Africa Business Headlines International Mauritania

Central Bank of Mauritania suspends Société Générale Mauritanie buyout by Burkina Faso-based Coris Holding

The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]

Business Emerging Markets Europe Headlines International Mauritania

Canary Islands, Mauritania set up joint Commission to spur economic exchanges

Mauritania and Spain launched Tuesday November 21 in Canary Islands a joint economic commission to establish “relations of trust” between Canary Islands and Mauritanian companies, to develop joint projects in several economic fields, reports say. The Commission is made of around 25 companies from the Canary Islands and several Mauritanian companies active in trade, fishing, […]

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UAE mulls plans to build scientific University in Mauritania to meet domestic labor market demands

United Arab Emirates (UAE) are planning to build a scientific University in Mauritania’s capital of Nouakchott to meet the demands of the local job market, the minister of Education of the Gulf country Ahmed Belhoul Al-Falasi has announced. The future University will be located in the East of the capital and will stretch over 23,377m2. […]

Headlines Mauritania

Supporter of ex-President Abdelaziz wields armed uprising against incumbent leader

Sidi Ali Ould Mbeirick, a Mauritanian political activist in exile and loyalist of former President Mohamed Ould Abdelaziz, has vowed to engage in an armed confrontation with the country’s incumbent leader Mohamed Ould Ghazouani, if he persists in prosecuting and torturing the former leader currently facing justice. Mbeirick made the announcement on the sidelines of […]

Headlines Mauritania Morocco

Morocco foils gold smuggling attempt from Mauritania, other drug trafficking operation

Morocco’s Regional Police forces at the Guerguerat crossing with Mauritania in southern Morocco nabbed Thursday November 16 five individuals between the ages of 21 and 52 for smuggling golds as well as illegal drugs used for cosmetic and sexual purposes, reports say. The men were arrested in two separate operations. The first led to the […]

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EU poised to renew fisheries agreement with Mauritania

The European Union, EU, is poised to renew its current fisheries agreement with Mauritania coming to an end next year, Spain’s Minister of Fisheries Isabel Artem reportedly indicated Wednesday November 8. Both sides inked in November 2021 the agreement that allows the European fleet to access Mauritanian waters for the fishing of approximately 290,000 tons […]

Headlines Mauritania

Mauritania to carry out fifth national census before end of 2023

Mauritania will carry out a head count of its population, the fifth in its history, before the end of year, to gather data needed to prepare, implement, monitor, and evaluate the various development policies, the country’s National Agency for Statistics and Demographic and Economic Analysis has announced. Mohamed Mokhtar Ould Sidi, head of the agency, […]

Headlines Mauritania

Mauritania’s President might seek second term in office

Mauritania’s incumbent President Mohamed Ould Cheikh El Ghazouani could seek another term in office, Cabinet spokesperson and Oil minister Nani O. Chrougha hinted at the possibility, adding that it will be in the interest of the nation. Chrougha made the remark Wednesday November 1st at the traditional weekly press briefing. The state official indicated that […]

Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian joint military commission meets in Nouakchott

The Moroccan-Mauritanian Joint Military Commission held its 4th meeting in Nouakchott on Tuesday to review means of strengthening military cooperation in the various areas of training and education. The meeting was co-chaired by Lieutenant General Mohammed Berrid, Inspector General of the Royal Armed Forces and Commander of the Southern Zone, and Chief of the General […]

Africa Americas Business Emerging Markets Headlines International Mauritania

U.S. reinstates Mauritania into AGOA after four-year hiatus

US President Joe Biden announced the eligibility of Mauritania for benefits under the African Growth and Opportunity Act (AGOA), which affects market access, investment, and reduced or eliminated tariffs on U.S. imports, four years after his predecessor Donald Trump suspended the Western African country over its failure to make progress on human rights – namely, […]