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MEDEX BRINGS TOGETHER TOP HEALTH SECTOR PROFESSIONALS AND COMPANIES FROM OVER 10 COUNTRIES FOR THE FIRST TIME
Success of the International Health Fair MEDEX in Mauritania
The International Health Fair, MEDEX, organized by the Federation of Health of the Mauritanian Employers and supported by the Ministry of Health, the Ministry of Commerce, the European Union, and the WHO, has been a resounding success. The event brought together renowned medical professionals and scientists from over 10 countries, as well as more than 80 national and international companies, marking a milestone in the development of the health sector in Mauritania.
The main sponsors of the event included Sogeco, SNIM, and Tasiast, along with the participation of entities such as Banque El Amana, BCI, Vision Plus, Mauritel, CAMEC, COEME, and Mattel. The fair also featured an attractive program of conferences organized by the Order of Physicians and the Order of Pediatricians, highlighting relevant and current topics in the field of health.
More than 4,000 visitors attended this edition of MEDEX, which featured high-level speakers, including Dr. Lara, recognized for his contributions to oncology treatments. This event was sponsored by the First Lady of Mauritania, Dr. Mariem Mohamed Fadel Dah, reflecting the country's commitment to health and wellness.
The International Health Fair MEDEX has laid the groundwork for future developments in Mauritania's health sector, fostering collaboration, knowledge exchange, and the establishment of new opportunities in the medical field.
For more information, visit the Medex website by clicking here.
MEDEX 2024 PHOTO GALLERY
INTERNATIONAL RELATIONS | MAURITANIA - SPAIN
First Mauritania-Canary Islands Business Meeting: Strengthening Ties and Investment Opportunities
Last October, the Mauritian-Spanish Business Association (COEME) organized a business meeting between Mauritania and the Canary Islands at Casa África, with support from PROEXCA and sponsorship from Mauritania Logistics Company (Maurilog) and San Roque Hospitals. A delegation from the Club des Entrepreneurs de Mauritanie (CEM), led by its president Sidi Khalifou, and other Mauritanian entrepreneurs traveled to Las Palmas to strengthen economic ties and explore new investment opportunities between both regions.
The program included presentations and roundtables on green hydrogen, renewable energies, training, and new technologies, as well as B2B meetings between companies. During their stay, the Mauritanian delegation had the chance to learn about the activities of the Canary Islands Technological Institute (ITC), particularly in projects related to green hydrogen.
Mauritanian entrepreneurs, interested in the technology developed in the Canary Islands, also explored the possibility of establishing relationships with local suppliers and their interest in settling in the Canary Islands, attracted by its proximity and tax advantages. This initiative highlights COEME's active role in promoting trade exchanges and strengthening economic relations between the Canary Islands and Mauritania.
Spain reaffirms its support for border security in Mauritania
Spanish Defense Minister Margarita Robles has reiterated Spain's support for Mauritania in its efforts to control and secure its borders. During a two-day visit to Nouakchott, she met with Mauritanian Defense Minister Hanenna Ould Sidi to reinforce bilateral relations and explore areas of cooperation between both ministries.
In their discussions, the Mauritanian minister highlighted the severe security situation in the Sahel, marked by social and political instability, as well as economic crises threatening regional and global peace. He also noted the increasing number of refugees in Mauritania due to conflicts in the region, leading to a rise in migrant traffic seeking to reach Europe through Mauritanian territory.
Mauritania aims to strengthen its collaboration with Spain and the European Union to promote safe and orderly migration. Recently, several bilateral agreements have emerged to manage migratory flows and stabilize borders. Since the end of 2023, Mauritania has become a significant departure point for vessels heading to the Canary Islands, a trend that may increase with good weather.
With over 150,000 refugees on its territory, Mauritania faces a continuous influx of migrants. In comparison, Spain has seen a 66.2% increase in the number of migrants arriving by land and sea this year. This strengthening of the partnership between both countries underscores the importance of a coordinated response to address migratory challenges and ensure stability in the Sahel region.
Politics
Summary of the Speech by the President of Mauritania on the 64th Anniversary of Indepence
The President of the Republic, Mohamed Ould Cheikh El Ghazouani, delivered a speech on the occasion of the 64th anniversary of Mauritania's independence, in which he emphasized the importance of national unity and the development of the country. He announced several significant measures: a monthly allowance of approximately 476.19 euros (20,000 old ouguiyas) will be granted to over 4,000 sixth-grade teachers, and the salary conditions for the armed forces will be improved with increases of approximately 357.14 euros (15,000 ouguiyas) for soldiers and approximately 238.10 euros (10,000 ouguiyas) for non-commissioned officers.
The president stressed the need for social dialogue to discuss raising the minimum wage and reviewing the public sector pension system. He highlighted the crucial role of education and health, mentioning salary increases for health workers and teachers, as well as the establishment of a fund to support housing for teachers.
The speech also addressed the government's efforts to tackle national challenges such as poverty and injustice, reaffirming the commitment to building a modern state that meets the aspirations of the people. The president concluded by expressing his confidence in the ability of the Mauritanian people to achieve social transformation and sustainable development together.
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Energy and renewables
Nigeria, along with the Economic Community of West African States (ECOWAS), Morocco, and Mauritania, has reaffirmed its commitment to the Atlantic African Pipeline project, a $26 billion initiative aimed at connecting Nigeria to Morocco and extending to European markets. This collaboration was the main focus of the ECOWAS inter-ministerial meeting held in Abuja, where strategies to advance the project were discussed.
The Nigeria-Morocco Gas Pipeline (NMGP) aims to transform the region's economy by improving access to natural gas and promoting energy trade throughout West Africa. Mele Kyari, CEO of the Nigerian National Petroleum Company Limited (NNPC), highlighted the importance of the decisions made at the meeting, which will shape the project's future and benefit local communities.
The NMGP is based on Nigeria's vast natural gas reserves and is divided into two main components: the expansion of the West African Gas Pipeline and the Nigeria-Morocco pipeline, which will establish connections between at least 13 ECOWAS countries before extending to Europe.
Laila Benali, Morocco's Minister of Energy Transition and Sustainable Development, and Sediko Douka, ECOWAS Commissioner for Infrastructure and Energy, expressed optimism about the project's potential to generate employment and promote sustainable development in the region.
However, participants also acknowledged challenges, including securing ongoing financing and managing environmental impacts. Despite these obstacles, progress in engineering and environmental studies reflects a commitment to address these challenges in a coordinated and innovative manner, reaffirming Africa's role as a key player in the global natural gas market.
Mauritania seeks to transform its energy sector to boost mining growth
Mauritania is in the process of modernizing its energy infrastructure to support the growth of its mining sector, which includes ambitious projects in iron mining and green hydrogen exploration. Mamadou Amadou Kane, advisor to the Minister of Energy Transition, emphasizes that, for the first time, the country will integrate independent power producers (IPP) to meet the sector's needs.
The Société Nationale Industrielle et Minière (SNIM), the state mining giant, is at the center of this transition, starting with a 30 MW thermal power plant in Zouérat. Additionally, the Tasiast gold mine is exploring solar options to complement its energy consumption.
Reliable and sustainable energy is essential for SNIM, which produced over 13 million tons of iron ore in 2022, to nearly double its output by 2030. Mauritania is also well-positioned to develop renewable energy projects due to its solar and wind potential, which will indirectly benefit mining operations by freeing up traditional energy resources.
Looking to the future, Mauritania aims to position itself as a green hydrogen hub, with projects such as those by Chariot and TotalEnergies underway, seeking to produce hydrogen for export and domestic use. The establishment of reliable energy infrastructure will allow Mauritania to reduce the carbon footprint of its mining operations.
However, the country faces significant challenges, including limitations in energy infrastructure and distribution, as well as a desert environment that complicates operations. Despite this, the government has introduced a master energy plan that supports the integration of private companies into the national grid.
Aiming to achieve universal electricity access by 2030, Mauritania is implementing programs such as the Masdar rural electrification project, which has benefited more than 39,000 households. Additionally, funding agreements are being established with the African Development Bank for key projects, including an electrical interconnection with Mali and the creation of hybrid mini-grids.
With a commitment to reinvest mining revenues into social sectors and critical infrastructure, Mauritania seeks to diversify its economy and promote sustainable growth. With strategic investments and a focus on renewable energy, the country is poised to leverage its natural wealth and build a prosperous future.
Mauritania is taking ambitious steps to position itself as a producer and exporter of sustainable energy, gas, and green hydrogen. In an interview, Minister Mohamed Ould Khaled discusses the significance of the BirAllah gas field and the need for a strategic partner for its development. Discovered in 2015, this field has significant reserves but still requires technical studies to optimize a profitable development plan.
Ould Khaled emphasizes that the government has implemented important reforms to improve the investment climate in the energy sector by streamlining regulatory processes and offering tax incentives. The intention is to transform Mauritania into a regional energy hub, focusing on synergy among the gas, electricity, and mining sectors.
Additionally, Ould Khaled asserts that the country's political stability is key to attracting long-term investments, allowing significant projects like the GTA to begin producing gas in the near future, which should generate substantial revenue and promote local industrialization.
The minister also underscores that the recent green hydrogen code will be crucial for driving investment in this area, leveraging Mauritania's renewable energy potential due to its abundant sun and wind. By producing reliable and low-cost electricity using gas, the country aims to transform its industrial strategy, facilitating the production of green steel and other sustainable industries.
Finally, Ould Khaled envisions a future where Mauritania achieves universal access to sustainable energy by 2030, positioning itself as the next energy hub in the region through significant investments in key infrastructure.
During African Energy Week: Investing in African Energies, ExxonMobil and BP reaffirmed their commitment to investing in oil and gas on the continent, seeking new partnerships to capitalize on the growing demand for energy.
ExxonMobil is leading the Rovuma LNG project in Mozambique, which is expected to produce 18 million tons of LNG per year. The company plans to make a final investment decision by early 2026. Frank Kretschmer, General Manager of ExxonMobil Mozambique, highlighted that the project will not only reduce greenhouse gas emissions but also boost local businesses and create thousands of jobs.
On the other hand, BP is focusing its investments on the Greater Tortue Ahmeyim (GTA) project in Senegal and Mauritania, an innovative offshore LNG development that will produce 2.3 million tons per year over the next two decades. The project is progressing towards the operational phase, with a start date expected by the end of this year. Dave Campbell, Senior Vice President of BP for Mauritania and Senegal, emphasized the importance of harmonizing regulations and focusing on local content, training a new generation of engineers through a training program in collaboration with local technicians.
Both companies underscored the relevance of Africa in the global energy system, both now and in the future, with a focus on sustainable energy solutions and reduced emissions.
Construction and Infrastructures
Mauritanian Government announces €87 million investment for the modernisation of Nouakchott
At the beginning of November, the Mauritanian government announced an ambitious priority development program for Nouakchott aimed at improving access to basic services and revitalizing the city to attract investors. This plan includes a firm commitment to complete the works within 16 months, with a zero tolerance policy on infrastructure quality and a participatory approach involving various local stakeholders.
€20.48 million will be allocated for the rehabilitation and construction of educational institutions, thereby improving school infrastructure. In the health sector, €22.43 million will be invested in the construction of health centers, which are key to strengthening medical care in the capital. Access to drinking water will also be guaranteed in all neighborhoods of Nouakchott.
The program includes the execution of five projects to increase energy production, vital for urban growth. €40 million will be invested in paving 168 kilometers of roads, facilitating transportation and connectivity. Additionally, €5 million will be allocated to sports infrastructure, promoting recreational activities for youth.
Finally, sustainable development initiatives will be implemented, including the creation of green spaces and reforestation, contributing to the beautification of the city. Through these comprehensive actions, the government aims to transform the capital, modernize it, and make it more attractive to investors and tourists.
BADEA commits to finance $100 million for the construction of the Gourbassi Dam
The Arab Bank for Economic Development in Africa (BADEA) has announced a commitment of $100 million to finance the multipurpose Gourbassi dam, located in the Falémé River region. This decision was formalized during a meeting between Mohamed Abdel Vetah, High Commissioner of the Organization for the Development of the Senegal River (OMVS), and Sidi Ould Tah, President of BADEA, in Riyadh, Saudi Arabia.
The process of mobilizing the funds is in its final phase and will be presented at the next BADEA Council session following confirmation of financial conditions by the involved states. The total cost of constructing the dam is estimated at $315 million, and it aims to regulate the flow of the Senegal River, which will facilitate navigation, promote irrigation agriculture, and increase hydropower production.
The dam, which will be 30 meters high and 1.4 kilometers long, is designed to host an 18 MW hydroelectric power station, which will produce 68.4 GWh annually. In addition to energy generation, the project will benefit the region by supporting navigation, ensuring a minimum flow for domestic supply and irrigation, and mitigating environmental impacts related to mining in the area.
Vetah expressed gratitude to BADEA for its ongoing commitment to the development of the Senegal River area and expressed optimism about strengthening cooperation between both institutions.
Inauguration of the second module of the desalination plant in Nouadhibou
The President of the Republic, Mohamed Ould Cheikh El Ghazouani, inaugurated the second module of the seawater desalination plant in Nouadhibou on Friday, as part of the commemoration of the 64th anniversary of national independence. With this new unit, the production of drinking water will rise to approximately 27,000 cubic meters per day, with the goal of increasing this figure to 37,000 cubic meters by 2025.
During the ceremony, the Minister of Hydraulics and Sanitation, Amal Mint Maouloud, highlighted that this project, which costs approximately 266 million ouguiyas, includes the installation of 9 wells with a capacity of 100 cubic meters per hour, a desalination unit capable of producing 5,000 cubic meters per day, and two storage tanks of 500 cubic meters each, all financed by the state budget.
The minister also announced plans for the construction of a new plant with a capacity of 50,000 cubic meters per day and improvements to the water distribution network in Nouadhibou and Boulenouar. The ceremony was attended by key authorities who emphasized the significance of this project for sustainable development and the well-being of the local population, ensuring better water supply until 2030.
Launch of the modernisation project for the National Public Works Laboratory
The Minister of Equipment and Transport, Ely Ould El Veirik, inaugurated the modernization project for the National Public Works Laboratory (LNT) in Nouakchott, alongside the Minister of Habitat, Urbanism, and Land Use Planning, Mamoudou Mamadou Niang.
The project will be divided into two phases: the first includes acquiring modern equipment for asphalt, a 250 KVA electrical substation, and a 160 KVA generator, with a cost of 57 million ouguiyas, with delivery scheduled for December 20. The second phase will focus on training personnel and equipping a modern soil laboratory. The director of the LNT emphasized that this modernization aims to ensure quality infrastructure and independence from foreign laboratories.
Mining
Aura Energy names Mohamed El Moctar Mohamed El Hacene country manager in Mauritania
Aura Energy Limited has announced the appointment of Mohamed El Moctar Mohamed El Hacene as the new Country Manager for Mauritania. This position has been created to enhance the management of the company's operations in the country.
Aura Energy is developing the Tiris Uranium Project, expected to become Mauritania's first uranium mine, with estimated resources of 91.3 million pounds and an annual production of 2.5 million pounds. The project has a net present value (NPV) of $499 million and an internal rate of return of 39%, recovering investment in 2.25 years.
The project aims to generate economic benefits and promote local development while creating jobs. El Hacene has extensive experience in mining and international affairs, previously serving as Mauritania's Minister of Petroleum and Mines. He has also worked with the United Nations and advised various mining companies.
Aura Energy's CEO, Andrew Grove, welcomed El Hacene, noting his experience with the Tiris Uranium Project. His leadership is expected to advance the project significantly.
Inauguration of a new mineral transport line in Nouadhibou
The President of the Republic, Mohamed Ould Cheikh El Ghazouani, inaugurated a new mineral transport line in Nouadhibou to mark the 64th anniversary of national independence. The facility, costing €15.6 million, includes a loading system of 6,000 tons per hour and conveyor belts of 1,200 meters, doubling the loading rate of ships from 5,000 to 10,000 tons per hour.
Minister of Mines and Industry, Thiam Tidjani, stated that this improvement will boost production at SNIM (National Industrial and Mining Company) and strengthen the local economy. The ceremony was attended by government and local officials.
International
BRICS Summit in Kazan: Strengthening cooperation and new strategic agreements
The recent BRICS summit, held in Kazan, Russia, from October 22 to 24, brought together leaders from influential countries amidst a backdrop of growing power and cooperation. With the recent inclusion of new members such as Egypt, Iran, the United Arab Emirates, Ethiopia, and Saudi Arabia, BRICS now represents 45% of the world’s population and 44% of oil production.
At this summit, Mauritania’s President, Mohamed Ould Ghazouani, met with Russian President Vladimir Putin, who emphasized the importance of strengthening relations between Russia and African countries. Putin highlighted that trade between Russia and Africa increased by over 30% in 2023 and reaffirmed Russia's commitment to support the continent's economic and security efforts, as well as the African Union's entry into the G20.
President Ould Ghazouani expressed Mauritania's interest in enhancing ties with Russia, particularly in areas such as fishing, education, and trade, stressing the importance of attracting Russian investors to develop natural resources and energy sectors.
The summit also focused on crucial topics like "dedollarization," where BRICS countries seek to create a trade and finance system independent of the U.S. dollar. A new international payment system is expected to be introduced as an alternative to SWIFT, potentially changing the global economic dynamics.
Cooperation and solidarity among BRICS and developing countries are fundamental to addressing inequalities and promoting sustainable development. The meeting in Kazan not only reaffirms BRICS's commitment to a multipolar era but also sets a clear path for strengthening bilateral relations, exemplified by the collaboration between Mauritania and Russia, which is crucial for addressing the economic and humanitarian challenges facing the African continent.
What could Trump's second term mean for Africa?
Following Donald Trump's reelection, African leaders began congratulating him, with expectations regarding how his second term will impact the continent. However, his first term left a mixed impression, criticized for reducing aid and restricting immigration, along with disparaging comments about some African countries.
During his first administration, Trump introduced initiatives to increase investment in Africa, such as Prosper Africa and the Development Finance Corporation, which continued under Joe Biden and have generated over $10 billion in investments on the continent.
Concerns have arisen regarding the future of the African Growth Opportunities Act (AGOA), which allows certain African countries to export products duty-free. Trump previously stated he would not renew AGOA when it expires in 2025, which could negatively impact economies like South Africa's. While his stance is protectionist, he may maintain certain trade relations to counter China's economic influence in the region.
In terms of humanitarian aid, Africa receives a significant portion of its funding from the United States, which contributed nearly $3.7 billion in the last year. However, Trump has proposed cuts to foreign aid, which could affect key programs like PEPFAR, aimed at combating HIV. Possible Republican victories in upcoming elections could facilitate these cuts.
Regarding immigration, Trump has promised to deport one million undocumented individuals, raising concerns among African migrants. During his first term, he imposed immigration restrictions on several African countries, which may recur.
Lastly, Russia’s growing influence in Africa, through support for governments in conflict, could affect Trump’s response. Although he has previously collaborated with Nigeria to combat terrorism, his approach to other conflicts, like that in Sudan, remains uncertain.
In summary, while Trump appears to intend to establish trade relations with Africa, his protectionist stance and track record of aid cuts and immigration restrictions create uncertainty about the true implications of his second term for the continent.
Environment and Climate Change
At COP29 held in Baku this November, the President of Mauritania and the African Union, Mohamed Cheikh El Ghazouani, emphasized the critical need for international cooperation to address climate change, making a special appeal for Africa's priorities. He highlighted that while the continent contributes minimally to global greenhouse gas emissions, it is one of the most affected by the consequences, such as droughts, floods, and food crises.
Ghazouani stressed that African countries urgently require technical and financial support to adapt and enhance their resilience to climate change. He underscored the historical responsibility of the international community to assist these nations, reminding that climate conditions profoundly impact their development and security.
The president also highlighted Mauritania's efforts to mitigate climate change, such as its participation in the Great Green Wall initiative and the promotion of renewable energy, aiming to increase its share in energy consumption. He assured that despite Mauritania's marginal contribution to emissions (0.02%), the country continues to face devastating effects due to climate change.
Ghazouani concluded his remarks by urging the international community to mobilize adequate resources that respond to the needs of least developed countries, especially in Africa, to ensure a sustainable and just future. His speech resonated as a reminder of Africa's crucial role in the climate fight and the need for significant support for its adaptation and action efforts.
At COP, the urgency of increasing public financing from the Global North for climate adaptation in Africa is emphasized. Carlos Lopes, an economist from the University of Cape Town, argues that African countries, which are not responsible for the climate crisis, depend on external financing, much of which comes in the form of loans, exacerbating their debt burden.
Approximately 64.5% of financing for climate adaptation in Africa has been provided as loans rather than grants, negatively impacting the economies of these nations. Lopes highlights that between $1.3 trillion and $1.6 trillion is needed annually to meet Africa's climate financing requirements, and access to these funds is complicated due to cumbersome bureaucratic processes.
To tackle the crisis, it is crucial for African leaders at COP to secure commitments and resources that promote not only adaptation but also a paradigm shift that avoids reliance on loans and supports sustainable, nature-based solutions. Lopes concludes that bold leadership and regional solidarity are needed to rewrite the rules of climate financing.
Art, Culture & Sports
Dahane Beide, mauritanian referee nominated for Best Referee in the World Award
The International Federation of Football History and Statistics (IFFHS) has nominated Mauritanian referee Dahane Beide as a candidate for the Best Referee in the World award for 2024.
Beide is one of twenty referees from various nationalities competing for this recognition. He has officiated in significant matches, including the final of the recent Africa Cup of Nations in Ivory Coast and the final of the U-17 World Cup in Indonesia.
Since receiving his international referee accreditation in 2018, Dahane Beide has also been part of the referee team for the 2024 Paris Olympics. Born in 1991, he is a geological engineer and graduated from the University of Lille in 2014.
Agriculture and Farming
France donates €16 million to Mauritania to boost agriculture
Mauritania has signed a grant agreement with France for an amount of €16 million (approximately 690 million old ouguiyas) to fund a project that will support agro-pastoral chains and contractual agriculture in the country. The agreement was signed by Minister of Economy and Finance Sid Ahmed Ould Bouh and the Ambassador of France to Mauritania, Moncam Davera, on behalf of the French Development Agency (AFD).
The project aims to structure competitive agro-pastoral chains that generate employment opportunities in the regions of Gorgol, Guidimakha, Adrar, and in dairy production in the two Hodh regions. According to Ould Bouh, improvements will be made in infrastructure, equipment supply, and storage units, as well as the creation of collection centers and financing.
The project is expected to benefit approximately 6,000 farmers, 120 milk producers, and 475 fodder producers, with the goal of marketing 14,000 tons of vegetables and 1,700 tons of milk annually. Additionally, new savings funds will be established in several regions to support agricultural and dairy activities, thereby enhancing the technical and organizational capacities of local cooperatives.
The French ambassador emphasized that this financing reaffirms France's commitment to supporting Mauritania's policies to ensure food security, create wealth, and reduce inequalities in the country.
Economía y finanzas
IMF calls for strengthening of public debt management in Mauritania
Mauritania has commenced a project to enhance the management of its public debt with technical support from the IMF and funding from the Japanese government. An IMF report highlights weaknesses in the National Public Debt Committee, such as a lack of reliable data and qualified personnel, which limits the country's ability to effectively project its debt.
The IMF proposes introducing a tool for debt management but raises concerns about the CNDP's capacity to use it appropriately. Improvement in coordination between institutions and a reduction in reliance on external assistance are needed.
The IMF's plan for 2024 includes establishing reliable debt projections and publishing reports, but its success depends on active government involvement and overcoming existing structural weaknesses. The key question is whether this initiative will lead to significant changes in debt management in Mauritania or merely be another technical effort without lasting results.
Mauritania's National Assembly approves key economics reforms
The National Assembly of Mauritania has recently approved three key bills aimed at transforming the country’s financial landscape. These laws encompass the new statute of the Banque Centrale de Mauritanie (BCM), the modernization of capital markets, and a legislative framework for secured obligations.
The reform of the BCM's statute aims to strengthen its independence and stability while regulating digital payments, which promises to enhance confidence in the financial system. Meanwhile, modernization of capital markets will facilitate access to long-term financing, vital for infrastructure projects and economic growth, thereby reducing dependence on short-term, high-interest bank loans.
The legislative framework for secured obligations will allow lending institutions to diversify their funding sources, providing security to investors by backing securities with assets.
These reforms are crucial for fostering a stronger and more transparent financial environment, which can attract more investments and ensure sustainable development in Mauritania.
The European Union evaluates budget support for Mauritania
In Nouakchott, a follow-up committee meeting was held to analyze cooperation programs between Mauritania and the European Union (EU). Minister of Economy and Finance, Sid Ahmed Ould Bouh, welcomed the EU ambassador and his team, emphasizing the importance of this new chapter in their collaboration.
The minister highlighted Mauritania's progress in development and human rights, which has improved living conditions for the population, particularly for the most vulnerable groups. The EU ambassador, Joaquin Tasso Vilallonga, expressed satisfaction with these achievements and urged attendees to redouble efforts to complete the evaluations of budget support that the Union provides to the country.
OIC Member States sign an agreement to combat corruption
Member states of the Organization of Islamic Cooperation (OIC) signed the "Mecca Agreement on Cooperation in Anti-Corruption Laws" on Wednesday in Doha, Qatar. The signing took place during the second meeting of agencies responsible for enforcing these laws, with the participation of 56 countries.
The agreement aims to establish a legal framework to facilitate cooperation among anti-corruption authorities, enhancing communication, information exchange, and evidence collection to strengthen criminal justice and hold corrupt individuals accountable. Mauritania and other countries signed this agreement, which was previously adopted at the first OIC ministerial meeting in Jeddah, Saudi Arabia.
Mauritania shines at African Fintech Forum with Financial Innovation Awards
The governor of the Banque Centrale de Mauritanie, Mohamed Lemine Ould Dehbi, received the "Fintech Pioneers Award" during the sixth edition of the African Fintech Forum in Abidjan, Côte d'Ivoire. This award recognizes his reforms in financial inclusion and digital finance development over the past two years.
The BCM was also awarded the "Financial Inclusion Award" for improving access to financial services in Africa. During the ceremony, it was noted that the bank is a pioneer in adopting a national inclusion strategy and promoting financial education and interoperability in payment services. The accolades were accepted by Sidi Mohamed Dhaker, Senior Advisor to the Governor.
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