News & Analysis: Mauritania

Mauritania’s Fading Promise and Uncertain Future

“With the promise of offshore gas resource wealth in jeopardy and the pressure to recognize Israel, Mauritania faces a challenging time.”

via Fair Observer

Is the Worst of Africa’s COVID-19 Outbreak Over?

“‘Quite early in in the evolution of the pandemic on the continent, governments quickly implemented restrictions on movement and gatherings; so-called ‘lockdowns’ and this, we think, created a window of opportunity to keep the case numbers low and to strengthen public health capacities,’ says WHO Regional Director for Africa Dr. Matshidiso Moeti.”

via AllAfrica

IMF Approves Augmentation and US$52 Million Disbursement for Mauritania

“The COVID-19 pandemic continues to impose severe health, social, and economic hardships in Mauritania, with a 3.2 percent contraction of output expected in 2020. The IMF’s support will provide resources to mitigate the pandemic’s socio-economic impact and continue with institutional reforms to foster an inclusive recovery.”

via IMF

The promise of digitising cash transfers in sub-Saharan Africa during COVID-19 and beyond

“This year, the coronavirus pandemic has forced governments to grapple with difficult questions regarding lockdowns, contact tracing and the provision of emergency financial assistance to citizens now without work. In developing countries, these hardships are magnified with the World Bank estimating that remittances – money transfers sent from foreign workers to their home countries – to low and middle-income countries (LMICs) are projected to fall by 19.7 percent (from $554 billion in 2019 to $445 billion in 2020). Considering the significant role that remittances play in alleviating poverty and improving nutrition, many governments have turned to mobile cash transfers for vulnerable citizens to use while minimising COVID-19 exposure.”

via Africa Portal

Financial, development and humanitarian arms provide $20 million to curb the impact of COVID-19 on refugees and their hosts in the Sahel

“Public health, the wellbeing of refugees and the host communities in the Sahel are at the heart of the latest tripartite agreement between the African Development Bank, UNHCR, the UN Refugee Agency and the G5 Sahel signed today. The agreement enables a critical $20 million COVID-19 response across the five countries of the Sahel region.”

via AfDB

How 7 African scientists got stranded at sea after COVID-19

“When virus broke out, 21 scientists from Morocco, Mauritania, Senegal, the Gambia and Spain were already partway through a voyage off the coast of northwest Africa.”

via The Star

Post-coronavirus: More sorrow for Africa’s new oil and gas producers

“For new producers in the pandemic era, some licensing rounds are likely to be cancelled, and production is being pushed back once more. Debt is becoming an even greater issue. Yet some investors—like Total in Uganda—still show signs of interest.”

via The Africa Report

COVID-19 crisis in North Africa: The Impact and Mitigation Responses

“North African countries have launched measures to sustain businesses, and in particular to address the liquidity constraints of firms these efforts have to be maintained for the medium term.”

via UNECA

Coronavirus border closures strand tens of thousands of people across Africa

“Tens of thousands of migrants are trapped in dangerous conditions at frontiers, mines, ports and in transit camps across Africa after states shut their borders in an attempt to stem the spread of COVID-19.”

via The Guardian (Nigeria)

IMF Executive Board Approves a US$130 Million Disbursement to the Islamic Republic of Mauritania to address the COVID-19 Pandemic

“The Executive Board of the International Monetary Fund approved the disbursement of SDR 95.680 million (about US$130 million) to be drawn under the Rapid Credit Facility (RCF). The RCF funds will help address Mauritania’s urgent balance of payments need stemming from the COVID-19 crisis, estimated at close to US$370 million.”

via IMF