The International Monetary Fund praises the country’s economic policy management and economic resilience but warns about regional instabilities and climate challenges.
Browsing: Mauritania
SINM, a mining company from the Arab country, had a loan of USD 150 million approved by the African Development Bank, which will help it expand the logistics of iron ore transportation.
GDP growth is lower than that recorded in 2023 due to the slowdown in the extractive sector. In a meeting with local authorities, the fund released new disbursements to the country.
The government will focus on training and job opportunity creation to distribute renewable energy.
The Arab country launched seeding operations to expand vegetation cover. Most part of the country’s surface area is occupied by deserts and barren soils.
With Mauritanian President Mohamed Ould Cheikh AI-Ghazouani as the rotating chair of the African Union, the country is heading the bloc’s delegation in the G20 meetings in Rio de Janeiro.
