First Independent Mena Newspaper
The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment of two educational institutes that are specialized in key sectors of the economy. The deal was signed by SFD CEO Sultan Al-Marshad and Mauritania’s Minister of Economy and Sustainable Development, […]
Doha-based Cultural association Katara Cultural Village is presenting this December 14 – 16 the “Chinguetti Culture Week”, a culture event featuring a series of lectures on various aspects of ancient Mauritanian culture as well as a display of traditional Mauritanian dress and other artifacts and exhibits, The Peninsula Qatar reports. The Mauritanian Community Office in […]
Mauritania and World Bank signed Monday in Nouakchott two soft loan agreements worth $85 million for the financing of two projects. The first deal is about additional funding for the project to support decentralization and the development of intermediate towns (Moudoun Project), to the tune of $25 million. The project seeks to improve access to […]
The military leaders of Burkina Faso and Niger have announced their countries would follow Mali in quitting the G5 international anti-jihadist force in Africa’s Sahel region, the latest blow to the fight against insurgents in one of the world’s most troubled, conflict-torn areas. Leaders of the five countries involved in G5 Sahel agreed to deploy […]
Habidem, a Mauritanian small business known for turning local resources into a bio-sourced thermal insulator from Typha, a noxious plant, has been awarded Med’Innovant Africa 2023 prize, an innovation competition created by Marseille-based urban and economic development Agency Euroméditerranée. Led by Oumar WELE, the company bagged €7,000 financial assistance, a full support package to build […]
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 […]
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, […]
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. […]
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 […]
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 […]