AGP Executive Report
Last update: 9 hours agoMining Finance: Aura Energy’s feasibility study for Mauritania’s Tiris uranium project raised the construction estimate, putting financing at the centre of plans for a final investment decision by year-end. Talks on senior debt and a non-binding proposal from a US fund are underway. Public Spending: The government says new public procurement rules will strengthen oversight, transparency and efficiency. Trade: Mauritania and Morocco discussed expanding cooperation in trade and tourism during a meeting in Nouakchott. Energy: Mauritania signed offshore exploration and production contracts with Murphy Oil for the C10 and Tiof blocks, aiming to revive exploration and attract investment. Jobs and Finance: Germany’s KfW will provide a €15 million grant to support employment through SME financing. Separately, Mauritania and the IMF reviewed economic reforms, public financial management and the country’s outlook.
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