AGP Executive Report
Last update: 37 minutes agoUranium Investment: Aura Energy’s feasibility study puts Mauritania’s Tiris project on a path to a December investment decision, with first production targeted for 2028. The proposed mine has an estimated $500 million post-tax value and $350 million development cost, but Aura says its cash covers only about two quarters of spending, leaving financing as a key hurdle. Mining Finance: The Africa Finance Corporation is seeking iron-ore and uranium investments and says production potential across Mauritania and three neighboring countries could rank among the world’s top three over the next decade. It hopes to announce investments within 6–12 months. Economic Outlook: The IMF raised its 2026 growth forecast for sub-Saharan Africa to 4.5%, while warning that per-capita growth remains weak. Mauritania’s economy minister also met the Fund’s resident representative and the World Bank’s representative to discuss strengthening cooperation.
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