a delegation from the OPEC Fund for International Development (OFID) in Nouakchott to sign a US$30 million budget support agreement. The delegation was led by Dr Mahmoud Khan, Director of Operations for Africa, and included Mr. […]

Headlines Mauritania Morocco

Morocco & Mauritania to Step up Military Training Cooperation

A delegation from the Royal Military Academy of Meknes paid lately a visit to Mauritania’s Joint Arms Military Academy to explore cooperation prospects in military training. The Moroccan delegation, led by Commander Mamdouh Al-Mehdi, was composed of third-year officer cadets. They were received by Col. Mohamed El Amine Abdel Moulah, Commander of the Mauritanian Military […]

Features Headlines Mauritania

Mauritania Signs $4.13 Billion in FADES Financing Agreements to Boost Transport and Water Infrastructure

On Monday, 15 December 2025, Mauritania’s Minister of Economic Affairs and Development, Abdallahi Souleymane Sheikh Sidiya, signed two major financing agreements with the Arab Fund for Economic and Social Development (FADES) in Nouakchott, in the presence of Ministers of Equipment and Transport, Ely Ould El Veirik, and Hydraulics and Sanitation, Amal mint Maouloud. The total […]

Emerging Markets Finance Headlines Mauritania

Mauritania: National Insurance Conference to Drive Sector Reform

Mauritania hosted, Dec.8-9, its National Insurance Conference in Nouakchott, aimed at modernizing a sector that currently contributes only 0.33% of GDP, far below the African average of 2%. The conference, organized by the Central Bank of Mauritania (BCM) following the adoption of new legislation in September 2025, brought together hundreds of insurance professionals, experts, investors, […]

Africa Headlines International Mauritania

Mauritania rescues 141 migrants as shifting departure routes deepen Atlantic risks

Mauritania’s coastguard rescued 141 West African migrants on 30 November after their boat, which had departed from the Gambia, capsized off the coast near Nouadhibou. Authorities said on December 1st that the passengers were disoriented and adrift when a maritime patrol spotted them. The group included Senegalese, Gambians, Guineans, and Malians, with three individuals found […]

Headlines Maghreb Mauritania Morocco

Sahara: Will Mauritania join countries having consulates in Moroccan Sahara?

Mauritanian tribal leaders have handed over to Mauritania’s ambassador to Morocco Ahmed Ould Bahi a letter requesting the opening of a Mauritanian consulate in Laayoune to facilitate administrative services for Mauritanians living in the Moroccan southern provinces. The request of the Mauritanian notables was conveyed to their country’s diplomat during a meeting held lately at […]

Headlines Mauritania Morocco

Morocco’s King expresses resolve to enhance constructive cooperation with Mauritania

King Mohammed VI has sent a message of congratulations to President Mohamed Ould Cheikh El Ghazouani of Mauritania, on his country’s national day. In this message, the Monarch expressed his deep satisfaction with the close ties of brotherhood binding the two peoples, and reiterated his willingness to continue working together with the Mauritanian President to […]

Energy Features Headlines Mauritania

Mauritania Secures €39m French Loan to Build Ten Solar Power Plants

Mauritania and France, on Tuesday, November 25, have formalized a preferential loan agreement worth €39.2 million to construct ten solar power plants equipped with storage systems, marking a strategic boost to the country’s clean energy ambitions. Signed in Nouakchott by Mauritanian Economy Minister Abdallahi Souleymane Cheikh Sidiya and France’s Minister Delegate for Foreign Trade Nicolas […]

Emerging Markets Finance Headlines Mauritania

World Bank urges Mauritania to diversify economy

Mauritania must accelerate economic diversification to achieve its ambition of becoming an upper-middle-income country by 2050, the World Bank said in a report published on Nov 24, citing the limits of a development model driven by extractive industries. “The extractive-led growth path is reaching its end,” the Bank said, noting that while Mauritania posted an […]

Headlines Mauritania Morocco

Morocco supports Mauritania’s efforts to combat desert locust surge

Morocco has donated Mauritania 100,000 liters of pesticides to support this country’s efforts in combating desert locust invasion, threatening agricultural output. This donation is part of the permanent cooperation set between the two neighboring countries’ specialized bodies in coordination with the UN Food and Agriculture Organization. Nouakchott has praised Rabat’s “rapid response” to the request […]