AGP Executive Report
Last update: 11 hours agoRegional Manufacturing: Nigeria’s Veenocks plans to triple tile capacity at its Sagamu factory, with Mauritania among eight African markets targeted for exports. Automotive: Stellantis has placed Mauritania and nine other African markets under management based in Algiers, broadening the regional role of its Algerian operation without announcing new investment or production in Mauritania. Growth Outlook: The African Development Bank raised Mauritania’s 2026 growth forecast from 4.4% to 4.5%. Business Ties: Mauritania’s employers’ union and Egypt’s ambassador discussed investment, industry and trade, and plans for a business forum alongside an expected Egyptian industry minister’s visit. Finance and Infrastructure: The Kuwaiti-Mauritanian Bank has launched operations in Nouakchott; separately, Mauritania and France signed a financing agreement to improve water services in Nouakchott and Nouadhibou.
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