Africa Business Emerging Markets Headlines International Mauritania

Mauritania/Senegal: Towards strengthened cooperation

The thirteenth session of the Mauritania-Senegal Joint Cooperation Commission, held in Nouakchott, reviews existing agreements and explores new areas for mutually beneficial collaboration. This year’s session prioritized sectors crucial to economic and social development, including fisheries, energy, transport, higher education, livestock, trade, and digital technology. The discussions aim to produce recommendations that will shape future […]

Emerging Markets Headlines International Mauritania Morocco

Morocco, Mauritania determined to upgrade their military cooperation

Morocco and Mauritania have voiced their shared determination to upgrade their military and defense cooperation. This came during a meeting held in Marrakech between Inspector General of the FAR and Commander of the South Zone, Mohammed Berrid, and Mauritanian Minister of Defense Hanena Ould Sidi, on the sidelines of Marrakech Air Show 2024. The meeting […]

Africa Energy Headlines International Mauritania

Mauritania-Senegal: BP announces progress towards imminent exploitation of Ahmeyim Field

Murray Auchincloss, Chief Executive Officer (CEO) of British Petroleum (BP), announced Wednesday October 30, significant progress towards the upcoming exploitation of the Ahmeyim liquefied natural gas (LNG) project, situated off the coasts of Mauritania and Senegal. BP is anticipating the commencement of production and export operations in early 2025, a development that underscores the growing […]

Energy Features Headlines Mauritania

BP Vice-president David Campbell makes unannounced visit to Mauritania

According to sources close to Taqadoumy, David Campbell, BP’s Executive Vice-president, visited Nouakchott over the week-end, meeting with Government officials from the energy sector. Following his visit, Campbell traveled to Dakar to discuss ways to resolve any remaining differences between Mauritania and Senegal, as the Ahmeyim LNG project nears its production and export phase. Campbell’s […]

Europe Headlines International Mauritania

Spain reaffirms its support for Mauritania in the defense and security of its borders

On Monday, October 28, Spanish Defense Minister Margarita Robles reaffirmed Spain’s support for Mauritania in its efforts to secure and monitor its borders. During her two-day visit to Mauritania, Robles met with Defense Minister Hanena Ould Sidi at the Defense Ministry headquarters in Nouakchott. They discussed Mauritania-Spain defense relations and reviewed cooperation between the two […]

Emerging Markets Headlines Mauritania Morocco

Moroccan Economic Week in Nouakchott in December

As Morocco prepares for the upcoming Moroccan Economic Week in Nouakchott this December, both Morocco and Mauritania have reaffirmed their shared dedication to enhancing cooperation across various sectors, aiming to promote regional stability and security. The second edition of the Moroccan Economic and Cultural Week is scheduled to take place in Mauritania’s capital, Nouakchott, from […]

Finance Headlines Mauritania

IMF supports Mauritania to continue economic reforms with nearly $48 million

The Executive Board of the International Monetary Fund (IMF) has announced a preliminary agreement to provide financial support to Tanzania and Mauritania, totaling approximately $428.15 million, to help both countries pursue crucial economic reforms. For Mauritania, the IMF will disburse around $39.7 million through the Resilience and Sustainability Facility (RSF), alongside an additional $8.6 million […]

Algeria Columns Europe Headlines International Mauritania Morocco

ECJ’s political bias emboldens separatism in north Africa

The European Court of Justice has delivered a ruling stating that the EU trade deals with Morocco are invalid because they covered goods from the Sahara territory, in a verdict that emboldens separatism and undermines ties between the EU and its most stable partner in the southern Mediterranean. The ruling was more of a political […]

Africa Energy Headlines International Mauritania

Mauritania-Senegal: Production of the “Grande Tortue Ahmeyim” gas field planned for early 2025

Mauritanian Minister of Energy and Petroleum, Mohamed Ould Khaled, has announced that the extraction operations from the joint gas field with Senegal, designated as the Grande Tortue Ahmeyim (GTA), are projected to start in early 2025. During his address at the inaugural Mauritanian-Senegalese Economic Forum in Dakar, which commenced earlier this week under the theme […]

Business Emerging Markets Headlines Mauritania

Mauritania: Aya Gold & Silver Inc. announces spin-off and creation of growth-oriented gold company

Aya Gold & Silver announced a preliminary agreement to sell its Tijirit mine in Mauritania to Mx2 Mining, a new company focused on developing gold projects in North Africa. As part of the deal, Aya will invest approximately CAD 7.5 million in Mx2, making it the majority shareholder and securing two seats on the Board […]