Business Emerging Markets Energy Features Headlines Mauritania

First edition of Senegal-Mauritania Economic Forum scheduled in Dakar

The inaugural Senegal-Mauritania Economic Forum is scheduled for September 30 to October 1, 2024, at the Radisson Blu in Dakar. The event will center on the theme, “Economic Integration Amidst Energy Transition: The Role of the Private Sectors in Senegal and Mauritania.” Amidst a global shift toward energy transition, the Senegal-Mauritania Economic Forum seeks to […]

Business Features Finance Headlines Mauritania

World Bank and Mauritania strengthens cooperation over digitization

On Monday September 9 in Nouakchott, Khaled Abidine Sidi, Secretary General of the Ministry of Digital Transformation and Modernization of Administration, met with a delegation from the World Bank Group led by Ousmane Diagana, the Bank’s Vice President for West and Central Africa. In his remarks, Sidi highlighted that the meeting centered on enhancing cooperation […]

Business Emerging Markets Headlines Mauritania

Mauritania: Towards reduction of prices of certain staple foods

The Mauritanian Ministry of Commerce announced a new memorandum of understanding with the Federation of Commerce, aimed at lowering the prices of essential foodstuffs. This agreement seeks to alleviate the financial strain on Mauritian consumers by stabilizing the cost of basic groceries amid challenging economic conditions. According to the Ministry’s statement, the new pricing concerns […]

Features Headlines Mauritania

Mauritania: Telecom operators ordered to improve services by September 22 or face heavy penalties

Mauritania’s Ministry of Digital Transformation and Modernization of Administration has mandated that telecom operators improve the quality of their services by September 22, 2024, or face substantial financial and administrative penalties. The ministry’s memorandum outlined potential sanctions, including a reduction of up to three months from the duration of existing licenses and fines of up […]

Africa Europe Headlines International Mauritania

Spain’s PM on West African tour to stem migration flow, signs deals with Mauritania, Gambia

Spanish Prime Minister Pedro Sanchez agreed with Mauritanian president Mohammed Ould Ghazouani to stem migration flows, as part of a West African tour that will lead him to Gambia and Senegal. The Canary Islands, located close to the African coast and used as a stepping stone for migrants and refugees trying to reach Europe — […]

Africa Emerging Markets Headlines International Mauritania Portrait

Election to the presidency of the AfDB: Mauritania’s Ousmane Kane in the starting-blocks

The African Development Bank (AfDB), headquartered in Abidjan, Côte d’Ivoire, will elect a new president in May 2025. As the candidacy period approaches in September 2024, several names are emerging as potential contenders. Among the prominent candidates is Ousmane Kane from Mauritania, a former AfDB Vice-President for Institutional Services and a close associate of Mauritanian […]

Africa Europe Headlines International Mauritania

Spanish PM expected in Nouakchott, first leg of regional tour

Spanish Prime Minister Pedro Sanchez is expected in Mauritania this Tuesday as part of a regional tour that also includes Dakar and Banjul. The primary focus of this tour, taking place August 27 to 29, is the fight against illegal immigration. The Spanish Canary Islands, which are geographically close to Mauritania, have seen a surge […]

Features Mauritania

_President Mohamed Ould Cheikh sent a message of solidarity to President Assimi Goïta of Mali

On Sunday August 25, President Mohamed Ould Cheikh El Ghazouani sent a message of solidarity to President Assimi Goïta of Mali in response to the recent devastating floods in Mali. President Mohamed Ould Cheikh El Ghazouani has written that it is ‘‘with deep sorrow, I have been following the recent floods that have caused significant […]

Europe Headlines International Mauritania

Spain adopts a new measure concerning Mauritanians transiting through its airports

The Spanish Government has agreed that Mauritanian nationals holding an ordinary passport will require an airport transit visa to transit through the international zones of Spanish airports. This preventive measure, covered by article 3, paragraph 2, of the European Union’s Schengen visa Code, has been taken in response to recent events at airports throughout Spain, […]

Emerging Markets Finance Headlines Mauritania

Bank intermediation dominated Mauritanian banks’ activities in 2023

In 2023, banking intermediation was at the heart of Mauritanian banks’ operations, as they leveraged their deposit-taking and lending activities to support growth. According to the Central Bank of Mauritania’s 2023 annual report, this activity accounted for 65.1% of the banking sector’s total consolidated assets. Customer deposits at the 17 banks operating in the country […]