Mauritanian Minister of Energy and Petroleum, Mohamed Ould Khaled, has announced that the extraction operations from the joint gas field with Senegal, designated as the Grande Tortue Ahmeyim (GTA), are projected to start in early 2025. During his address at the inaugural Mauritanian-Senegalese Economic Forum in Dakar, which commenced earlier this week under the theme […]
Tag: Mauritania
Mauritania: Aya Gold & Silver Inc. announces spin-off and creation of growth-oriented gold company
Aya Gold & Silver announced a preliminary agreement to sell its Tijirit mine in Mauritania to Mx2 Mining, a new company focused on developing gold projects in North Africa. As part of the deal, Aya will invest approximately CAD 7.5 million in Mx2, making it the majority shareholder and securing two seats on the Board […]
First edition of Senegal-Mauritania Economic Forum scheduled in Dakar
The inaugural Senegal-Mauritania Economic Forum is scheduled for September 30 to October 1, 2024, at the Radisson Blu in Dakar. The event will center on the theme, “Economic Integration Amidst Energy Transition: The Role of the Private Sectors in Senegal and Mauritania.” Amidst a global shift toward energy transition, the Senegal-Mauritania Economic Forum seeks to […]
Mauritania: Towards reduction of prices of certain staple foods
The Mauritanian Ministry of Commerce announced a new memorandum of understanding with the Federation of Commerce, aimed at lowering the prices of essential foodstuffs. This agreement seeks to alleviate the financial strain on Mauritian consumers by stabilizing the cost of basic groceries amid challenging economic conditions. According to the Ministry’s statement, the new pricing concerns […]
Mauritania: Telecom operators ordered to improve services by September 22 or face heavy penalties
Mauritania’s Ministry of Digital Transformation and Modernization of Administration has mandated that telecom operators improve the quality of their services by September 22, 2024, or face substantial financial and administrative penalties. The ministry’s memorandum outlined potential sanctions, including a reduction of up to three months from the duration of existing licenses and fines of up […]
_President Mohamed Ould Cheikh sent a message of solidarity to President Assimi Goïta of Mali
On Sunday August 25, President Mohamed Ould Cheikh El Ghazouani sent a message of solidarity to President Assimi Goïta of Mali in response to the recent devastating floods in Mali. President Mohamed Ould Cheikh El Ghazouani has written that it is ‘‘with deep sorrow, I have been following the recent floods that have caused significant […]
The British Government advises its citizens not to travel to certain countries
The British Government continues to provide military support to Israel’s ruling extreme right. Despite facing accusations of war crimes and crimes against humanity, the British government has advised against traveling to several countries, recommending travel only for essential reasons. The list of nations subject to the travel warning includes Burkina Faso, Cameroon, Chad, the […]
Bank intermediation dominated Mauritanian banks’ activities in 2023
In 2023, banking intermediation was at the heart of Mauritanian banks’ operations, as they leveraged their deposit-taking and lending activities to support growth. According to the Central Bank of Mauritania’s 2023 annual report, this activity accounted for 65.1% of the banking sector’s total consolidated assets. Customer deposits at the 17 banks operating in the country […]
Mauritania: INSAF National Council elects Sid Ahmed Ould Mohamed as party president
The National Council of the INSAF party elected at its extraordinary session held in Nouakchott on Friday Sid Ahmed Ould Mohamed to the post of party president, succeeding Mohamed Malainine Ould Eyih. The new party president said that the trust placed in him by the party and the choice he had been honored with were […]
Mauritania forms new government under re-elected president Ould El Ghazouani
Following the re-election of Mohamed Ould Cheikh El Ghazouani, Mauritania unveiled the line-up of a new cabinet, led by Prime minister Mokhtar Ould Diay. The new government has 29 ministers, many of whom are Morocco-educated. Prime Minister Diay is a graduate of Morocco’s data and statistics postgraduate school in 1997. Defense minister Hanana Ould Sidi […]









