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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.

Investment opportunities

Livestock Sector

Modern slaughterhouses
Establishment of milk manufacturing and dairy products
Establishment of leather manufacturing and processing units

Fisheries Sector

Acquisition and exploitation of fishing boats
Opportunities to invest in the processing and conservation industry
Opportunities to invest in Emerging Fisheries Development like anchovies and shellfish
Opportunities to develop aquaculture and prawn breeding
Infrastructure for offloading
Development of fish processing and transformation industries
Industries related to fishing

Agriculture Sector

Irrigation
Production of vegetables and fruits for local markets and export
Manufacturing cattle feed
Manufacturing and processing units
Dates manufacturing and processing units
Cultivation of Arabic gum.

Mining Sector

Exploration and exploitation of minerals
Partnership Opportunities
Pellets project in the area of Awaj
A new mining port
Increasing the production and export from the Iron mines
Exploitation project underground to mine iron in Tazadit
Phosphate project in Bofal
Oil and Gas Sector

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