AGP Executive Report
Last update: 10 hours agoPower Infrastructure: The government says it will fully implement an inquiry commission’s recommendations after fires damaged two Nouakchott transformer substations in August. Agricultural Investment: UAE-based Elite Agro plans to invest $120 million in an 8,900-hectare Aftout/Rosso farm project, targeting 244,000 tonnes of produce for Mauritania and regional markets. Oil and Gas: Mauritania and Shell signed an exploration and production-sharing agreement for offshore block C2, including expanded 3D seismic surveys. IMF Financing: The IMF approved $86.9 million in 42-month financing for Mauritania, with $21.7 million available immediately to support economic reforms and stability.
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