Emerging Markets Finance Headlines Mauritania Morocco

Moroccan stock exchange, Mauritania’s central bank team up to set up stock market in Nouakchott

Mauritania’s central bank has picked Casablanca stock exchange as a partner to help it set up the country’s first stock market in Nouakchott. This breakthrough agreement is in line with the momentum ushered by King Mohammed VI and president Mohamed Ould El-Ghazouani in favor of promoting cooperation between the two countries. The opening of Mauritania’s […]

Business Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian partnership cuts watermelon prices in half in Nouakchott

An agricultural partnership between Moroccan and Mauritanian private producers is yielding significant benefits for consumers in Nouakchott, as locally grown “Moroccan watermelons” flood the market at dramatically reduced prices. The cooperation, established during the joint commission meeting between the two countries in February 2024, has enabled Moroccan watermelon varieties to be cultivated in Mauritania’s Rosso […]

Emerging Markets Finance Headlines Mauritania

World Bank approves $82.5 million funding to boost Mauritania’s energy and mineral resources

The World Bank approved the “DREAM” project, a major initiative aimed at supporting the development of energy resources and the mineral sector in Mauritania. With a funding of $82.5 million, the project is set to enhance the country’s energy infrastructure by developing electricity storage systems, advancing battery technology, and fostering the growth of green hydrogen. […]

Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian ties going through their best era in recent years – Mauritania’s FM

Relations between Mauritania and Morocco “are going through their best era” in recent years, Mauritania’s Minister of Foreign Affairs, Mohamed Salem Ould Merzoug, said on Wednesday in Rabat. Speaking to the media following talks with his Moroccan peer Nasser Bourita, Mauritania’s head of diplomacy said that the important meeting between Mauritanian President Mohamed Ould Cheikh […]

Africa International Mauritania

Mauritania: Migrants facing deportation attack police station in Gogui

Mauritania has experienced heightened tensions after a group of migrants facing deportation launched an attack on a Police station in Gogui, a border area between Mauritania and Mali. Over the week-end, the migrants threw stones at the Police post before setting it on fire. This violent incident is part of a broader crackdown on irregular […]

Africa Headlines International Mauritania Morocco

FIFA launches in Mauritania First Talent Academy in Africa

FIFA has officially inaugurated on February 25 its first-ever Talent Academy in Africa, located in Nouakchott, Mauritania, with the aim of unearthing football talents and fostering the development of the sport in the country. The academy, based at the headquarters of the Mauritania Football Federation (FFRIM), highlights the nation’s growing prominence in global football and […]

Business Emerging Markets Headlines Mauritania Morocco

Mauritania grants Moroccan professional drivers three-month multiple-entry visa

The Mauritanian authorities have convened to grant a multiple-entry visa valid for three months to Moroccan professional drivers operating in international road transport between Morocco and Mauritania, or between Morocco and West African and Sahel countries via Mauritanian territory, the Moroccan Embassy in Nouakchott announced. The competent Mauritanian authorities have responded favorably to Moroccan drivers’ […]

Americas Asia Business Emerging Markets Headlines International Mauritania

Mauritania cancels Chinese patrol boats deal amid U.S. sanctions pressure

The Mauritanian Government cancelled a contract with a subsidiary of the Chinese state-owned conglomerate Poly Group for the sale of patrol boats, following mounting pressure from the United States, according to a report by Africa Intelligence. The subsidiary, Poly Technologies, has been sanctioned by the U.S. Treasury Department for its alleged support of Russia’s war […]

Emerging Markets Energy Headlines Mauritania Morocco

Morocco, Mauritania take next steps in grid interconnection

Morocco’s water and electricity agency ONEE and Mauritania’s electricity supplier SOMEC signed an agreement to connect their electricity grids. The agreement was signed by head of ONEE Tarik Hamane with his counterpart Sidi Salem Mohaned Elabd in Nouakchott. The project “is part of the Royal Atlantic initiative that aims at promoting African integration and south-south […]

Africa Energy Headlines International Mauritania

Mauritania’s bid to become Africa’s energy hub driven by gas discoveries, green hydrogen agenda

Mauritania may be on the verge of a major transformation from its largely agriculture-based economy to become Africa’s major energy hub thanks to gas gushing from the Greater Tortue Ahmeyim (GTA) development, a massive liquefied natural gas (LNG) field off its Atlantic coast. Mauritania and its south-western neighbor Senegal have recently achieved a historic milestone […]