Emerging Markets Finance Headlines Mauritania

Mauritania: IMF warns of fragile progress amid structural, geopolitical pressures

The International Monetary Fund’s 2024–2025 Executive Board report offers a nuanced view of Mauritania’s economic outlook, acknowledging strides in macroeconomic stability and reform while underlining persistent vulnerabilities. Security instability in the broader Sahel region remains a critical constraint, diverting public resources toward defense and deterring foreign investment. The fragile regional context, coupled with Mauritania’s reliance […]

Business Emerging Markets Headlines Mauritania

Mauritania’s growth to slow in 2025 amid extractive sector slowdown- IMF

Mauritania’s economic growth is projected to decelerate to 4.0% in 2025, down from 5.2% in 2024 and 6.5% in 2023, according to the International Monetary Fund’s (IMF) latest Article IV consultation. The slowdown is attributed primarily to a contraction in the extractive sector, which has been a key driver of recent growth. While the economy […]

Algeria Asia Columns Headlines International Mauritania

Algeria’s self-imposed isolation deepens as Mauritania prepares to resume ties with Israel

Mauritania’s preparations to restore diplomatic relations with Israel has sent ripples across North Africa, with the most profound impact felt in neighboring Algeria, a country that has made antisemitism a tenet of its foreign policy. The Mauritanian-Israeli rapprochement, confirmed by news platform Semafor and Israeli media, marks a significant realignment in regional politics and further […]

Americas Asia Headlines International Mauritania

Mauritania, Israel preparing to resume diplomatic ties- Semafor

Mauritania is preparing to reestablish diplomatic relations with Israel, according to a report by news platform Semafor, signaling a major diplomatic shift in North Africa and the broader Middle East. The announcement is expected to be made during a high-level summit hosted at the White House, part of a renewed US effort to expand normalization […]

Emerging Markets Finance Mauritania

World Bank urges Mauritania to diversify economy for sustainable growth

The World Bank has urged Mauritania to adopt decisive reforms to safeguard macroeconomic stability and promote more inclusive and sustainable economic growth. In a statement shared on social media, the Bank stressed the critical need for economic diversification, highlighting the overreliance on the mining sector as a major vulnerability. It recommended that revenues from mining […]

Algeria Columns Headlines Maghreb Mauritania

Algeria uses Polisario militias to unsettle Mauritania

A recent report has raised concerns over the militarization in the Polisario-run Tindouf camps in southwestern Algeria, accusing both Algiers and the Polisario of destabilizing acts targeting Mauritanian territory. The so-called Dakhla camp is being used as a logistical hub for Polisario military operations, a report on Le360 said. The camp’s proximity to the Mauritanian […]

Business Emerging Markets Europe Headlines International Mauritania

EU launches €13.5 million food security program in Mauritania

The European Union has announced a new €13.5 million initiative in Mauritania aimed at strengthening food and nutrition security through sustainable and inclusive food systems. Known as SYSALIM (Systèmes Alimentaires Durables et Inclusifs), the five-year program will be implemented by the Belgian development agency Enabel across seven interior regions (wilayas) of the country. SYSALIM seeks […]

Headlines Mauritania Morocco

Morocco & Mauritania step up medical military cooperation

Lt. General Mohamed El Abbar, inspector of the Royal Armed Forces Military Health Service (FAR), paid on Tuesday a working visit to Nouakchott to foster cooperation ties between the two countries’ armies in areas of common interest. The Moroccan delegation was received by Defense minister Hanane Ould Sidi in presence of his close military aides. […]

Business Emerging Markets Headlines Mauritania Morocco

Morocco, Mauritania seal industrial cooperation deal in metallurgy & mechanical engineering

Morocco and Mauritania signed an agreement to deepen industrial cooperation in the metallurgy, mechanical, and electromechanical sectors. The deal was signed in Nouakchott on Wednesday by Abdelhamid Souiri, President of the Moroccan Federation of Metallurgical, Mechanical and Electromechanical Industries (FIMME), and Nagi Ichidou, President of the Mauritanian Federation of Industry, Mines and Energy (FIME). It […]

Business Emerging Markets Headlines Mauritania Morocco

Morocco, Mauritania sign fisheries marketing agreement

Morocco’s National Fisheries Office (ONP) and Mauritania’s Fish Marketing Company (SMCP) have signed a memorandum of understanding to strengthen cooperation in the marketing and valorization of fishery products, the ONP said in a statement. The agreement, signed in Casablanca this week by ONP Managing Director Amina Figuigui and SMCP Managing Director Yahia Ahmed El Waqf, […]