Headlines Mauritania

The Rise of Ansar al-Sharia in Mauritania

Mauritania like some other countries in the Maghreb region is experiencing a rise in strength of the political arm of AQIM (Al Qaeda in Islamic Maghreb) known as Ansar al-Sharia. But unlike some of its neighbors such as Tunisia and Libya, where the group has a strong foothold, Mauritania has not experienced any popular uprising […]

Headlines Mauritania

Mauritania: World Bank helps ICT development

Mauritania’s efforts in improving its telecommunications connectivity through expansion of fiber-optic broadband networks has received a boost after the board of executive directors of the World Bank approved $30 million in International Development Association credits to support the government’s efforts. The World Bank’s Director for Regional Integration, Colin Bruce, said that they “want to harness […]

Business Energy Headlines Mauritania

Mauritania: Forte Energy to begin uranium mineralization

Forte Energy NL, an Australian-based minerals company formerly known as Murchison United NL, has sealed a contract with Wallis Drilling Africa. The deal will offer Forte Energy the license to drill almost 5,000m of NQ Aircore in the highly prospective areas close to the A238 prospect at Hassi Baida in Mauritania. The company specializes in […]

Headlines Mauritania

Mauritania increases farming surface by 110%

Mauritania has reveal plans to increase its arable land by more than 100% in a drive towards satisfying almost 40% of the country’s cereal needs. This ambition is detailed in its 2013-2014 agriculture program, which was presented at the Council of Ministers by the Minister of Rural Development Brahim Ould Mohamed Ould El M’Bareck Mukhtar. […]

Headlines Mauritania

Mauritania: High Profit Expectations On Iron Production

After Forte energy announced earlier on that it will begin its uranium survey drill at the A238 area in Mauritania during the first quarter of the year, Charter Pacific Corporation has also announced that it will be embarking on a reverse circulation drilling and trenching program at its Kaoua El Khadra Iron Ore project in […]

Headlines Mauritania

Mauritania: financial assistance for health care

The Islamic republic of Mauritania has received a loan from the Islamic Development Bank to help the government support its health sector. The loan which is at a tune of $16 million will help the country carry on with its expansion projects in the sector where it is hoping to establish health care networks in […]

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. […]

Business Features Finance Headlines Mauritania

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.” […]