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Business / Trade in Mauritania

  • Africa: USA-Africa - No Policy? Bad Policy? or Both?

    BOTSWANA, 2017/08/30 "Africa is terra incognita for the Trump Government: a continent it cares little - and understands even less - about. With no dyed-in-the-wool Trumpian Africa hands available, the government appears ready to cede Africa policy making to career civil servants and a few mainstream Republican appointees." - Matthew T. Page The headline to Page's article in Quartz Africa states that "Donald Trump could be getting his US-Africa policy right by simply not having one." His view is actually additional nuanced, in judging that no policy would likely be only "less bad" than explicitly "bad policy" that may result from better White Home interest in Africa.
  • Africa: 'Market Information Gap Threatens U.S.$400 Billion Intra-Africa Trade'

    BOTSWANA, 2017/07/14 Access to data across African economies, which has been hindered by the fragmented nature of the respective markets, is currently threatening a $400 billion intra-Africa trade potential. Africa Export-Import Bank (Afreximbank) said the present transactions price at $170 billion remained their due to wide gap in market data, which presently needs to be closed to foster accelerated trade integration. Meanwhile, the size of intra-African trade could be doubled from the current level of about $170 billion per year to almost $400 billion by addressing the issue of availability of market data on the continent.
  • Is The Maghreb Union Finished And Dead?

    EGYPT, 2017/07/09 King Mohammed VI has been practically living in Africa in the last few years moving from one country to an extra to propose development programs and cooperation ventures in a transparent win-win approach. So, at the same time as on re-admission of Morocco in the African Union in the Addis Abeba summit on January 31, 2017, he declared with tears in his eyes, to be happy to be back home. The truth of the matter he has always been home though not officially, hoping on his Boeing 747 from one country to an extra bringing bounty and goodwill. What is additional, for a lot of African Muslims, disciples of the Tidjane Sufi order, Mohammed VI is additional than a temporal leader of a northern country, he is a religious symbol bearing the traditional title of amir al-mu’minin “Commander of the Faithful” of the Islamic community of Africa.
  • Tripartite Free Trade Area plods along slowly in Africa

    BOTSWANA, 2017/06/24 Trade between African nations has long been outstripped by intra-regional trade in other parts of the world – for Africa as a whole, intra-regional trade is between 10% and 13% of total trade. This is far lower than in regions such as the EU, where about 60% of trade is between member states, and the Association of South-east Asian Nations, which has a rate of about 25%. Intra-regional trade in North America is put at about 40%. However, the ratification of the Tripartite Free Trade Sector(TFTA) – potentially later in 2017 – could help change that and push the development of additional intra-regional trade increase. A pan-regional free-trade zone, the TFTA stretches from Cairo to Cape Town and encompasses 26 African nations. Africa’s Tripartite Free Trade Area would reduce regional tariffs and create a pan-African single market, to aid development and cash in on a growing middle class in the continent. But with member countries often belonging to multiple economic areas, progress is both complex and slow, as Kit Gillet reports.  
  • Importers threaten to increase prices of goods if government implements tax to fund African Union

    BOTSWANA, 2017/06/15 Importers have threatened to increase the prices of goods if the government implements the 0.2% import tax to fund the AU. Mr Samson Awingobit Asaki, Executive Secretary of the Importers and Exporters Association, told the Ghana News Agency that the implementation of the tax would increase the cost of operation for importers. Mr Asaki added that at the same time as it happens like that, they would have no other choice than to transfer the cost onto the prices of goods for the consumers.
  • Economic integration is helping boost trade and investment in Africa

    BOTSWANA, 2016/05/13 The collapse of virtual borders is one of the majority remarkable things to have happened in our lifetimes. In the world of cyberspace, time and distance have become almost peripheral considerations at the same time as it comes to doing business. Services from software development to accounting can be delivered across the world in the blink of an eye. Next business leaders will struggle to imagine an era at the same time as communication was neither immediate nor virtually free.
  • Egypt, Mauritania sign six agreements, memos

    EGYPT, 2016/04/07 President Abdel Fattah al-Sisi and his Mauritanian counterpart Mohamed Ould Abdel Aziz signed six agreements and memorandums of considerate between the two nations in different fields. Abdel Aziz arrived in Egypt on Saturday for a three-day visit. The agreements included one on maritime cooperation, which was signed by Transportation Minister Galal al-Saeed and the Mauritanian foreign affairs minister. An agreement and memorandum of considerate relating to the housing sector were signed by Housing Minister Mostafa Madbouly and the Mauritanian foreign affairs and housing ministers.
  • Egypt Signs Agreements With Mauritania as Sisi Looks to Diversify Egypt’s Relations

    EGYPT, 2016/04/05 Egypt and Mauritania signed six memoranda of considerate with Mauritania on Sunday in the presence of the two nations’ presidents, Abdel Fattah Al-Sisi and Mohamed Abdel Aziz, according to a statement from Egypt’s National Data Services. The signed memoranda will see the two nations cooperate in the fields of maritime transport, building and housing developments, culture, petroleum and minerals, and the health sector, part others.
  • East Africa: Region's Exports to EU Face Tough Conditions

    ITALY, 2015/09/13 Mistrust has emerged part the East African Community partner states over Tanzania's commitment to the Economic Partnership Agreement that would give the region's goods business-free access to European markets. Tanzania is likely to delay the signing and ratification of the EPA document on the grounds that it was rushed through. Dar es Salaam has threatened not to sign the transaction before its concerns on contentious issues are addressed. The region has until December 31 to sign the transaction with the European Union or go back to the negotiating table.
  • Mauritania and Cote d'Ivoire have signed five cooperation agreements,

    MAURITANIA, 2014/03/18 Mauritania and Cote d'Ivoire have signed five cooperation agreements, in the culmination of the visit to Nouakchott by Ivorian Foreign Minister Charles Koffi Diby, PANA reported Monday. Mauritanian Minister of Foreign Affairs and Cooperation Ahmed Ould Teguedy and Diby signed the pacts here Sunday evening. The agreements focus on the setting up of a joint cooperation commission, which will hold its initial session in Abidjan next year, the free movement of people, goods and services, fishing and aquaculture. The two parties as well decided to set up a joint committee to monitor the next recommendations of the joint cooperation commission, in a bid to evaluate the implementation of the different decisions made.