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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"

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This section contains economy and business opportunities and from Mauritania.
Mauritania Economy Martinican Martiniquais Economy, business opportunities in Mauritania.
Summary:
Société Mauritanienne des Hydrocarbures (SMH), Avis d’Appel Public à Manifestations d’Intérêt : Recrutement d’un Consultant (firme) pour la mise à dispositions d’experts métiers devant accompagner la Société Mauritanienne des Hydrocarbures (SMH) pour la maitrise des outils acquis dans le cadre de la mise en place d'une plateforme de modélisation Oil & Gas
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
24 Apr 2024
 
 
 
Summary:
Construction of 20 Latrine Blocks and Ancillary Works in Atar and Tidjikja as part of the 2HAT project
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
22 May 2024
Posting Date:
24 Apr 2024
 
 
 
Summary:
Recruitment of three (3) NGOs responsible for implementing the social intermediation approach (IMS) supporting the construction and rehabilitation of family latrines, and the creation of an unloading site for the Mberra camp, wilaya of Hodh Chargui
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
07 May 2024
Posting Date:
24 Apr 2024
 
 
 
Summary:
Acquisition of 2 4X4 type vehicles (a double cabin and a station wagon) for the benefit of the CNRE
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
23 May 2024
Posting Date:
24 Apr 2024
 
 
 
Summary:
Provision of monitoring office service to carry out the inventory and monitoring of the rehabilitation work at border posts.
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
05 May 2024
Posting Date:
24 Apr 2024
 
 
 
Summary:
Procurement of enrich technical equipment for the benefit of persons with disabilities
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
15 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Supply and installation of (5) Axle weighing with the execution of 5 reinforced concrete straps
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
29 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Proposals for Reconnaissance Survey in Baie du Lévrier, Mauritania
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Procurement for Maintenance and upkeep work on office equipment for UNICEF and United Nations system agencies in Mauritania: Nouakchott and zone offices
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
13 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Supply of fuel and lubricants to United Nations System (UNS) agencies in Mauritania based on a long-term agreement
Country:
Mauritania
 
Notice Type:
Tender Notice
Deadline:
13 May 2024
Posting Date:
23 Apr 2024