AGP Executive Report

Anti-IUU Fishing: West Africa is stepping up action against illegal, unreported and unregulated fishing, with regional patrols intercepting vessels that break licence, quota and tracking rules, and the Dakar Declaration pushing for tighter intelligence sharing and stronger port controls. Energy Diplomacy: Russia’s deputy energy minister says Moscow is ready to share energy technologies with partners including Mauritania, aiming for “technological sovereignty” via cooperation in oil and gas training, geological work and water/ hydropower projects. Electricity Access: The AfDB launched a public Mission 300 Progress Tracker (MapAfrica) to monitor electrification in real time, listing Mauritania among priority countries and tracking grid and mini-grid projects. Uranium Investment: Aura Energy says it is moving toward a final investment decision for its Tiris uranium project in Mauritania by end-2026, with talks underway for U.S. financing support and a memorandum with a major nuclear utility. Trade Pressure: The U.S. proposed new 12.5% tariffs on imports from eight African economies, including Mauritania, tied to forced-labour enforcement gaps—raising new risks for export flows. Health & Industry Skills: Egypt and Mauritania discussed expanding healthcare cooperation, including medical training and pharmaceutical collaboration.

Uranium & Power Projects: Aura Energy says it’s pushing toward a year-end final investment decision for Mauritania’s Tiris uranium project, with talks underway for U.S. financing (including the DFC) and a memorandum of understanding with a major nuclear utility—aiming to make Tiris the country’s first uranium mine in decades. Energy Access: The AfDB launched a public Mission 300 Progress Tracker (MapAfrica) to monitor electrification across Africa in real time, listing Mauritania among prioritized countries and tracking grid, mini-grid and solar projects. Trade Policy: The U.S. proposed new 12.5% tariffs on imports from eight African economies, including Mauritania, tied to forced-labour enforcement gaps—adding pressure on export supply chains. Healthcare Cooperation: Egypt and Mauritania discussed expanding collaboration in medical training, pharmaceuticals, preventive healthcare and medical tourism, including a planned visit to Egypt’s drug manufacturing hub. Environment & Land: The Great Green Wall initiative highlights slower-than-expected progress across Sahel countries, including Mauritania, as it targets land restoration, jobs and food security by 2030.

Uranium & Nuclear Supply Chains: Aura Energy says it has a “clear run” to a 2026 final investment decision for Mauritania’s Tiris uranium project, after signing an MoU with a major international nuclear utility and moving talks with the U.S. International Development Finance Corporation for up to $170m in senior debt. Energy Technology Cooperation: Russia’s deputy energy minister told Mauritania it can share energy technologies to build “technological sovereignty,” alongside plans for geological exploration, mining, water management and training for Mauritanian specialists. Power Access & Electrification: The AfDB launched a public Mission 300 progress tracker (MapAfrica) to monitor electricity projects across Africa, listing Mauritania among priority countries and tracking grid and decentralized solar efforts. Trade & Compliance Risk: The U.S. proposed 12.5% tariffs on imports from eight African economies, including Mauritania, alleging failures to ban or enforce forced-labour restrictions—raising stakes for exporters and supply-chain controls. Health & Industry Links: Egypt and Mauritania discussed expanding healthcare cooperation, including medical training and pharmaceutical collaboration via a visit to Egypt’s drug manufacturing and regulatory ecosystem. Climate & Land Restoration: The Great Green Wall initiative highlights Mauritania’s role in restoring degraded Sahel lands through a “mosaic” approach to water, soils and livelihoods.

Uranium & Mining Finance (Mauritania): Aura Energy says it’s in talks with the U.S. International Development Finance Corporation for up to $170m to back its Tiris uranium project, while also pursuing a strategic equity pathway with a “major” nuclear utility; Aura targets a bankable feasibility study in September 2026 and a final investment decision by year-end, with construction aimed for late 2026. Energy Transition (Regional): Morocco pushes green hydrogen ambitions with its “Offre Maroc” framework, while the wider race includes Egypt, Mauritania and South Africa—raising the stakes on water and infrastructure. Healthcare & Pharma (Mauritania): Egypt and Mauritania discussed deeper cooperation in medical training, preventive healthcare, medical tourism and pharmaceutical collaboration, including a visit to Egypt’s ACDIMA manufacturing hub. Trade & Supply Chains (Africa): The U.S. proposes a 12.5% tariff on imports from eight African economies—including Mauritania—over alleged failures to ban or enforce forced-labour goods, adding pressure to export planning. Clean Energy Access (Africa): The AfDB launched a clean cooking programme backed by Italy, aiming to reach about one million households and cut millions of tonnes of CO2. Humanitarian & Food Security (Sahel): UN OCHA warns about 24m people need aid across the Sahel as violence, displacement and climate shocks worsen, with funding at its lowest in a decade.

U.S.-Africa Trade Pressure: The U.S. proposes a 12.5% tariff on imports from eight African countries—including Mauritania—after forced-labour enforcement gaps were flagged in Section 301 probes, adding fresh risk to export flows while a public comment process runs. Nuclear & Mining Investment: Aura Energy says it is nearing a final investment decision for Mauritania’s Tiris uranium project, with talks for up to $170m in U.S. DFC financing and a memorandum with a major nuclear utility, targeting feasibility completion in September and a year-end decision. Energy Security & Costs: UNCTAD warns that Strait of Hormuz disruptions could keep oil prices high, hitting vulnerable economies with higher fuel bills and inflation pressures—an indirect but real concern for Mauritania’s import-dependent energy costs. Healthcare Cooperation: Egypt and Mauritania discussed deeper ties in medical training, preventive healthcare, and pharmaceuticals, including a planned Mauritanian visit to Egypt’s drug manufacturing hub. Clean Cooking Push: The AfDB launched a clean cooking programme aimed at reaching about one million households and cutting millions of tonnes of CO2, a move that can support local energy access and reduce household fuel burdens. Health Emergency Funding: CEPI is backing Ebola Bundibugyo vaccine development with about $60m for Moderna and partners as cases rise in eastern DRC.

U.S. Forced-Labour Tariffs: Washington has proposed a 12.5% extra tariff on imports from eight African economies—including Mauritania—after finding they failed to ban or enforce forced-labour restrictions, with a public comment period before any final decision. Uranium Investment Push (Mauritania): Aura Energy says it is negotiating U.S. financing for its Tiris uranium project, including talks with the U.S. International Development Finance Corporation for up to $170m, while targeting a bankable feasibility study in September and a final investment decision by year-end. Health & Pharma Links: Egypt and Mauritania discussed expanding cooperation in medical training, preventive healthcare, medical tourism, and pharmaceutical manufacturing, including a planned visit to Egypt’s drug industry hub. Energy Transition Race: Morocco is advancing green hydrogen plans under its “Offre Maroc” framework, while Mauritania is among African countries announcing hydrogen targets—raising competition for future export supply chains. Clean Cooking Finance: The AfDB launched a clean cooking programme aimed at reaching about one million households, targeting major CO2 cuts and faster energy access across Africa. Humanitarian Pressure (Sahel): UN OCHA warns 24m people across the Sahel need aid as violence and climate shocks worsen, with funding at its lowest level in a decade.

Uranium & Mining Finance (Mauritania): Aura Energy says it is closing in on a final investment decision for its Tiris uranium project, targeting year-end FID after signing an MoU with a “major international nuclear utility” and negotiating up to $170m in U.S. DFC loan support, with a feasibility study due in September—positioning Tiris as Mauritania’s first uranium mine in decades. Healthcare Cooperation (Mauritania): Egypt and Mauritania discussed deeper ties in medical training, preventive healthcare, medical tourism, and pharmaceuticals, including a planned Mauritanian visit to Egypt’s ACDIMA drug manufacturing and regulatory ecosystem. Clean Energy & Jobs (Africa-wide, relevant to Mauritania): The AfDB launched a Rome Process/Mattei clean cooking program with an initial €25m envelope aimed at reaching about one million households and cutting millions of tonnes of CO2, highlighting energy access as an industrial and social priority. Trade Pressure (U.S.-Africa): The U.S. proposed new 12.5% tariffs on imports from eight African countries including Mauritania, tied to forced-labour enforcement gaps—raising new compliance and supply-chain costs for exporters. Public Health Funding (Ebola): CEPI backed Moderna and partners with about $60m to accelerate Ebola Bundibugyo vaccine development amid a growing DRC outbreak, underscoring fast-moving health procurement needs.

Uranium & Mining Investment: Aura Energy says it is on track for a final investment decision by year-end 2026 for its Tiris uranium project in Mauritania, after signing a non-binding MOU with a “major international nuclear utility” covering potential investment, uranium offtake and technical collaboration; the bankable feasibility study is still due in September 2026 and the company says it has settled key processing design work. Energy Prices & Trade Risk: UNCTAD warns that disruptions around the Strait of Hormuz could hit vulnerable economies hard, with a sustained 50% oil price jump potentially adding over $20bn a year to fuel import bills—an issue that matters for Mauritania’s import-dependent energy costs and inflation pressures. Clean Energy Access: The AfDB launched its Rome Process/Mattei Plan Financing Facility Clean Cooking Program, targeting clean cooking for about one million households across Africa with an initial EUR 25m envelope and expected CO2 cuts of five million tonnes. Education & Digital Skills: A Japan- and UNESCO-backed ICT handover delivered equipment to 15 colleges of education across West Africa including Mauritania, aiming to boost teacher training and digital literacy.

Mining Investment Momentum (Mauritania): Aura Energy says it has a “clear run” to a final investment decision by year-end for its Tiris uranium project in Mauritania, supported by a bankable feasibility study due in September and an MoU with a major nuclear utility covering potential investment and offtake. Energy & Cost Pressures: UNCTAD warns that Strait of Hormuz disruptions could hit 983 million people in vulnerable economies, with a sustained 50% oil price rise adding over $20bn a year to oil import bills—raising fuel inflation and straining public finances. Clean Cooking Finance (Africa): AfDB launched the Rome Process/Mattei Plan Financing Facility Clean Cooking Program, with an initial €25m envelope aimed at clean cooking for about one million households and cutting 5m tonnes of CO2. Public Health R&D: CEPI will provide about $60m to Moderna and partners to accelerate Ebola Bundibugyo vaccine development, as no approved vaccines or treatments exist. Education & Digital Access (West Africa incl. Mauritania): Japan- and UNESCO-backed ICT equipment was handed to 15 colleges of education across West Africa, including Mauritania, to boost teacher training and digital literacy. Industrial Policy Benchmark: AfDB’s Africa Industrialisation Index ranks Morocco first in Africa for the first time, narrowly edging South Africa—an indicator of shifting industrial competitiveness in the region.

Nuclear & Uranium (Mauritania): Aura Energy signed an MoU with an international nuclear utility, aiming for a final investment decision for its Tiris uranium project in Mauritania by year-end, with possible investment, offtake and technical collaboration. Mining Finance (World Bank): The World Bank says mineral demand could double by 2040 and is expanding support to turn mining into jobs and growth, stressing governance, infrastructure and private investment, plus more processing and local supply chains. Clean Energy Access (AfDB): The AfDB launched a clean cooking programme backed by Italy’s Rome Process/Mattei Plan Financing Facility, targeting energy access for about one million households and cutting millions of tonnes of CO2. Industrial Policy (AfDB): Morocco topped the AfDB’s 2025 Africa Industrialisation Index for the first time, edging South Africa, highlighting industrial upgrading, export diversification and strategic policy execution. Fuel Prices (North Africa): Morocco’s diesel eased slightly but remains well above pre-war levels, while Algeria and Tunisia kept prices stable—showing how regulation vs liberalisation changes outcomes. Health & Supply Chains (Ebola): CEPI will fund about $60m to accelerate Ebola Bundibugyo vaccine development, with trials complicated by security in eastern DRC.

Mining & Jobs: The World Bank says mineral demand could double by 2040 and is expanding support to help resource-rich countries turn mining into jobs, local suppliers, and processing—backed by policy, infrastructure, and private investment. Clean Energy Access: The AfDB launched a clean cooking programme in Brazzaville with an initial €25m envelope, aiming to reach about one million African households and cut millions of tonnes of CO2. Critical Minerals & Supply Chains: The EU is moving toward its first joint critical minerals stockpile, initially targeting tungsten, rare earths, and gallium, with talks involving major ports like Rotterdam. Desertification & Sahel Resilience: Coverage highlights the Sahara’s southward advance and the push for large-scale land restoration, including the Great Green Wall’s Sahel corridor model. Maritime Security: Obangame Express OE26 wrapped in Cameroon, bringing 30+ countries (including Mauritania) to improve readiness against piracy, illegal fishing, and trafficking in the Gulf of Guinea. Health R&D: CEPI is funding about $60m to accelerate Ebola Bundibugyo vaccine development, citing the need for trials amid complex security in eastern Congo.

Maritime & Energy Logistics: Sahara Group has started 2026 bunkering operations in Mauritania after winning a new licence, with a 7,600 DWT tanker positioned offshore Nouadhibou to supply Marine Gasoil and VLSFO—aimed at boosting port competitiveness and vessel turnaround times along the Atlantic trade corridor. Digital Infrastructure: An Orange-led consortium signed an MoU for Via Africa, a 20,000km subsea cable linking Europe to West Africa and extending toward South Africa, with landing points including Mauritania and Senegal—designed to improve connectivity resilience across multiple routes. Industrial Policy: The AfDB’s 2025 Africa Industrialisation Index ranks Morocco first in Africa for the first time, narrowly ahead of South Africa, highlighting industrial upgrading, export diversification, and policy implementation—useful context for Mauritania’s own industrial ambitions. Climate & Land Use: The Great Green Wall push continues to gain attention as a Sahel-wide effort to curb desertification and restore degraded land, with Mauritania among the participating countries. Clean Energy Access: AfDB and Italy launched a clean cooking programme in Africa targeting one million households, with financing meant to cut emissions and support energy access goals.

Clean Cooking Rollout: The AfDB and Italy launched a clean cooking programme via the Rome Process/Mattei Plan Financing Facility in Brazzaville, targeting energy access for about one million African households with an initial €25m envelope and expected major CO2 cuts. Mauritania Maritime Fueling: Sahara Group started 2026 bunkering operations in Mauritania after winning a licence, using a 7,600 DWT tanker offshore Nouadhibou to supply MGO and VLSFO—aimed at boosting port competitiveness and vessel turnaround. Digital Connectivity for West Africa: Orange-led consortium signed an MoU for Via Africa, a 20,000km subsea cable linking Europe to West Africa with landings including Mauritania, Senegal and others, to improve route diversity and resilience. AfDB Annual Meetings Focus: The AfDB began its annual meeting in Brazzaville amid Ebola fears and Iran-war fallout, with new president Sidi Ould Tah pushing “affordable capital” and financing innovation as aid shrinks. Infrastructure Financing Push: Africa50 and AfDB stakeholders backed asset recycling—leasing, partial privatization or securitizing revenue-generating public assets—to fund new infrastructure without raising taxes or debt. Desertification Fight: The Great Green Wall marks 20 years, with Mauritania among the Sahel countries backing vegetation corridors to curb Sahara advance and restore degraded land. Mining Partnerships Momentum: Mining On Top Africa 2026 in Paris highlights renewed critical minerals competition and calls for sovereignty, sustainability and global partnerships.

Mauritania Maritime Trade: Sahara Group has started bunkering operations in Mauritania after winning a 2026 licence, chartering the 7,600 DWT FT NERVI offshore Nouadhibou to supply marine gasoil and VLSFO—aimed at boosting port competitiveness and vessel turnaround along the Atlantic corridor. Digital Infrastructure: Orange-led consortium signed an MoU to build Via Africa, a 20,000km subsea cable linking Europe to West Africa and extending toward South Africa, with landings planned across the Canary Islands and Mauritania among other coastal markets. Regional Finance & Development: The AfDB annual meeting opened in Brazzaville amid Ebola fears and Iran-war-driven economic stress, with new AfDB president Sidi Ould Tah pushing “affordable capital” and asset-diversification to narrow Africa’s financing gap. Mining & Industry Momentum: Mining On Top Africa (MOTA) 2026 in Paris (7–8 July) will spotlight critical minerals, sovereignty, and partnerships as African governments seek more local value from mining. Energy Security Context: A report on the Strait of Hormuz highlights how disruptions are tightening energy supplies and raising costs—an issue that also feeds into industrial and logistics pressures across the region.

Maritime & Energy Logistics: Sahara Group has started bunkering operations in Mauritania after winning a 2026 licence, with a bunker tanker offshore Nouadhibou supplying marine fuel to vessels—aimed at boosting port competitiveness and turnaround times along the Atlantic corridor. Digital Infrastructure: Orange-led consortium signed an MoU for Via Africa, a 20,000km subsea cable linking Europe to West Africa and extending toward South Africa, with landings including Mauritania and Senegal—designed to improve connectivity resilience after cable cuts. Mining & Investment Pipeline: Mining On Top Africa (MOTA) 2026 in Paris (7–8 July) will spotlight critical minerals demand, project development and African industrialisation, under a theme of sovereignty, sustainability and global partnerships. Industrialisation Benchmark: An AfDB report ranks Morocco first in Africa’s industrialisation index for the first time, nudging South Africa down; Mauritania is mentioned among the countries tracked. Sahel Environment & Jobs: The Great Green Wall initiative marks 20 years, with Mauritania among the Sahel states backing vegetation restoration to curb desertification and create green jobs. Regional Finance & Infrastructure Funding: AfDB annual meetings in Brazzaville push asset recycling to unlock capital for infrastructure as debt, energy shocks and aid cuts squeeze budgets. Mauritania in the News: Chinese agricultural cooperation highlights Mauritania’s juncao and alfalfa livestock projects suited to sandy conditions.

Mauritania Maritime & Energy: Sahara Group has started bunkering operations in Mauritania after winning a 2026 licence, chartering the 7,600 DWT FT NERVI to supply marine fuels offshore Nouadhibou—aimed at boosting port competitiveness and vessel turnaround across the Atlantic corridor. Digital Infrastructure: Orange-led consortium signed an MoU for Via Africa, a 20,000km subsea cable linking Europe to West Africa (including Mauritania) and extending south, targeting more resilient connectivity for telecoms, fintech and enterprise services. Finance & Infrastructure Funding: African ministers and partners at AfDB Annual Meetings in Brazzaville pushed “asset recycling” to unlock capital for new infrastructure without raising taxes or adding state debt, as debt pressures and energy shocks bite. Regional Industry Context: AfDB’s Africa Industrialisation Index report puts Morocco first in Africa for the first time, highlighting how industrial policy, investment and business conditions are reshaping competitiveness across the region. Environment & Land Use: The Great Green Wall is highlighted as a long-running Sahel initiative—relevant to Mauritania’s land degradation and agriculture resilience agenda.