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 […]

Headlines Mauritania

Mauritania: INSAF National Council elects Sid Ahmed Ould Mohamed as party president

The National Council of the INSAF party elected at its extraordinary session held in Nouakchott on Friday Sid Ahmed Ould Mohamed to the post of party president, succeeding Mohamed Malainine Ould Eyih. The new party president said that the trust placed in him by the party and the choice he had been honored with were […]

Headlines Mauritania

Mauritania forms new government under re-elected president Ould El Ghazouani

Following the re-election of Mohamed Ould Cheikh El Ghazouani, Mauritania unveiled the line-up of a new cabinet, led by Prime minister Mokhtar Ould Diay. The new government has 29 ministers, many of whom are Morocco-educated. Prime Minister Diay is a graduate of Morocco’s data and statistics postgraduate school in 1997. Defense minister Hanana Ould Sidi […]