We want to assist you with Business for Sale Mauritania, get Business Opportunities in Mauritania as well as to search for and connect with leading Companies in Mauritania. We also provide a list of key Government trade advisors who assist you with doing business in Mauritania and other relevant business information on Mauritania. Specifically we offer three digital portals that are FREE to use and will be of interest to you…..You can join our Africa Business Community FREE so we can promote your company here. After that if you have a specific investment or business proposition add it to the Africa Business Opportunities Dashboard FREE. Want investment, or to find a business partner, are you selling real estate etc, do you have goods, products or services you want to promote? If so our Africa Business Opportunities Dashboard is for you. View some of the business opportunities uploaded by our Africa Business Community here. Fast growing, more established Mauritania companies with experienced management teams looking for investment can add themselves to our closed AFSIC African Investments Dashboard – after you have uploaded information about your investment opportunity we can send it directly into the inbox of many of Africa’s most important investors. To benefit from any of these options join our Africa Business Community today FREE !
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Knowledge
Country overview: Mauritania is located in northwest Africa bordering the North Atlantic Ocean. It shares borders with Algeria to the northeast, Mali to the southeast, Senegal to the Southwest and Western Sahara to the northwest. It got its independence from France on 28 November 1960. Its capital is Nouakchott with 15 administrative regions. It is a presidential republic with President sitting as the Head of state and Prime Minister as the Head of government. It runs a unicameral legislative system of government. Official language is Arabic while Pular, Soninke, Wolof represent national languages. French is also spoken. Islam is the only religion. It has a mixed legal system of French civil law and Islamic law. It has an area size of 1.031 million sq km. Mauritania has an advantageous geo-strategic position being a major shipping routes in the Atlantic between Europe, the Middle East, West Africa and the Americas and serves as a link between the Northern and sub-Saharan Africa.
Demographic Information: Mauritania has an estimated population of 4.005 million comprising mostly of younger population (less than 19 years) which makes up about 57.3% of the population, those in the age bracket of 19-65 years makes up about 38.8% of the population and above 65 years age group makes up about 3.9% of the population. Average population density is estimated at 5 inhabitants/km2. In terms of human development indicators, it has a life expectancy of 67 years (Women) and 62.1 years (Men). It achieved universal primary education with a 100.41% Primary enrolment rate in 2019 and overall literacy level of 53.5% as at 2017.
Broad Economic Overview: Mauritania economy is dominated by extractive industries (oil and mines), fisheries and agriculture. It is rich in mineral resources (iron, gold, copper, gypsum, and phosphate rock). Extractive commodities make up about 75% of Mauritania’s total exports with Iron ore mainly account for almost 50% of total exports. The majority of the population still depends on agriculture and livestock for livelihoods. Mauritania’s coastal waters are among the richest fishing areas in the world processing a total of 1,800,000 tons of fish per year, and fishing accounts for about 45% of foreign currency earnings. Many oil-gas fields were discovered in the country in the recent years. Real GDP in 2019 grew by 5.9%, up from 2.1% in 2018, thanks to increased production in extractive industries and a rise in exports in the fishing sector. It achieved a modest 2.5% compound annual growth in real GDP in the last 5 years. Its currency is Mauritanian ouguiya. Main exports include crude oil, fish, copper, gold, iron ore, and livestock. Major imports include petroleum products, capital goods, machinery and equipment, foodstuffs, and consumer goods.
The Mauritanian authorities have adopted an inclusive growth strategy for the period 2017-30, planning structural reforms and significant investment in infrastructure. The three pillars of this investment strategy are inclusive economic growth, human capital development and governance improvement. Also, in 2019, government instituted a high council for improving the business climate, chaired by the Prime Minister with the inclusion of private sector representatives to coordinate the implementation of reforms and putting forward an annual action plan. The continuation of current reforms in the sectors of agriculture, port infrastructure, business climate and on increased production in the extractive sector following the expansion of the country’s gold mines is expected to drive private investment and boost growth. Investment opportunities are available in the following sectors of the country’s economy: Agriculture, Livestock, Tourism, Mining, Fisheries, Hydrocarbon, Energy and Financial sectors.
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Other Information Sources
Unable to find the information that you require on Business for Sale Mauritania? You may want to access the following internet sites to obtain further information on Africa, investing in Africa, African business and African investment opportunities….
African Development Bank: www.afdb.org
African Investments: www.africaninvestments.co
AFSIC – Investing in Africa Event: www.afsic.net
BBC Africa: www.bbc.co.uk/news/world/africa
Investing in Africa: www.invest-in-africa.co
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Our team has enormous experience living, working and investing in Africa. We have a comprehensive view on investment opportunities in Africa and Africa’s most important investors and we cover all 54 countries in Africa. As such we should be able to assist you on your query on Business for Sale Mauritania. Our experience is evidenced by the success of our annual AFSIC – Investing in Africa event which we believe is the largest annual Africa investment event taking place outside Africa, and one of the most important conduits of investment into Africa. More information on us and our team is available here.