Financials and Investment News in Mauritania

BCI and EIB partner up to fund SMEs, with EU support
5/23/2024 - Just three months after signing a financing arrangement with the EIB, the BCI has already granted MRU 280 million (€6.5 million) in loans to five SMEs to support employment, entrepreneurship and acces...
The Central Bank of Mauritania commissions G+D to design a digital currency
4/22/2024 - SecurityTech company Giesecke+Devrient (G+D) and Banque Centrale de Mauritanie have signed an agreement during the Spring Meetings of the International Monetary Fund and the World Bank Group to jointl...
LSEG Empowers the Modernization of Mauritania's Financial Markets Through Collaboration with BCM
12/14/2023 - LSEG (London Stock Exchange Group) has been selected by the Banque Centrale de Mauritanie (BCM) to support its Financial Infrastructure Modernization Programme, a project financed by the African Devel...
IsDB President to Undertake First Official visit to the Islamic Republic of Mauritania
10/20/2023 - IsDB President H.E Dr. Muhammad Al Jasser will embark on his inaugural visit to the Islamic Republic of Mauritania from October 21 to 23, aiming to enhance ties between the country and the IsDB Group....
Aura Energy Limited Announces Holdings in Company
7/17/2023 - Aura Energy Limited a company focused on the development of the 85% owned Tiris Uranium Project, Mauritania ("Tiris", or the "Project"), has received a notification that Macquarie Bank Limited and its...
EIB to Provide €20M in Financing & Portfolio Guarantee to Banque Mauritanienne de l'Investissement
7/11/2023 - This is the first time the EIB and the Mauritanian financial sector have worked together since 2006, and is among the first operations under the new 2023-2027 agreement between the European Commission...
IFC Partners with Banque Populaire de Mauritanie to Boost Trade Finance in Mauritania
6/2/2023 - To help businesses in Mauritania finance the import and export of essential goods, including foodstuffs, construction materials, and vehicles, IFC today announced a trade finance facility for Banque P...
Kosmos Successfully Completes Reserve Based Lending Facility Re-determination
4/8/2020 - Kosmos Energy has successfully completed the re-determination of its reserve based lending credit facility (“RBL”). In addition, the company has identified a further $75 million in cost reductions acr...
Kosmos Provides Operational Updates
3/17/2020 - Following the announcement of Kosmos Energy 's full year 2019 results on February 24, 2020, the company is providing an operational update. ...
Sterling Terminates Chinguetti Oil Field Funding Agreement
1/26/2018 - Sterling Energy Plc, the AIM listed oil and gas exploration and production company, provides the following update with respect to its interest in the Chinguetti oil field, offshore Mauritania. ...
Tullow Reviews African Assets to Cut Costs as Oil Prices Tumble
11/12/2014 - Africa-focused oil and gas explorer Tullow Oil has placed some of its African offshore drilling projects under review as it plans to cut exploration costs to deal with the consequences of tumbling oil...
Tullow Books $415m Exploration Write-off after Poor Drilling
7/2/2014 - Oil and gas producer Tullow Oil reported a $415 million pretax write-off in net exploration in the first half of 2014 after disappointing results in Mauritania, Ethiopia and Norway. The energy company...
Sterling Energy shareholders approve £97 million fund raising for Chinguetti
11/19/2004 - November 19, 2004: Sterling Energy plc is pleased to announce that shareholders have overwhelmingly approved the company’s £97 million share placing to raise funds principally for investment in the ...

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