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Economy of Mauritania and business opportunities

Economy of Mauritania

A majority of the population of Mauritania depends on agriculture and livestock for a livelihood, even though most of the nomads and many subsistence farmers were forced into the cities by recurrent droughts in the 1970s and 1980s. Mauritania has extensive deposits of iron ore, which account for almost 50% of total exports. The decline in world demand for this ore, however, has led to cutbacks in production. With the current rise in metal prices, gold and copper mining companies are opening mines in the interior. The nation's coastal waters are among the richest fishing areas in the world, but overexploitation by foreigners threatens this key source of revenue. The country's first deep water port opened near Nouakchott in 1986. In recent years, drought and economic mismanagement have resulted in a buildup of foreign debt. In March 1999, the government signed an agreement with a joint World Bank-International Monetary Fund mission on a $54 million enhanced structural adjustment facility (ESAF). The economic objectives have been set for 1999-2002. Privatization remains one of the key issues.

Current GDP per capita of Mauritania grew 82% in the Sixties reaching a peak growth of 166% in the Seventies. But this proved unsustainable and growth consequently scaled back to 14% in the Eighties. Finally, it shrank by 29% in the Nineties. Mean wages were $0.97 per man-hour in 2009.

In 2007, mining industries accounted for well over 35 per cent of the Mauritanian economy, with the fish industry so much as 54% (with big changes between these industries in the power relationship). Diversification of the economy into non-mining industries remains a long-term issue. Mauritania is a net importer of food, reportedly importing 70% of its domestic food needs.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Mauritania"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to Mauritania from all over the world..

This section contains economy and business opportunities and from Mauritania.
Mauritania Economy Martinican Martiniquais Economy, business opportunities in Mauritania.
Summary:
Procurement for Rehabilitation work on six (6) dams in the wilayas of Gorgol, Brakna and Assaba in 3 separate lots.
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
20 May 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Procurement for Works Rehabilitation and Strengthening of the AEP Network of the SNDE Centers of: Fassala and Touil
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
23 Apr 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Upgrade of the SAMU call and regulation center in Mauritania
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Provider as part of a 12-month unit price customer service contract for the rental of double-cab all-terrain vehicles for the HISWACA SOP 1 Project
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
07 May 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Supply, installation and commissioning in two separate lots, of one (01) 256-bar scanner and one (01) 64-bar scanner
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
15 May 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Provision of a freight forwarder and carrier/project 1113
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
25 Apr 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Procurement for Insurance company for health coverage of its national staff in Mauritania
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
10 May 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
provide temporary staff (M/F) and ensure garbage collection
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
06 May 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Supply of medicines and medical consumables to Hamad Bin Khalifa Hospital
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
26 Apr 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Acquisition, transport and installation of bedroom equipment for the UNHCR sub-office in Bassikounou
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
26 Apr 2024
Posting Date:
22 Apr 2024
 
 
 

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