Features Headlines Mauritania

Mauritania: Festival of ancient cities draws down curtains

The third edition of the Mauritanian festival of ancient cities has come to an end in the city of Tichitt with a prize awarding ceremony. Prizes worth 33 million Ouguiyas were thus granted to 25 winners while certificates were handed out to various participants and individuals who have contributed to the success of the festival. […]

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Kanosak to Exploit Gold in Mauritania

Kanosak Capital Venture Corporation has announced that it has acquired 90 percent interest in ‘’la Société Mauritanienne d’Exploration’’ (“SEM”) from Wafa Mining and Petroleum S.A., a Mauritanian company. In exchange for the acquisition, Kanosak, a Canada-based capital pool company, issued 100,000 common shares and paid US$100,000 in cash. Additional contingent consideration of common shares and […]

Headlines Mauritania

France Telecom reveals Mauritania expansion plans

Mauritania is under the radar of France Telecom in its expansion plan in Africa and the Middle East region. The head of strategy and development of the company, Elie Girard said they are yet to begin procedures but said it will “be very valuable” if they can “manage to enter Benin, Togo, Burkina  and Mauritania.” […]

Headlines Mauritania

Mauritania: Inter-Maghreb investment to be promoted

The economic integration of the Maghreb is being discussed for the fifth time at the regional congress in Nouakchott organized by the Central Bank of Mauritania (BCM) in collaboration with the International Monetary Fund (IMF). Participants at the congress vary from different walks of life ranging from ministers, governors from issuing banks, financial experts, economists […]

Headlines Mauritania

China gives Mauritania 10billion for development

China and Mauritania have signed an agreement to finance development projects in the latter up to the tune of 10.7 billion Ouguiyas. Of this amount, 4.871 billion ouguiyas will be in the form of a non-refundable donation while 5.845 billion ouguiyas will be given as a loan without any interest. The Minister of Economic Affairs […]

Headlines Mauritania

Mauritania urges scientific research development

A workshop organized by the department of scientific research at the Ministry of State for National Education, Higher Education and Scientific Research came to an end today. The two-day workshop focused on the state of scientific research in the country and to suggest a strategic plan for its development from now to 2015. It also […]

Headlines Mauritania

Mauritania’s airline ready to blossom

The Islamic Republic of Mauritania’s airline industry is rejoicing over the removal of the country’s ban by the European Commission. During its usual updating of the list of airlines considered to be posing a threat to the European community’s airline industry and security, the European Union committee for aerial security decided to uplift the country’s […]

Headlines Mauritania

Mauritania: Nouadhibou gets record energy supply

The Prime Minister, Dr Mohamed Ould Moulaye Lagdaf attended the inauguration of the distribution of electricity in the city of Nouadhibou aimed at easing at ensuring the continuity of economic and daily services in a city which often comes to a halt because of power shortages. It was financed at a cost of more than […]

Headlines Mauritania

Mauritania: International Handifestival in limbo

The 6th International Handifestival will be held from the 1st to the 4th of December in Nouakchott despite the financial difficulties confronting the organizers with less than 25% of the budget acquired. The event is organized by the ‘Nyellitaaré Légnol’ musical group managed by Mohamed Camara who also serves the president of the Mauritanian musicians. […]