AGP Executive Report
Last update: 4 hours agoOffshore Energy: Mauritania signed two exploration and production contracts with U.S. firm Murphy Oil for the C10 and Tiof coastal blocks, aiming to attract investment and develop its oil and gas potential. Urban Transport: President Mohamed Ould Cheikh El Ghazouani launched the first phase of Nouakchott’s mobility project, including infrastructure for high-quality bus services to ease travel across the capital. Regional Trade: Mauritania and Algeria opened their 20th joint cooperation committee, with investment and trade on the agenda; Algeria says its Tindouf free-trade zone, designed to boost commerce with Mauritania and West Africa, will be ready by year-end. Jobs and Finance: Germany signed a €15 million agreement to support employment through financing for Mauritanian small and medium-sized businesses. The finance minister also held talks with the IMF on economic reforms and public-finance management. Mining Investment: Aura Energy’s feasibility study for the Tiris uranium project raised the construction estimate, putting financing at the center of the company’s plans for a year-end investment decision.
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