AGP Executive Report
Last update: 5 hours agoInfrastructure: Mauritania and the World Bank reviewed transport and basic-services priorities, aiming to speed up projects and strengthen their impact on growth. The first phase of Nouakchott’s mobility project has also launched, with dedicated bus routes planned across the capital. Energy Investment: Murphy Oil signed offshore exploration contracts for the C-10 and Tiof blocks, taking a 90% operating stake alongside state hydrocarbons company SMH. Jobs and Finance: Germany pledged €15 million to support employment through small and medium-sized businesses, while Mauritania and the IMF discussed economic reforms and public-finance management. Mining: Aura Energy’s updated feasibility study for the Tiris uranium project raised construction costs, leaving financing as a key hurdle ahead of a planned investment decision. Regional Trade: Algeria says its Tindouf free-trade zone, designed to boost commerce with Mauritania and West Africa, is due for completion by year-end.
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