First Independent Mena Newspaper
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 […]
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. […]
Friday will be a special day in Mauritania. It will mark the first edition of the country’s National sports day, which will be taking place on the first Friday of April each year. The edition will be held under the theme “Practice sport for your health.” A speech was delivered by the Minister of Culture, […]
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 […]
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 […]
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. […]
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 […]
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.” […]
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 […]
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 […]