AGP Executive Report
Last update: 4 hours agoEconomic Ties: Mauritania and Germany are exploring ways to deepen economic cooperation, while talks with Spain focused on trade and tourism. The Canary Islands accounted for €72.5 million, or 32.7%, of Spain’s exports to Mauritania in 2025; opportunities include fisheries, agribusiness, water and renewable energy. Agriculture: Mauritania’s agriculture minister discussed Spanish expertise in water management, production and farm finance, and sought continued World Bank support to modernize farming and improve food security. Mining Investment: Aura Energy is targeting a year-end investment decision on its Tiris uranium project. A feasibility study forecasts annual output of 1.8 million pounds and a 28% return, with development capital of about US$350 million. Investor Outreach: At a Japan-Africa economic forum, Mauritania promoted its investment opportunities and highlighted fish processing as a potential area for cooperation.
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